GREY:ADEXF - Post by User
Comment by
VENManon Mar 29, 2012 6:57pm
158 Views
Post# 19736184
RE: RE: the price
RE: RE: the price Don't be sorry Maplak, the more trades you make the more you will learn. Always take the time to Study your trades. Its the best and only teacher. Its the only way you will learn and develop style. I never sold any AXI last year when it ran from 25 cents to 93 cents because i study my trades. What i found out is two things. That 1) when i sell out of a stock completely I never buy back in and 2) when i sell a portion of my stock position i somehow never get my original position back. I seem to always have fewer shares then when i started. Thats why for my style of trading buying and building a position works. Learn from your trades Bro, good luck
Right Now i got AXI coming out of a lower box and forming a trading range in a new higher box thats from 31 to 41 cents. If i got tired of holding this thing day in and day out i would sell when it pops out of its box. So on a close of 30 cents i would sell and move on. If AXI trades over 41 cents to close say at 43 cents with a low of say 36 cents then a new higher box would be formed and a sell would be in order on a close of 35 cents. As long as AXI trades within its box I would hold even for months just to see if a new higher box can be formed. We all have our ways. Good luck to all