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Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?

To: puppyb who wrote (13897)	12/26/2015 12:35:08 PM
From: coferspeculator	Read Replies (1) \| Respond to of 14340

hi puppy every buying decision should depend on whether the odds are favorable enough to produce a reward that is at least two times better then the risk . . . three times is much better than two . . five or more is the best . . if you sell with a trailing 10% stop loss you'll need to know at what prices the stock's odds will be favorable for repurchase . . assume the stock rises 35% and then pulls back from its highs by 10%, a very normal reaction, and you sold it . . then it rises100% but you didn't buy it back hoping to do so at a more favorable price . . . you'd miss out on the type of performance which counts . .