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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Rashid Garuba who wrote (13928)2/4/2000 11:19:00 AM
From: stock talk  Read Replies (2) of 59879
 
Maybe the best piece of advice I can give my trader friends is, I have found it consistently more profitable to "stalk" stocks rather than chase stocks. Follow a group of stocks until you know them like the back of your hand, watch the money flow, learn the trading range, at the low end of the trading range when the stock starts to perk, enter, sell at the top end of the range. Repeat over & over. Requires allot more patience and doesn't give that instant gratification and buzz some of you gamblers are looking for, but it is more consistently profitable with a much better risk/reward balance.

Notice the king of the jungle the lion, lays in the grass and waits & stalks his prey, maybe that why he is the king.
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