Disliked{quote} Sorry jmn5611, I can't agree with you here. Buying after a rise in price and selling after a decline is the hallmark of a novice and those types are the ones who fill the orders of big banks and institutions who are more than happy to do it for them. After all, who wants to have a trade involving high risk and questionable reward? Trading is more involved and requires an understanding of market micromechanics to be successful in the long run. These micromechanics are hardly complex but it does require using a brain. If there's no rational...Ignored
I am sure I have oversimplified the way I trade, but not by that much. My goals are simple, just stay on the right side of the market. I do not advocate buying after a rise in price. I advocate buying during a rise in price. There is a vast and great difference between the two. However there are people who need a lot of indicators to help them smooth out price so they can make sense of it. I certainly respect that.
If you are good at something, never do it for free--Joker