S. A. have just begun to understand why things move the way they do....after 4 years...I believe pps movement is 90 % in the chart.... .some say NOT...but I believe it is all there if you can grasp what you are looking at...you can draw lines from point A to Z & use other indicators & hit those points of interest without drawing those lines of conversion...the market is fascinating to understand...I love it
some DON'T like BB stocks...I believe it's because they don't understnad what is going on...they don't know how to read a chart...like I was last year..affraid to invest in BB stocks...now it's all I invest in
I use zig-zag indicator to tell me future pps movements...and...able to tell why past pps movements were made I have watched several excellant chart analysist on I-HUB & have taken some of what they do & incorporated it into my own style I stumbled onto the zig-zag indicator after playing with several indicators. S.A. can not say it is 100 % sure thing...but works for me I use other indicators as well....zig-zag indicator plays a good part of what & how I do it...but use other indicators as well...would not relly on one single indicator for stock analysis...if you do...you are setting yourself up for a fall IMVHO
S. A....here is a little history on my trading told to DA
DA...thank you for the kind words My sell signal went off on UDTT...left some money on the table...but...another day another dollar...I like to leave some monies for the guy who bought my shares...don't want to be greedy...know what I mean
A little history on my trading For the last 4 years I lost money in April of last year I pulled all my monies off the table would NOT trade till Oct. of '06
all that time I was watching those on I-HUB trading watching their styles of trading...how they were trading didn't say much...just watched...didn't even paper trade began asking questions to simple,DA, freto, dart1961, 4Godnv & others watched them charting
started making a little monies off AMEP by the charts...admitingly...really didnt know what I was doing...beginig to understand..but NOT why
about a month ago it all fell in place...I can now look @ a chart & tell what & where it is going
cha-ching
ps..If you believe that last sentence I gotta bridge to sell yah....lol
although it has gotten better DA I am NOW making money doubled my monies since first Jan. '07 again......thanks for the kind words
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.