Rick has over 30 years of experience in the investment business. Over the past few years, he has been specializing his skills in using technical analysis and algorithms to develop day-to-day trading strategies which assist him in the timing of his financial decisions.
One of the keys to his success has been seeking out extreme conditions in the action of stocks. Using those extreme set-ups has guided him in initiating long and short positions based on trading algorithms that he monitors for these extreme set-ups. When a stock is at its most extreme overbought condition, it will be flashing between 99-100 on his Extreme Set-Up scale. And when it is at its most oversold condition, the stock will be flashing between 1-0.The Extreme Set-Up process is a non-emotional trading process that maximizes trading profits with minimal daily trading risk.