Trading Leaders/Laggards

D

dvshucks

Hey, I'm pretty new and am trying out a few strategies. Could someone tell me anything about trading Sector Leaders/Laggards. How do you know when to buy a laggard? If the laggard falls off hard, should you instantly short the leader? What kind of industry is this successful with? Any ideas are appreciated, thanks.
 
when the market is oversold and halts at a support level, and begins going up off support, get into stocks like KLAC LLTC MXIM for the rally.
today nasdaq comp found support at its low of 7/25 (10day/5min chart) around 1690.
trade the oversold rallys only until you know more.
 
Quote from dvshucks:

Hey, I'm pretty new and am trying out a few strategies. Could someone tell me anything about trading Sector Leaders/Laggards. How do you know when to buy a laggard?

****After leader BO's, start a pro rata volume tab on the laggard. The laggard will come off the recent low volumes it maintain by a factor of 3 to 4 in the first two hours after the open. When that happens you have about an hour to enter the laggard before price begins to move. Use a 30 min fractal.

If the laggard falls off hard, should you instantly short the leader?


****Try to focus a little. The leader falls off before the laggard. I may be possible that you do not have a clear definition of leader and laggard. All sectors have them.


What kind of industry is this successful with?

*****All. by doing sector analysis you8 can get fairly far a head of the herd. IBD has the best setor classsification set and they renk quite well and they keep a great score card you can use on an excel spread sheet.

Any ideas are appreciated, thanks.

** Do some reading in How to Make Money in Stocks. Underline too. do not try to use this stuff until you are fairly profitable.
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Quote from dvshucks:

Hey, I'm pretty new and am trying out a few strategies. Could someone tell me anything about trading Sector Leaders/Laggards. How do you know when to buy a laggard? If the laggard falls off hard, should you instantly short the leader? What kind of industry is this successful with? Any ideas are appreciated, thanks.
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I don't give investment advice.:cool:
Excellant example,
NYSE airline stocks to downtrend with SPY, assuming they are in that index.

Study all time frames,especially with major moving averages.

Not in CSCO now ;
nevertheless has been strong and long stock, strong sector & strong QQQ. Study.
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'In all labor there is profit''-Solomon-trader king
 
I was actually looking more for how to plan out my intraday strategy for leaders and laggards than for current trading ideas. thanks
 
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