Dr. Chris Kacher talks to Steve Pomeranz about his time at Bill O'Neil & Company, the current challenging market environment and trading strategies including the Pocket Pivot buy point and market timing.
He talks about his passion for the markets and how you should "immerse yourself, heart, mind and soul, into the pursuit of understanding how the markets work and developing strategies that will, over every market cycle, help you come out ahead".
Use Pocket Pivot Buy Points to buy stocks near the lows of price consolidations.
Trying to catch the proverbial "falling knife" as a stock streaks to the downside is certainly a difficult proposition for any stock trader...However, there is a way to use Pocket Pivots to buy stocks not too far off their lows once they have stabilized after a pullback or correction and begin to "round out" the lows of a possible new consolidation or "base" as we refer to it.
Read the full article here.
