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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Probart who wrote (28989)4/22/2002 3:43:18 PM
From: Rashid Garuba  Read Replies (2) | Respond to of 59879
 
And you bet those brokers will be recommending DROOY at higher prices.. Actually most of the financial system and economic systems are paper based so most brokers would rather precious metals went away..



To: Probart who wrote (28989)4/23/2002 7:38:42 AM
From: TATRADER  Respond to of 59879
 
Probart, I agree with you 100%...No one understands your money and where it should be placed better than you..No broker will ever be able to give you the attention, you give to your individual stocks...Most stock brokers missed one of the greatest opportunities to make money the past year, by avoiding gold stocks...They did it because of perceptions and fundamentals, not because of technicals...The technicals spoke and we gizzards listened, and we came out marvelously...

In the last few years, I have found out about myself that when I hold a stock too long, I invariably lose money on it...Kind of like a roller coaster, watch it go up, and then ride it down,down,down...I made a commitment to myself to never let that happen again...
1.I will always set stops
2.I will sell any stock that moves against me, immediately after entry...If you didn't time it right to begin with, GET OUT..
3.I will try to only spend a short-time in each stock, just riding the momentum or the reversal until it hesitates.....
4. I will only stay in a stock 7-10 days, when it has a super pattern, and I bought it at the base of its pattern, or low point of its trading range..

Indeed, I may be wrong on gold, but that doesn't mean, I can't ride the momentum on the next upmove or still buy an oversold reversal...I have not made 300% on DROOY and other gold stocks the past 4 months, but i have made 150% in my trading account, and am very happy with that..Guard profits, don't ever give them back...

GO GIZZARDS! DOMINATE!