The selloff technology on Wall Street has left many investors nervous. The usual low-volume summer months have been met with a relaxed or an arrogant attitude. However, the market seems to be threatened to a greater degree. The current situation has limited investor’s options, leaving them with a choppy market environment. To profit from choppy market environments, Netpicks recommends the use of “Lock and Walk” strategy, a proven method that has been used since 2000. However, past performance does not guarantee future results. Watch from the tutorial videos in this link from youtube.com.
The Lock and Walk technique is designed to observe support and resistance patterns in the Nasdaq 100 NDX, -0.36 percent. An investor can then trade the ProShares UltraShort QQQ QID, +0.88 percent and the ProShares Ultra QQQ QLD, -0.74 percent when support and resistance levels are tested or broken. The simple rules to this process are; “if Support is tested by QLD, target resistance to sell. If support breaks, sell QLD. If resistance is tested by QID, one should target support to sell. If resistance breaks, sell QID.” However, if this strategy has 67 basis points in profits, the option is designed to shut down until the following trading period.
Netpicks is a trading company that is committed to helping investors generate wealth. The company, which was founded in 1996, offers trading education in a wide range of markets, including futures, forex, signals, systems, options and stocks. The Texas-based company boasts of over 25 years of trading experience. This way, they have vast knowledge on advising traders on how to create wealth. The company has achieved much success under the leadership of Mark Soberman. The staff of Netpicks includes real traders who are not only knowledgeable, but also passionate about helping clients to succeed. Additional article to read here
Netpicks’ offers a broad and flexible trading system that is designed to fit both part-time and full-time employees. The trading systems are convenient since they can be mastered in the shortest time possible. Once a trader sets an objective, Netpicks hold his or her hand through all the subsequent steps. The company’s coaching team continues to trade on a daily basis. With their vast experience, clients are guaranteed the most accurate and practical coaching that will lead them towards financial freedom. Click this link from netpicks.com and learn socially responsible trading. For updates on their recent timeline activities, hit on this.