On February 20, 2012, Deron Wagner presented a workshop at the New York Traders Expo, in which he discussed his general trading strategy. While at the expo, he was interviewed by MoneyShow.com regarding the three main types of trade setups he takes (relative strength breakout, pullbacks, and trend reversals). In this video, Wagner discusses the pullback entry, which is used to buy a steadily uptrending stock or ETF that was not entered on the initial Relative Strength Breakout setup. The strategy is explained in the following short (less than 3 minutes) video interview on the MoneyShow.com website:
Trading strategy – Never miss a high-flying stock trade (the pullback entry)
A video interview of the “trend reversal” strategy will be released on this blog in the coming weeks. As always, all comments, questions, feedback, and social sharing is welcome.