With so many trading combinations at our disposal, how could you possibly know what the best pairs trade to take is? Or even the best way to implement it?!
Don’t worry, folks. That’s why I’m here…
As the name implies, a pairs trade is an approach that involves coupling a long position with a short position in two stocks with high correlation. It uses statistical and technical analysis that lets traders find potential profits during virtually any market condition.
I’ve collected information and data on the best pairs trade to take right now, along with tips on how I’d carry out the trade and some basic terms you should understand.
On Sundays, I block out two to three hours to complete my stock market research for the beginning of the trading week. I look at analyst ratings to see what they are saying about particular sectors, stocks and companies.
I typically look at stocks like Bank of America Corp (NYSE: BAC), Goldman Sachs Group Inc. (NYSE: GS) and JPMorgan Chase & Co. (NYSE: JPM).
What I stumbled across yesterday is cool, and something I don’t typically talk about.
It’s called a Pairs trade (or linked trades).
Either way you look at or call it, you’re simultaneously buying a strong stock and selling a weak one. That’s all there is to it, folks.
Since I’m always coming up with new ways to make my readers more money, I’m giving away the best pairs trade setup right now.
Not only will it help you take advantage of the current market cycle, but also the investment behavior of people during the COVID-19 climate… and teach you how to use relative strength in your trading.
Watch today’s video and then leave a comment below, sharing your thoughts on pairs trading. Have you ever implemented a pairs trade before, and what were the results? Did you like the trade I just walked you through? Does it seem like an investment you’d like to make?
P.S. News on the street is there’s a historic broadcast airing soon… and what’s going to be revealed could change everything you thought you knew about trading.
But not everyone is thrilled about this…
You see, WealthPress Trader Jeff Yastine got word that, moments ago, someone tried to infiltrate an exclusive report to expose a $15 trillion tech breakthrough that could make millions of Americans rich…
…It’s a new tech that threatens to bring the 5G rollout to a screeching halt.
So we must protect this broadcast and report from any further sabotage attempts at any cost.