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

To: gulleyjimson who wrote (52383)	12/22/2005 11:01:37 AM
From: TATRADER	Read Replies (1) \| Respond to of 59879

5 RULES OF THE GIZZARD TRADER 1.Have a plan before you enter a stock, follow the plan 2.Always set a stop after entry 3.Never hold a loser overnight 4.Follow a winner with a trailing stop 5.Don't overtrade! If there is nothing out there on a particular day, that meets your trading criteria, take the day off....When you overtrade, you lose money.... Simple rules, but if you don't follow them, you will never make money on stocks under $12.00.... My favorite way to make money on gizzards still are bull poppers or drop shoes...Basically, a bull popper(like Haup) recently is a strong stock that pulls back, and you catch the bounce...A drop shoe is one that drops to an extreme, and you catch the bounce.... If anyone sees any bull poppers or drop shoes out there, let me know and I will TA them for you.. Mark