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Can Flip Trading Consistently Add Alpha?

January 19 2017

Flip trading, or the process of repeatedly trading in and out of stocks over a very short time horizon, is a topic with widely varying opinions. 

Fundamental academia suggests that it does not add alpha reliably over time while technicians often make their living by either executing or suggesting flip trades. 

Those who follow my work know that I am quite skeptical of technicals and that my analytics are fundamental in nature, yet in this case, I am inclined to side with the technicians. 

When executed intelligently, I believe flip trading can consistently add alpha. Further, I believe this can be done without the use of technicals.

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