Relative Strength (RS) is about measuring a stock’s value relative to an index or other base market. (Note: Wilder’s Relative Strength Index, or RSI, measures Relative Strength within a symbol, not to the market). Relative Strength can show which stocks are currently beating or lagging the market.
Ed's RocketTrade Method is based on a new discovery that his driven his personal investing account up by a margin of 74% since November 2020.
What Ed discovered is that Relative Strength is not a number. Rather, it’s an evolving quantity that starts increasing on a stock and as it does so, pulls more institutional buyers in. Recently, this “feeding frenzy” has resulted in some phenomenal gains, with some stocks appreciating 100% - 200% or more in a short period of time.
Solid, Accumulated Relative Strength candidates can be found in any market – you just need the right tools to find and trade them. And that’s what my RocketTrade Method is all about.
January 29, 2021
Trade update: I just hosted Session 1: “Finding the Rockets” on Thursday. At the end of the session, I applied what we learned – LIVE – to quickly find 8 Longs and 8 Shorts, which we placed for Friday’s Open.
As of EOD Friday, the account is already up 1.2%! And that was WITHOUT using any Margin.
February 2, 2021
Trade update: Greetings! As of this morning, Tuesday, the account is already up 3.4%! And that was WITHOUT using any Margin.
Looking forward to having you join me for Session 2, today, “Watering the Garden”.
RocketTrade Session 2