NTFU
One of our favorite strategies is the NTFU Strategy. This Strategy Complements our Momentum Day Trading Strategies. We apply the Reversal Strategy for both Day Trading and Swing Trading. The primary reason I like our Reversal Day Trading Strategy is because it gives us the opportunity to enter a stock very close to support. You may have heard the sold saying, buy low – sell high. Well this is certainly easier said than done. As traders we want to find the opportunity to take a position on a stock near a support level. This gives us a good place on the chart to set our stops. With reversal trades our stop is always very close because it will be at the nearby high or low of day. This means we almost always have a great risk to reward ratio. If we are risking $100 it is to make $200-300 or more. This allows us to trade with a percentage of success as low as 40-50% and still be successful. I’ve always believed this was important for new traders. Setting the bar low makes it easy to succeed!
