Crash Trader Greg Roy And His Crash Trading Strategies
Online, August 11, 2011 (Newswire.com) - S&P 500 and the DOW Indices lost hundreds of points on the recent down grading of the US debt rating from AAA to AA+. This downgrading of the US debt rating has made the markets nervous all over the world. Most investors are running towards the safe havens of gold! Gold prices have reached an all time high of $1700 per ounce. If this nervousness in the market continues, gold prices can reach as high as $2500 per ounce or even $3000 per ounce.
These market crashes are not some isolated phenomenon. During the last seven months, we have seen two flash crashes and two mini crashes. Now, in times like these when the stock market shows high volatility, investors and traders tend to stay away from stocks considering them dangerous to hold. But not Greg Roy. He has been profiting from this high level of volatility in the stock market using his amazing crash trading strategies. Greg Roy, a stock market trader says that there are only three things certain: Death, Taxes and more Market Crashes!
He says that this volatility in the stock market is going to stay and is not going to go away. According to him, extreme volatility has been the defining characteristics of S&P 500 Index for the last 12 years. He has been trading stock market crashes for the last 25 years. He profited from the stock market crash of 1987 famously known as the Black Monday.
In the stock market crash of 2008, he made a gain of 13,400% on a $100 trade. According to Greg, as soon as this October, the market will dive off a cliff. According to him there is no better time than now for you to take a short side strategy towards the market. The idea of a new stock market crash makes him giddy with excitement as he sees those 13,400% trades heading his way again. He has even developed a method that crash proofs your portfolio. He calls it the instant crash recovery trade!
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