This is a 'semi-passive' strategy, where the trick is to be passive when the market is trending and active when it’s turning. We must be able to sit tight in our chosen ETF for years and not be spooked by every bit of negative news. On the other hand, we have to be prepared to close a position we've held for ages without getting too attached to it.

The Tidal Strategy is traded with a monthly chart, so it's really a form of 'technical investing'. Our entry and exit decisions are based on clearly defined signals, rather than company financials or macro-economics. Institutions and large money managers tend to use strategies like this.