RE: RE: RE: Advise for a Newbie
Sparkle... I have been beaten into submission. If I have green I dump it. If I see red I buy it.
A little more sophisticated than that but not much. Been reading charts a little to see if I Can spot trend reversal and all that stuff. Don't like buying tickets on rocket ships these days because they never seem to get out of the atmosphere before they crash and burn. So when it breaks through upper bollinger I will SELL and I look for something pushing the lower band or has busted through the lower band. Obviously use a little more insight than just that.
But ya' other than WesternZagros I am completely in cash. Wake up early, check oil and gold and nat gas which seems to be entering the R.I.P. zone, and try to determine a trend for the day.
Nimble as hell on getting the Stop Loss in and keeping it moving in a safe distance to the tick... nerve racking but fun when you make a couple of grand in day - 5% on capital in the game.