What is the term for this trading strategy?

Discussion in 'Trading' started by joshuaone, Nov 1, 2011.

  1. joshuaone

    joshuaone

    I am very much a novice investor. But I want to learn more. Please tell me the term for the following strategy, so I can read more about it:

    Invest in a few stocks that have a strong beta coefficient. Then, swing trade those stocks based on stock market fluctuations. Do most of my trades based on overall market trends, counting on these strong beta stocks to follow the market.

    Thanks for your help.