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Sirpeter

02/15/14 1:10 PM

#65209 RE: swing_trader #65202

My chart is simpler than anyone's... I look at the consolidation, RSI, MACD and history of previous runs. If I'm confident with what I'm holding, I wait until it goes back to the 50 and buy the crap out of it. If it goes lower, I buy more. On average, I wait 2 or 3 months for the next run. I just wait it out...I sell my entire position when I make enough profit. I don't sell at the top because I don't know where it is. This kind of trading has been working for me for 3 yrs now.