"One of the more esoteric aspects of trading is "pulse, or feel."
If you trade individual stocks long enough, you can acquire
a feel for the tape that goes beyond the charts, TA, and
the fundamentals.
It's a feel.
Some call it being in "the zone."
You reach a level to where you literally know, and can feel
where the stock is going, and when it's at a turning point,
or poised for a breakout.
It's not 100%, no one, or no thing - ever is. But, over time
and after many tests, and many successful trades based on
"feel"...you'll begin to trust it.
It's impossible to develop that "feel" for more than just
a couple of stocks. And what I do, is pick one, two, maybe
three at the most... stocks that have a little higher risk
profile, but that also have the upside potential to outperform
the index because they are over-sold, are recovering from
bad news, a downgrade, or some non-crippling event.
That's where I like to put my "mad" money." |
