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Re: kittzelle post# 11344

Monday, 06/16/2014 6:59:07 PM

Monday, June 16, 2014 6:59:07 PM

Post# of 19859
I'm just a retail slob. I'm not very good at this. I spent years trying to do better and still screw up. You see I have some huge mental issue with moves that I can't justify with fundamentals somehow, but that is a mistake. In reality it doesn't matter why a price move happens as long as you get on the right side. Money rotation happens. Profit taking happens. The signs can be seen in the charts, one just has to recognize it. Buying at support. Selling at resistance. Oversold? Overbought? Volume? No fundamental reason for a move, but there was a signal right? No need to complicate it, but that is what I do. I feel the need to analyze it and analyze it some more. Meantime the move is happening... happened. At support now? Too late. Now chasing. Chasing increases risk. Could have kept it simple by buying near support and using a stop just under to not become a bag holder. Being a bag holder sucks. That is what happens when you complicate things. The very thing Kiy admonishes against. The very thing I so often do.

Well... enough. Thanks for the compliment, but be careful with what I post. I have a very chaotic mind and that last post was getting a bit chaotic. YHOO to solar? Solar? Did you see the signal? It was there. I missed it. If I want in now I have to chase. Could still go higher. There is room, but those pesky sellers are waiting overhead. They already bought and are looking for someone to give them their profits. Might be me. lol.
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