I realized how active we all are, this weekend. Sure sign of addiction. We all have been fighting this for so long, so many days... we have an impossible time giving it up. I wonder what that means sentiment wise.
At one point I'm going to look at some charts.
Sunday, September 21, 2008
Market addicts anonymous
Subscribe to:
Post Comments (Atom)
4 comments:
It's a "virtual trader's club".
It means we're glad to find someone else to talk to about stocks.
"We're not addicted, we can quit anytime we want" :))
I'll run those charts algn and val for you tomorrow, show you what I'm talking about.
So it's best to enter a trade after the direction has been confirmed, right? Not in anticipation of a trend. Got it.
You want to anticipate the trend...
but don't trade based on that.
You also have to put your money to work were where it's most effective. The fastest move on that 20 dollar stock will be from 23.50-20(it should take a week), the move from 25-23 will take a week and a half.
The trade is twice as risky and has half the ROI.
Post a Comment