You can use two approaches to decide which stocks are the best to trade.
One is known as the Top Down Approach and the other is called the Down Up Approach.
Here are the differences: Top Down Approach: a.
Sector b.
Group c.
Individual In the Top Down Approach, you start your analysis from the sector level and work your way down ward to the individual stocks.
Traders using this approach first take a look at the stock sector charts.
Then they analyse the groups and then pick the best individual stocks.
Using this approach, you can look for the strongest trending sector up or down, then look for the best group and finally identify the best individual stock.
Down Up Approach: a.
Individual b.
Group c.
Sector In this approach you first find the individual stock than the group and finally the sector to see how the stock is behaving in relation to its peers.
Stock selection is an art.
What you need is a mentor who can teach you this fine art of selecting the best stocks that can make you rick.
Someone who has already made his fortune using his unique stock trading method.
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You need to take a look at his Internal Strength System.
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