I like to trade breakouts from the classic cup and handle formations on a trending stock. EG VDSI few days ago. Treat the cup as a pullback & buy early in the consolidation if I feel good with the trend and the market in gereral or I'd wait for confirmation of the breakout instead
this reply is childish...sounds like written by a teenager. Not constructive or helpfull at all. Seems like you've got quite an ego as well. Sorry...I forgot you've found the Holy Grail.
Show me the trades where you've 100% in 3 mths. I guess that's 25-30% per month compounded?
I too have made great swing trades of 20-30% once and a while, not consitently, although they seem to be all around us lately.
But I had to subtract some losses as well. I guess one could say they...
Hey detective...you might as well go stand in front of a train saying "please god help me, this train has got to slow down sooner or later! " Shorting winning companies like these is the same thing.
It's like getting into the ring with Mike Tyson when he was at his prime and praying..."please...
The tape only shows the sentiment of the stock based on past fundamentals. What about earnings releases or when a stock is about to get downgraded or when a good company issues more stock or dilutes its market cap. These fundamentals do not show up on tape until too late and can and will blow...
Most of the serious, professional traders come out in the good threads...check out the rescent EDGE? thread. They skip these FLUFF/NEGATIVE/NOTHING TO ADD/NOTHING GOOD TO CONTRIBUTE type threads!
"Trading with an edge is what separates th professionals from the amateurs. Ignore this and you will be eaten by those who don't" .
An edge in trading is an exploitable statistical advantage based on market behavior that is likely to recur in the future.
To find an edge, you need to...
I think your BASHING right now...I love this site....Keep up the good work. Remember little goys & girls, if you can't say anything good then don't say anything at all. That's what makes this site great and right now this thread is on the wrong side.
don't need hocus pocus...just trade the chart u see backed with a little fundamentals. Look at the garmin chart, what do u see.
Look at the past news, what does that tell you. No one can predict the future but this is as good as it gets.
Fundamentals...look at the last news release & others past.
This company puts out several positive news releases per month...like most leaders and winners do. News driven stocks...that's why the chart is soo gooood!! Statments are very well supported and not a waste of time...this company is...
in Recovery mode, making new highs & higher lows! Now's the time to buy...got beat down with other financials but with zero subprime exposure and tremendous income growth! Good buy!