Mohacsy's Safe Portfolio Member Forum

[dexprs]

Tyson:
Many stocks have a pattern that will recur time and again. But you should know their beta(see below), and your time frame for trading a stock. I would suggest a five year chart and then you will have less trades and bigger moves, also, many false signals will be spotted. I look at the weekly on a five year chart, most of the time, especially in a portfolio where there is a long time frame until part of the money is needed.

If a stock has a beta of 1.0, it indicates that its price activity is strongly correlated with the market. ... For example, if a stock's beta is 1.2, it is assumed to be 20% more volatile than the market. Technology stocks and small caps tend to have higher betas than the market benchmark.