Thanks redsox.
Truth is, lowtrade deserves all the credit.
Below is something that lowtrade has stated many times, but it only started sinking into my little brain about 2-3 weeks ago. LOL
And boy, has it ever made a difference.
Posted by: lowtrade
In reply to: Slyhunter who wrote msg# 9704 Date:10/17/2007 3:15:48 PM
Post #of 10150
Learn chart patterns, enter/exit on TA signals. No chart pattern, no trade there. Try it, it helps.
Trading expectations, not projections with positive indications, are higher risk.
IMO it's easy, if the stock doesn't have a working positive chart pattern, don't event watch it for a positive DMI or 5,10,20MA entry signal.
That's stacking the odds in your favor. Tie this trading style in with profit targets twice your loss target and sell on targets always! Also increases the odds in your favor.