Spaf
Honorary Hall of Fame Member
imported post
Grandma (Pat)
We are also learning with you!
http://www.incrediblecharts.com/technical/trading_secrets.htm
Understand the market, set stops. We all make mistakes, but, the secret is bailing on unprofitability and trying to not ride the roller coaster to the bottom. Sellect a stop and trailing stop as the market goes bullish, when the market continues to go up advance your stops. When it goes down and hits your stops; bail. Conserve profits to play another day. Good advice, but not always easy to do. However, you got to have fun some way! Besides, it's only money!
Rgds!!!!Don't fall in the oil spots! Spaf
Grandma (Pat)
We are also learning with you!
http://www.incrediblecharts.com/technical/trading_secrets.htm
Understand the market, set stops. We all make mistakes, but, the secret is bailing on unprofitability and trying to not ride the roller coaster to the bottom. Sellect a stop and trailing stop as the market goes bullish, when the market continues to go up advance your stops. When it goes down and hits your stops; bail. Conserve profits to play another day. Good advice, but not always easy to do. However, you got to have fun some way! Besides, it's only money!
Rgds!!!!Don't fall in the oil spots! Spaf