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Strategies & Market Trends : Charts for Bottom Breakout
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To: Stroke who wrote (2538)6/1/1999 6:14:00 PM
From: Ed Huang  Read Replies (1) of 3105
 
Stroke, Generally speaking, once you want to trade the
market's near term movement, you need to make full-time
committment to follow the market and capture the price
and timing. Of course, you want to follow the active and
good probability chart pattern stocks to avoid wasting
time. I don't use Level II, I'm playing the market with
handicap. But I plan to have Level II on my screen.

I seldom trade BB stocks. But I believe many brokers let
customers place limit orders on them. I think you need
to wait until the ask price move to your bid price level
to get your limit order filled. Just ask the other guys
who trade BB stocks often to have a better idea.

Good trading.
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