For those of you who are interested in an e-mail group from my first post, thank you. I just wanted to do a 2nd call for interested traders in this idea.
I will then compile a list of interested traders.
Just a quick summary on the concept.
I want to start a group of traders that are...
I am looking to put together a group of traders that have a passion for this living or hobby to help one another. Most of us know the golden rules of trading but can't seem to get over the hump. I have found that the tips and advise I give other people are sound!! For some reason I find it...
Price for sure. I agree that MA's are useful if used correctly. Stochastics Slow is useful if you use it the reverse way. When it passes the overbought threshold buy and use it as momentum.
Of course always be careful and manage your risk.
Smaller size and wider stops are hands down better.
Think of using an indicator called ATR (Average True Range).
This indicator can save your butt. It simply tells you how volatile the market you are trading is.
(GOOG) ATR is 16.84 where as (GE) is .82. This is there range/volatility...
So if you think trading is so easy?
Can you do me a favor?
Just post a quick line and let me know what your going to trade next and your exit strategy.
I would truly appreciate it since I live for trading.
We are here to help one another, right?
Regards, Stockjock223