SwingTrade Member Forum

[BuzzOnDaBeach]

Second key, protect your capital in several ways:

1. If a key support level breaks, SELL, and SELL FAST. Know what that support level is when you buy and be DISCIPLINED. Compare ma's and channel lines so you know you have a strong support area.

2. DO NOT let money sit dead for too long. If a stock is drifting aimlessly, it usually drifts down. Unless you are a strong believer in the company and MORE IMPORTANTLY, unless you don't think you can get back in cheaper, you should probably err on the side of caution. It's tough enough to make money in this market without having capital tied up to the dog tree.

Buzz