Replies to post #200 on Penny Stocks: Anatomy of a Trade (fka TOAST)

[Vendit]

test



Reid

[sarals]

Thanks for the graph and analysis. My mistake was having the stochastic at the default of 15-5-5... which I have no idea what it means. I checked ClearStation, as that's where I first starting looking at stochastics, and it looks much more like your version. Could you explain what the settings mean? Should I always use 5-3-3 or does it vary on stock or circumstance?

Sara : )

[Ruellit]

Reid when you say, "Rule number one; If you make an entry under 10 and the black line begins to rise as will the stock price........never second guess whether or not to exit your position if the black line forms ANY degree of an angle or bend on it's way to 80 on the upper part of the scale.
" are you saying never second guess, just get out or sell?

muel <ggg>