Trading Entries after a Rounded Bottom

05/07/2013 6:00 am EST

Focus: STRATEGIES

Ron Wagner

Principal Partner, RevolutionaryTrading.com

Learning how to trade reversals from a bottoming process can be very rewarding. We should never try to find the exact bottom or top, but rather to read price and volume action to determine the best entry locations with the least risk possible.

The market environment and sector strength will be more important in how a reversal will work, so make sure to evaluate those elements before taking such trades.

On this four-minute video, veteran trader Ron Wagner will show you how the second entry after a bottoming process can often be more reliable.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on STRATEGIES

Keyword Image
MSG Networks: A Sporting Chance
12/12/2018 5:00 am EST

Validea is an advisory service which assesses stocks based on the investing criteria of many of the ...