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Strategies & Market Trends : Ted Warren's Investolator

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From: Investolator20245/10/2024 8:59:45 PM
1 Recommendation

Recommended By
investolator2000

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Long-term base breakouts on monthly charts tend to = big moves. As you can see with CALM after breaking out of a long-term triangle base in 2003, it proceeded to advance 783% in a matter of months. A short-term trader would need about 12 straight 20% gainers compounded to equal that return which is almost impossible because of all the small losses a short-term trader has to take (that add up) due to daily chart setups being significantly less reliable than monthly chart setups. Short-term traders have to put in a lot more work to even get the same results and usually make less money (if anything at all). Investolating = less stress and more money.
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