We hear from many different people that today's markets are notoriously difficult to trade because of a lack of volume and follow through.
It is true that the market today is completely different than the one many people became accustomed to in 97-2000. However, that said there is no doubt in our minds based on what we see, that opportunity to make money still exists EVERY SINGLE DAY !! It is just a question of being able to adjust to what the market is doing. We recently received the following question.
Hello,
Is it possible to filter your alerts by volume? For example, I would only be interested in channel breakouts in high volume stocks over $15.
Thanks,
MM
I thought this question was important because it is a good start.
This gentleman is looking for a tool that can show channel breakouts in high volume stocks. But you can take it a step further with our alerts. You can look at channel breakouts in high volume stocks that are also trading above average volume for this time of day. The min current volume filter on our system is specifically designed to help with this type of anemic market.
The point I'm trying to convey is that we are constantly trying to give our users opportunity to spot moves in stocks that are following through, no matter how "bad" the overall market may be.
Even in the worst of times someone is making money ;-)