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Strategies & Market Trends : WR's Momentum Trades

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To: ChrisJP who wrote (9415)2/23/2001 12:37:07 AM
From: Bernard Ng  Read Replies (1) of 11130
 
EVOK has been resisting the overall market tankage these few days... congrats. Chris!! OTWO, the stop loss function is there... why don't you use it on every trade? LOL... just teasing ya! I learnt some more profit taking methods lately... good to use it for both daytrading and swingtrading... the fibonacci part took me 2 hours to understand it... the methods are designed for people who can't take the stress in trading, and want to be pure mechanical. Don't need to know L2 either... and I say screw it, why would I want that precise and mechanical... and why would I want to plug in numbers to calculate the price target everytime?.. nevertheless, the methods are very interesting in terms of math and growth pattern.

Bernard
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