How To Use This 3 Step System When Trading Netflix
The challenge with trading stocks is that you are not supposed to use high margins.. in this case you should not use more than 3X However, there is an advantage that you can use to take advantage of this stock NFLX . You can see that if you look at the chart There is a coming earnings report. This is a strategy I learned from Tim Sykes its called earnings winners.. Now it doesn't always work but when it does you will see a gain..a gap if the gap doesn't happen then you can still hold it as an investment but Ideally, a gap should happen. I am guessing it's based on the market reaction to the CPI reports. Right now the stock market is in a recovery mode and so in this earnings season you are going to see gaps like no man's business This stock NFLX is one of them gaps you are going to see now again it might or it might not happen either way you can hold as an investment This is called the rocket booster strategy it has 3 steps: -The price has to be above the 50 EMA -...