Learned a secret rule of Thumb: WHEN UNCERTAIN AND CRIPPLED BY DOUBT, GIVE YOUR 6 TO 8 MONTH MARKET OUTLOOK. It only takes 2 to 3 workable techniques to rise to the top of this game we call trading. Knowledge is power, but only if it is the right knowledge. Develop a plan, find a mentor who will teach you, and NEVER SURRENDER. When the trader should strike, WHERE THE TRADERS should place his protective stop, and WHAT the trader should look for in the trade. This 3 to 5 day decline typically sets up a unique opportunity for the educated swing trader. Stocks experiencing a great degree of momentum tend to correct ( or Rest) for 3 to 5 days before they resume their upward moves. WHAT METHOD DO YOU USE TO PICK YOUR STOCKS? Our approach is a technical one, it is based on number of very reliable chart pattern that represent key short – term shifts in market psychology, Charts are the footprints of money. Day trading is not investing 85% of the trading game is psychological in nature. TOOLS AND TACTICS FOR THE MASTER DAY TRADERĮCN = ELECTRONIC COMMUNICATION NETWORK Successful trading is the art of finding an idiot.
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