Replies to post #3923 on 3rd Leg Trading

[Levronefullblown]

Yeah. I learned a few things myself.

1.never day trade using stocks from yahoo biggest gainers (lost lots) because support usually becomes the resistance. Some might do close to if not a full retrace.
2.best to wait for a stock to be oversold then buy ideally.
3.dont invest in bk companies, even if it looks promising at beginning, things can quickly change.
4.never sell for a loss unless you know the company is going under. Always have some money left to avg down when it stabilizes.
5?swing trading seems to be the best for me. (Medium term)

I dug myself a hole. I'm going to hold what I have till the end though. I knew the high risk reward when I went in. I figure with bpzrq dunrq I'll keep following the news. One day they will be gone from my ticker, and I'll either have extra funds or I won't. Either way I'll eventually work my money back and when I do invest again, I'll do it properly.

[douginil]

I am not sure about Levronefullblown or hinchback but your recent posts have been helpful. Especially the link to Stockcharts.com. Keep you comments coming, we can always do our own DD on the stocks you mention and proceed from there. This is not a game of "The guru says ..."