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Re: None

Wednesday, 04/08/2015 11:30:53 AM

Wednesday, April 08, 2015 11:30:53 AM

Post# of 41155
*EDIT INSIDE* A chart lesson Dennis. Added material, since you may be too slow to fully understand. I may have over-simplified it for you.

I want to make sure you understand, to give yourself BREATHING room and not set your stop-loss and buy triggers TOO close. Give yourself some BREATHING room.

I circled in green, the FALSE breaks, so you could get an idea of how much breathing room to give yourself.

Win some, lose some. Win big, NEVER lose big.

Aka, set a stop-loss! It's okay to lose a little bit! You'll get them next time champ! People pay for this kind of information. You're welcome.



So like I said, You just DON'T understand what charts are USED for. Realizing that charts can help you,a nd not just tell the past, is the HARDEST lesson in the stocks to learn.

NO! You won't predict close prices. (it's fun to try)

NO! You won't not the rise/drop percent for the end of day, the next day, or next week.

YES! Charts can be used to help you make money, help a lot more than the average person who will blindly gamble away their money, only to NEVER enter the market again!

I'm seriously done with the lessons. If you don't understand, after I broke it down so simply, you're a lost cause. You just think charts do something different than what they're meant for, and I want you to realize, how they can properly be utilized.

*EDIT*

I added a profit chat for you Dennis. So you can see that no, the profits aren't buying at the bottom, selling at the top, BUT the profits ARE there.



PS, this is on a bullish trend like we had here. It's an EXAMPLE. NOT THE ONLY TOOL.

NOT A TOOL THAT WOULD BE USED IN EVERY SITUATION.

YOU DECIDE

As RB says, No lifeguard on duty!

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