THE GOOD AND THE BAD:- NOT ALL COUNTERS CAN BE TRADED PROFITABLY, SO BE MORE SELECTIVE. DON'T TRY TO CATCH TOPS AND BOTTOMS AND FOLLOW THE TREND, THE TREND IS YOUR FRIEND UNTIL IT BENDS. IT IS SELDOM (NOT NEVER) PROFITABLE TO BUY WHEN THE TREND IS BEARISH UNLESS YOU ARE SURE THE REVERSAL IS NOT A CORRECTION BUT A CHANGE IN TREND, AND WHO CAN BE SURE UNTIL PRICE MOVEMENTS CONFIRM IT. DON'T JUMP THE GUN!
CAVAET: PLEASE NOTE THAT THE CHARTS DO NOT REPRESENT AN INVITATION OR RECOMMENDATION TO BUY OR SELL ANY SECURITIES OR STOCKS. THEY ARE NOT TO BE TAKEN AS “INVESTMENT ADVICE”. THEY ARE PURELY AND STRICTLY FOR MY PERSONAL USE AND STUDY ONLY. NEITHER THE AUTHOR NOR ANYONE ELSE INVOLVED IN THIS BLOG WILL BE LIABLE FOR ANY LOSS, DAMAGE OR LIABILITY DIRECTLY OR INDIRECTLY CAUSED BY THE USAGE OF ANY MATERIAL(S) IN THIS BLOG. TRADE AT YOUR OWN RISK.
Friday, 15 March 2013
Performance of Last three lists - The good and the bad.
THE GOOD AND THE BAD:- NOT ALL COUNTERS CAN BE TRADED PROFITABLY, SO BE MORE SELECTIVE. DON'T TRY TO CATCH TOPS AND BOTTOMS AND FOLLOW THE TREND, THE TREND IS YOUR FRIEND UNTIL IT BENDS. IT IS SELDOM (NOT NEVER) PROFITABLE TO BUY WHEN THE TREND IS BEARISH UNLESS YOU ARE SURE THE REVERSAL IS NOT A CORRECTION BUT A CHANGE IN TREND, AND WHO CAN BE SURE UNTIL PRICE MOVEMENTS CONFIRM IT. DON'T JUMP THE GUN!
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