Volatility: It's the longest four-letter word on Wall Street or in investor's minds. It's evil, it's devoid of value, and it's our enemy!
Or is it?
By now, you know I believe volatility is a trader's best friend. That's right, in my Ten Commandments of Trading, No. 8 states, "Volatility is a trader's best friend."
And if you're still in doubt, what I'm about to show you should prove once and for all that there are no profits without it.
Take October, for instance.
October is the gateway to what is normally a generous period for the market. The catch? The markets can be very, very choppy.
Let's take a look…
About the Author
Chris Johnson is a quant - he's obsessed with building and perfecting mathematical models that allow him to predict, with startling accuracy, the direction of the markets, entire sectors, and individual securities. For the last year, he's been researching and building a new system that lets him move swiftly in and out of the hottest stocks in the market for life-changing gains - entirely on his own terms. The results of his newly-minted Night Trader system are nothing short of amazing.
Chris also contributes to Money Morning as the Quant Analysis Specialist.