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Re: noretreat post# 77472

Monday, 11/10/2014 12:31:23 PM

Monday, November 10, 2014 12:31:23 PM

Post# of 405212
Well said.

"Thing is, an investor should do what a stock calls for. In some cases it is buy and hold (or buy and pray!). Sometimes a stock that is prone to wild swings of market emotion SHOULD be traded on the technicals. On these stocks it is often as easy as trading the RSI. Even long-term holds can be successfully traded a couple of times as the company grows based on overall market and industry conditions. Trouble is, traders get caught up in the emotion as well and break their own rules."

I know more than a couple. They are currently very active. The vast majority of their trades are in companies that are fundamentally sound and anticipate growth. Why, because they want to derisk the trade as much as possible. As you know, TA properly used, is another way to derisk by evaluating the odds in favor of the trade. Flexibility is needed because things change. As you stated well, "an investor should do what a stock calls for".
What befuddles me is why individuals must continue put it in either or terms.
To use TA without FA support is to do the opposite of looking to derisk the trade.

Be Green

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