1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

The Portfolio Prophet Primary Strategy For Trading ETFs In About 10 Minutes A Week!

What is the primary strategy behind the development and usage of the Portfolio Prophet?

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Mar. 13, 2011 - Bill Poulos: I have received a lot of great feedback on our newest product offering, the Portfolio Prophet.  Most people are captivated by how easy it is to use and are even more amazed at flexibility and profit opportunities it has brought to their attention.

I wanted to take just a couple minutes and address some of the questions that a lot of you are raising about the course and the methodology behind it all.

John from Atlanta writes:  What is the primary strategy behind the development and usage of the Portfolio Prophet?

The primary strategy is first of all to be very patient and wait for selected emerging trends to develop in the selected ETFs.  Not every emerging trend warrants action because some of them are too risky.  You only want to get involved in an emerging trend that puts the odds in your favor.  Only then should you expose your capital to the marketplace.  The way the Portfolio Prophet does this is by evaluating the markets every night after the close.  When an ETF is showing strength (moving up) according to the Portfolio Prophet trading rules and setup conditions, only then will it issue a trade alert to buy the next day.  The system will immediately tell you where to place your initial stop level based on the logic we developed.  I will tell you that its fairly tight stop, usually around 5% of the entry price.

http://tradingninja.com/2011/02/the-portfolio-prophet/

The system will then monitor the trade and when it’s time to move the stop up to lock in some profit, an additional alert will be generated.  The nice thing is that anytime an alert is given, you have until the next day when the market opens to place or adjust your orders.  You don’t have to worry about scrambling to your computer to execute a trade; you are given plenty of time to react.  As a trade progresses, the stop will continue being ratcheted up until the time comes to exit the trade entirely and move your money to a cash position.

http://tradingninja.com/2011/02/the-portfolio-prophet/

I also want to mention that there is not a perfect investing system out there.  There will be times when losses will have to be taken.  What you have to remember is not to be afraid of taking those small losses.  Fear of loss is what causes a person to stay in longer than they should and more often than not will result in larger losses.  Always remember, cut your losses early and let your profits run.

http://tradingninja.com/2011/02/the-portfolio-prophet/

# # #

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and currencies!

--- End ---

Click to Share

Contact Email:
***@ninjatraderblog.com Email Verified
Source:Hassam
Country:Pakistan
Industry:Banking, Business, Finance
Tags:etf, etfs, exchange-traded funds, etf trading, etf investing, stocks, stock market, investing, wealth building, forex
Shortcut:prlog.org/11370484
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share