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Post# of 72979
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VERITAS77

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VERITAS77

Re: WayCoolJr post# 64275

Monday, 02/07/2011 5:42:41 AM

Monday, February 07, 2011 5:42:41 AM

Post# of 72979
The best strategy is: Learn CHARTING.
---------

I dont know how others trade, but myself- Im succesful 90% of the time when I stick to the charts.

Option trading is no different then anything else if you figure out one good method of trading that works for you as an individual.

http://www.amazon.com/Stikky-Stock-Charts-professionals-smart/dp/1932974008

Buy this book. It will be the best 10 bucks you spend concerning the market.

It makes you: walk through individual stock patterns...and you must accurately predict FUTURE PATTERN RECOGNITION/PRICE REACTION because of it.

Awesome and simple book.
BTW...
If your playing any options- only plan on a 5-10% move in the stock at max.
If your playing LEAPS (1-2 year options)... you may get a 50-100% move in the stock.
Which will give you a reasonable PRICE TARGET.

-VERITAS77

It is a puzzling thing. The truth knocks on the door and you say, "Go away, I'm looking for the truth," and so it goes away. Puzzling.

Stop by the ETERNITY board for a contrarian approach to all mattersof life

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