tarheel,
thanks a lot for sharing this. what would you say your success rate is? i don't care about dollars and cents; just profitable trades versus losing trades, period.
i use technical indicators in some cases and not in others. honestly, most of my successful trades lately have been in uranium stocks that seem range-bound. example: pnp.to is a buy under $3 and then i sell when i feel i've made enough or if it runs for three days straight or something of the sort. same goes for mga.to under $2. they are wicked volatile, which makes them fun :).
my success rate in the past two months with uraniums using the above logic is precisely 12:3, so a factor of 4-to-1. granted, some trades netted me close to nothing because i bought in a little too soon, but in black and white terms, those are my results. the best part is i like them long-term, so when a trade becomes an investment (if you know what i mean), i'm content to own more anyway.
thanks in advance,
craig.
