Replies to post #33607 on Tytan Holdings Inc (TYTN)

[mkessler17]

He is getting paid by the MMs to knock the stock down. This is why he keeps posting. $3.00 bucks a pop I believe.

[dmlabuda]

You asked about becoming a better investor. When I first started investing, I made about as many foolish mistakes and anyone person could make in this business. The one thing that saved me was I bought a book titled The Secret of Selecting Stocks for Immediate and Substantial Gains by Larry Williams http://www.amazon.com/gp/product/0930233050/ref=s9_simh_gw_p14_d0_i1?pf_rd_m=ATVPDKIKX0DER&pf_rd_s=center-2&pf_rd_r=0707ZM1YT4J7ENVX0GBC&pf_rd_t=101&pf_rd_p=470938631&pf_rd_i=507846 After reading Larry's book, I was hoked on technical analysis and wanted to learn everything I could about it. The best book on Technical analysis today is this one http://www.amazon.com/gp/product/0735200661/ref=s9_simh_gw_p14_d7_i1?pf_rd_m=ATVPDKIKX0DER&pf_rd_s=center-6&pf_rd_r=0PXVR8G86R3W1NNMZVS8&pf_rd_t=101&pf_rd_p=470938731&pf_rd_i=507846 As you read through books on Technical Analysis, understand that as technology increases the ability to improve technical analysis also increases so, don't take everything you read as the gospel. I would encourage you to pick and choose technical indicator that seem to speak to you and make sense to you. If you can assemble a small set of indices that can be used to confirm each other, that is best in my opinion. I have also found it to be very important to look at the weekly chart, the daily chart, and the hourly (60-minute) chart and wait for all three charts to be in sync to make the best possible trading decision. The investment strategy that works best for me is swing trading. I no longer get married to a stock and hold it for the long term. I may continue to trade it for the long term, but I try to buy when it's oversold and sell when it overbought. In this way, I am assured of taking profits as I have them and then I reinvest those profits into additional shares in the same stock when it's time to buy again, in situations where I feel that is warranted. I believe that Tytan could become a long term swing trading adventure for me. Don't try to trade too many stocks at one time. Andrew Carnegie said you should put all your eggs in one basket and then watch the basket. I have found that to be great advise when it come to investing. Good luck to you!