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


To: mph who wrote (43122)12/10/2003 5:28:36 AM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
I tend to run in streaks when I trade...I am now back on with another streak..
MY problem as a trader is that I trade too much...I don't wait patiently for the best setups to evolve...At times, I think I have to trade every day...I don't have to do this to make a lot of money...When I make mistakes, it is because I am grabbing a momo that already has had a strong day one or day two move...When I do this, I am setting myself up for defeat...When I play pullbacks, or stocks sitting beneath an identifiable pattern (neckline) I have a very high percentage of success...
A trader must know his own psychological weaknesses and overcome them..Will keep you posted on the AS watch list...I gave three picks to keep an eye on for pullback bounces, believe they were HMSL,PQUE,and FIBR...

Regards, Mark