| Moderated By: charlie mcgeehan -- (Moderated) -- Started: 6/14/2004 1:24:21 AM Revision History |
this thread started as a place for me to record my trades properly, keep some watchlists and then assess the trade after the fact. i'm still going to do that, however it seems like some good people want to share their trading ideas and thoughts...what could be better than that. welcome to everyone.
buy the dips long and sell the rallies short...the surest way i know of making money in the markets. the trend tells you what to do(long/short), support/resistance tells you if you should do it, the price tells you when to do it and volume confirms the trade.
"I just wait until there is money lying in the corner and all I have to do is go over there and pick it up. I do nothing in the meantime. In essence, by not wanting to trade, I have inadvertently transformed myself into a master of patience. By forcing myself to wait until there was a trade that appeared so compelling that I could not stand the thought of not taking it, I had vastly improved the odds...." - James Rodgers