Replies to post #10292 on Simple's Green Room

[simplegreen]

Exactly...friniteshopper...you got it!...In the first lesson I used MA20 and I did so because so many traders watch it but in later lessons I will show how individual stocks have individual personalities and may find different MA values but that is another story.Suffice it to understand that NO STOCK has the ability to move itself up or down...the difference comes in the fact that humans are trading the stock..whether they are the traders,the market makers..or institutions..HUMAN intervention makes the difference in what seems to be the "personality" and habits of the stock in the way it trades.THAT is the reason I am a strong advocate of learning the trade behaviour of a relative handful of stocks and they will be absolute ATM machines for you.ALL stocks go through bullish and bearish cycles and when some of your permanent watch stocks will be going up while others are going down..ever notice that?A relative handful of stocks can provide a wise technical trader with a very good living considering that.Dont ever marry a stock..use it and lose it!..Come back when its pretty again...have a reunion...take your profits..move on and wait watchfully for the next cycle...Simple