Pullbacks, Breakouts, Both or Neither

Discussion in 'Trading' started by traderaaa, Dec 1, 2005.

What Is Your Preference

Poll closed Dec 4, 2005.
  1. Pullbacks

    11 vote(s)
  2. Breakouts

    4 vote(s)
  3. Both

    6 vote(s)
  4. None of the above

    2 vote(s)
  1. I was just wondering what style of trading everyone likes to employ.

    I use both pullbacks in uptrending stocks and new breakouts with a variety of my own indicators and such thrown in to help me in my stock selection.

    It is always interesting to see how traders determine which pullbacks to trade and which to leave alone.

    This week has been really great for me using both. I had some great pullbacks to trade. But I am just catching up for lackluster performance earlier in the year.

  2. From the look of the market most people just buy stocks no matter where they are. Then chase them higher buying more all the way. Then, when they dip, which is rare, they buy more. Sellers are viewed as idiots and morons because they are goign to miss out on the unlimited upside that stocks are a lock to provide.

    What a country.