Tide Coming In, or Going Out?

Jordan Kimmel  |

"If you can determine if the tide is coming in or out- you are ahead of the game as an investor…
…if you could time the waves you can be a great trader"

We know if we could time the tides of the market like sunrise and sunsets we would be rich beyond imagination. Because we can’t, we can use the tier system. Think of the tide as a trend. Think of the waves as mini-moves. You need to think in terms of “expected” lengths of trends- knowing the trend is your friend. Also realizing that trends end when everybody is on board and it looks easy.

Using the tier system allows you to stay involved in the full move, but reduces your risk. Just a couple of these positions can be life altering. It also keeps you from piling in or out at the wrong time, and also keeps you from hesitating at the wrong times.

Learn from your mistakes, and successes! Examples recently are Crocs, Inc. (CROX), IDT Corporation (IDT), Take-Two Interactive Software, Inc. (TTWO), RPC, Inc. (RES).

*DISCLOSURE: Long CROX, IDT, TTWO, RES.

This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by T3 LIVE or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Visit the T3Live Homepage, Virtual Trading Floor, and Learn More About Us.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer.


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