should you really wait for support??

Quote from xelite777:

I have already said too much.

But I do hope that one day you will finally understand that trading is not about catching mega trends or being right about the direction of the market, it's all about making money at the end of the month/year.
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Excellent. :cool:
 
Stocks that are high go higher.

Strong stocks do not have pull backs.

Buy right and sit tight! A lot easier said then done... Put in a stop and/or profit target and wait till the end of the day.
 
Quote from Visaria:

Xelite's post is excellent because it captures the reason why we trade.
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It captures 'a' reason why we trade. But there are many different ways to trade,and I seriously doubt any trader is comfortable or expert in all of them. There's no conflict between catching mega trends and making money, unless one is just naturally inclined to be against trend trading. Some traders are. Different strokes for different folks.
 
Quote from kut2k2:

It captures 'a' reason why we trade. But there are many different ways to trade,and I seriously doubt any trader is comfortable or expert in all of them. There's no conflict between catching mega trends and making money, unless one is just naturally inclined to be against trend trading. Some traders are. Different strokes for different folks.
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That's a more sensible view
 
Quote from Visaria:

No, it pretty much captures THE reason why we trade. Looking for big trends or whatever are a means to that end.
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Yes but apparently xelite777 has a conflict with that. Why else belabor the obvious? Of course we trade to make money. Duh! The point is finding the trade method that best suits you. The OP stated his preference but apparently xelite wants him to go another way. Why?
 
Quote from kut2k2:

Yes but apparently xelite777 has a conflict with that. Why else belabor the obvious? Of course we trade to make money. Duh! The point is finding the trade method that best suits you. The OP stated his preference but apparently xelite wants him to go another way. Why?
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Good question.
 
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