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

To: Findit who wrote (59167)	10/9/2007 7:14:18 PM
From: lexi2004	Read Replies (1) \| Respond to of 59879

Jim...DORB....I typed most of the info on the chart due to the fact that I'm only able to use one screen now, so unless I write it as I go on the chart, I forget and have to keep looking back.:) Everyone has to trade the way they feel comfortable and what I do might not be meant for someone else. Having said that, I traded VG on the ramp and did quite well. I sold in partials. Now, let's say you do that with DORB...at the place where you find the first resistance sell a partial. If it goes down, you have sold some near or at the top. If it goes up, you have locked in profits and have more shares left to sell at the higher amount. Be sure to watch volume. When volume seems to diminish, that often means the momo in it is drying up, so IMHO that would tell me there could be a target there. At www.pristine.com Oliver Valez tells people that the professional trader is one who tried to make consistent gains. He says don't go for the highs and lows, instead take the meat out of the middle. He says if you do that in the long run you'll come out ahead. He always says to sell right before a previous high for there are traders who maybe bought at that area and rode it down and when it gets to be their price again they get out. So, all different ways to do things. I did a chart for I like a visual to go by. It helps me to understand things better. If you don't understand my chart, I'll be glad to explain. Lexi