Trading Strategies

Gambling on whether a company’s stock will soar or fall on one single day works sometimes, but recently, I figured out the best way to play earnings season.

The bottom line is, are we making money? Not how well-thought-out or well-researched a trading strategy is, but is it making money?

Price is what matters. A prime example of this played out in the public’s eye recently, as Bill Ackman, a famed activist investor, failed miserably.

Short-term trading — holding stocks for weeks or, at most, a couple months — has the potential to increase wealth quickly.

If you’ve ever felt bad about a poor decision, just think of famous investor Bill Ackman’s recent decision to throw in the towel on Valeant Pharmaceuticals.