Quote:
Originally Posted by waddy41
anyone doing a self directed rrsp?
what is your strategy?
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Hey Waddy, I am with RBC direct investing.
Strategy used to be buy fundamentally sound company and hold since it's retirement plan but an older co-worker told me his simple strategy of reviewing and selling any stock under 18ema and buy any over if you like them. It's worked well for him and his reasoning is you will not get the top or bottom of moves but you will still profit with trend and be quicker than the institutional buying and selling.
gl