Technical Analysis - Beginners Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis - Beginners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Richard Estes who wrote (9262)	2/13/1999 12:11:00 AM
From: Stuart T	Read Replies (1) of 12039

I have been investing for a few years, trading for about 5 months. Using MSWIN, TC2000 and Stockedge. I'm primarily doing position trading. A full-time job puts somewhat of a limit on intraday trading, although I check the market a lot. I try to plan a trade before I enter it. I write down why I got into the trade, what my bottom will be when I get out and a projection as to how high I think it will go up. For projections on the upside I usually look at a recent valley and project that amount to the topside. I also look at the current trend of the stock and try to project it forward. I question the accuracy of my profit projections (they don't always pan out) and end up taking profits too early (which isn't all that bad). While your suggestion would get me in and out it doesn't help me project a realistic price target before going in which may limit me from coming out too early. Since I can't watch the screen all day and some intraday moves can be substantial, I'm trying to find a better way to come up with an upside target. Thanks

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next