Replies to post #109729 on WEALTH UNIVERSITY

[spottrader]

Great recommendation GF, outstanding. Since I ve been here...charts are like my native language now.

[VERAX]

I can sure validate what you said about news! A couple of weeks ago I sold out a position in BEE. Goldman issued an upgrade on BEE. I panicked and bought 1K at 1.50. It promptly fell back to I think 1.20 where you entered! What a lesson thank God on only one K. I then added 4K and another 4K at 1.31. Things worked out. BUT I will never again buy on a STOCK UPGRADE!!! Buying on dips and charting is really the best way to minimize exposure! IMHO LESSONS LEARNED, Don't hold over earnings! Don't buy on Stock up grades!

[VERAX]

What great advice. I've found that I don't worry about trying during the first 30 to 45 minutes in the morning because nothing is settled. Most gaps close and market direction is not certain either. I also like buying late in the day as well. I like that because it allows me to sell on a gap up or it allows me to exit with out a round trip if things get ugly! What great advice!

[IHUBfan]

GF, thanks for this post, it helps me a lot. I was looking at the charts for SRZ and SUSQ. They both look almost the same. Are they? Thanks