lowtrade

[lowtrade]

SEBASS

From your post I think you said your looking to invest short 6 months to 1 year and like finding bottoms. I'll keep that in mind when responding to your posts.

My style is mainly short 2 week swings or long swings 2 months. So I only have to perdict out 2 months max. If I feel that looks attainable and I enter on TA buy confirm indication, I go to business plan mode and trade on numbers.

Way different style. I'll have to think like you, if I want to help you use TA & chart patterns to reach goals. As I said, I would stress financials & sector more in your style. Earnings reports, Q filings & is the sector hot, NOT good.

Then use 6 month charts not 3 month like I do. With longer term indicators, to find longer term patterns. But fall back to my short term indicators for entry/exit.

PS; PRs are short term motivators and should be weak in evaluation the future. Meaning don't fall in love with what you think will happen because of this PR or that PR. Look if the company financials are improving because to execution on the PRs. Also would add using stop loss orders, but try to stay away from the American, becasue they have a rep to pick low hanging fruit. And often stop loss orders are closed between trades, with no change in bid/ask.