Loading...The strategy of The Chartist Newsletter has evolved over the years, but its basic approach to the market remains the same. Founder and Editor Dan Sullivan explains, “We do not make predictions or pretend to have a crystal ball. Instead we let the market be our guide. If we are wrong we simply get out of the market and wait for a more opportune time. And while we are quick to sell off our losers, we part with our winners very slowly. This approach might not work for everyone, but it has certainly worked for us.”
The Chartist is unusual because of the thousands of investment advisory newsletters published in the U.S., only a few follow their own advice with real money on the line. Sullivan is highly critical of the so-called “hypothetical portfolios,” contending that they are out of touch with the real world.
Dan Sullivan’s investment strategy is dictated by an iron-clad discipline: profits are allowed to run, losses are quickly cut. And, he uses relative strength for his stock selection process.