Doug Sutton, Sector Analysis with BetterTrades

Doug Sutton believes in teaching students how to find the stock sector that's moving and jumping on for the ride. He teaches students how to use sector analysis with several strategies, including the Chicken Trade and credit spreads. Doug can show students conservative strategies that can be used aggressively, as well as aggressive strategies that can be used conservatively.

Back in 1996, when he sold heavy equipment, BetterTrades coach Doug Sutton would come home after a 12-hour workday, sit down at his desk, and look for a better way to make a living and support his family. He faithfully looked for those answers every night, often past midnight.

This was the pre-Internet days and Doug had to rely on a charting service that provided 9,000 stocks to examine on a floppy disk. Doug would go through the list of candidates, one stock at a time, by hitting the space bar over and over to refresh the screen. It was an arduous process that never seemed to end. One night, about the time he was ready to throw up his hands in frustration, Doug had an epiphany that changed his life. He realized that stocks with similar products or services could be grouped into sectors and that those stocks usually behaved in the same manner.

Doug threw himself into sector analysis with energy and focus. Now he's happy to pass along his knowledge to others who want to learn how to trade the market.