should you really wait for support??

Discussion in 'Trading' started by wwatson1, Jan 4, 2014.

  1. Visaria

    Visaria

    Excellent. :cool:
     
    #41     Jan 6, 2014
  2. What's exellent?!
     
    #42     Jan 6, 2014
  3. Visaria

    Visaria


    Xelite's post is excellent because it captures the reason why we trade.
     
    #43     Jan 6, 2014
  4. Stocks that are high go higher.

    Strong stocks do not have pull backs.

    Buy right and sit tight! A lot easier said then done... Put in a stop and/or profit target and wait till the end of the day.
     
    #44     Jan 6, 2014
  5. kut2k2

    kut2k2

    It captures 'a' reason why we trade. But there are many different ways to trade,and I seriously doubt any trader is comfortable or expert in all of them. There's no conflict between catching mega trends and making money, unless one is just naturally inclined to be against trend trading. Some traders are. Different strokes for different folks.
     
    #45     Jan 6, 2014
  6. That's a more sensible view
     
    #46     Jan 6, 2014
  7. Visaria

    Visaria

    No, it pretty much captures THE reason why we trade. Looking for big trends or whatever are a means to that end.
     
    #47     Jan 6, 2014
  8. kut2k2

    kut2k2

    Yes but apparently xelite777 has a conflict with that. Why else belabor the obvious? Of course we trade to make money. Duh! The point is finding the trade method that best suits you. The OP stated his preference but apparently xelite wants him to go another way. Why?
     
    #48     Jan 6, 2014
  9. I have a feeling that you my friend are going to go far, very far, in the trading business.

    Keep up the good work :)

    http://www.youtube.com/watch?v=R8y6DJAeolo
     
    #49     Jan 6, 2014
  10. dbphoenix

    dbphoenix

    Good question.
     
    #50     Jan 6, 2014