Louis V Lamb,
Well, I trade maybe once every 4-6 weeks, and figure that its easier to hit 4 singles than 1 home run. The market moves in long indentifiable cycles. My feeling is the "long"
is the key; short term its too easy to get faked out by minor reversals, bigger players, news, emotion etc. To the successful short term traders, I say congrats, One day I may be there too..
I don't have the stomach to play $20-30K for $1 in 90 min.
I want to take one of Dr Bobs TA classes, but I wanted to read up so I could start with the intermediate level class.
And hey, I haven't "made" anything yet as I haven't sold... I did sell some of my PVN on Friday, but a 6 month chart shows a big wedge off the $40 low with resistance at $60. If it busts through there, I'm gonna look pretty dumb when its $75... |
