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Berger: My Best & Worst Trade of 2014
With the 2014 trading year coming to an end, we at TradingFloor.com are taking a moment to reflect on the highs and lows from the past year.
In a year of substantial growth for in US equities, Serge Berger, better known as The Steady Trader, recalls that his best call of the past year was maintaining a long position on momentum stocks. Serge states that the rapid growth of these stocks was a little nerve-wracking as talks of a bubble were omnipresent; however, having the discipline to maintain his position in momentum stocks proved to be a profitable lesson for Serge. At the time, his viewpoint on large cap stocks was not as optimistic. He called a cap on the market, which experienced a correction back in October. A rally to the upside followed the correction, contrary to his bearish outlook.
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01:31 minutes
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