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>> better strategy<< Actually, I agree. That is pretty close to how I make my living on daily basis. I just do not recommend it to most folks, because you just have to already know in your heart that it is right for you. I succumbed to greed, yesterday, setting buy limit at 22 1/2 (missed) and sell at 26 (missed), but came oh so close. When I say I can wait months, I mean I am trading it regularly for that time expecting the bias to be up. For me, I actually have made as much money on APM slide as the climb. I ate some crow recently, in at 38, out at 36, in at 34, out at 32, etc. But my losses are small compared to profits, so I am still full of vinegar. Chop, chop, choppiness ahead. I'll gladly take my balogna a slice at a time. : ) |
