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"buy low and sell high"

  • #1
  • First Post: May 5, 2013 11:32pm May 5, 2013 11:32pm
I often hear and read " buy low and sell high "
how do you determine " buy low and sell high "
are you willing to give an example with a chart

THX. S.C.
if there is something you should keep secret,simply just save it,, so, just
  • #2
  • May 6, 2013 4:23am May 6, 2013 4:23am
Quoting sandycarrot
I often hear and read " buy low and sell high " how do you determine " buy low and sell high " are you willing to give an example with a chart THX. S.C.
If only it was as easy as " buy low and sell high " often quoted by range traders
Same as sometimes you will see "Buy high, sell higher" quoted by break-out traders.

There is no point in adding a chart because these movements are easy to see with hindsight.
Picking tops and bottoms in real time is a totally different matter.

In a bullish market, I will trade retracements, when the PA is suggesting that the retracement has run out of steam. I won't try to catch the exact bottom, just looking for a trade with a high probability.
Please Do Not PM Me With Coding Enquiries
  • #3
  • May 6, 2013 4:26am May 6, 2013 4:26am
the number of these "buy low and sell high" traders is extremely low...

unless we are gifted, there is no way we can catch that exact moment when price turns back into opposite direction, without losing some pips in the first place
back... and more dangerous.
  • #4
  • May 6, 2013 7:14am May 6, 2013 7:14am
Quoting sandycarrot
I often hear and read " buy low and sell high " how do you determine " buy low and sell high " are you willing to give an example with a chart THX. S.C.
This is just a forex quote. We don't know what is low and what is high. Because only market can decide that. I would rather like "Trend is your friend" quote.
  • #5
  • May 6, 2013 7:36am May 6, 2013 7:36am
Quoting kbp
the number of these "buy low and sell high" traders is extremely low... unless we are gifted, there is no way we can catch that exact moment when price turns back into opposite direction, without losing some pips in the first place
//---

hey kbp.... .... your correct.... catching that 'exact moment' when price turns must be near impossible.... it's not something that appeals to me....

my preference is just to let it turn first and then blast it with trades.... below you can see current audusd chart.... what you can't see is the almost 20 trades that have closed so far this week.....

many people try to over complicate trading with all these mind burning rules and statistics..... it can be such a simple process..... buy low and sell high......h
Attached Image (click to enlarge)
Click to Enlarge Name: audusdmm15.png Size: 86 KB
to trade and code, keep both simple... no call to impress....h
  • #6
  • May 6, 2013 12:48pm May 6, 2013 12:48pm
Buy low, sell high - one of the basics and on the charts, all brokers will list a few sample charts but OTH, you can look up baby pips, they do a better job of providing the basics, with charts and explanatory notes..
  • #7
  • May 6, 2013 1:09pm May 6, 2013 1:09pm
Just use 4h chart and add zigzag indicator to it and you will know where is a top and where is a bottom. Then place your orders at top and bottom with TP and SL. It seems easy but need some patience.
  • #8
  • May 6, 2013 2:19pm May 6, 2013 2:19pm
Well anything less would be a failed trade would it not?
Time hides Nothing
  • #9
  • May 6, 2013 7:51pm May 6, 2013 7:51pm
This quote "buy low and sell high".
Means if we follow the quote, we are always in the right direction of the price.
Just ignore me. Thanks.
  • #10
  • May 6, 2013 8:23pm May 6, 2013 8:23pm
Quoting hayseed
{quote} //--- hey kbp.... .... your correct.... catching that 'exact moment' when price turns must be near impossible.... it's not something that appeals to me.... my preference is just to let it turn first and then blast it with trades.... below you can see current audusd chart.... what you can't see is the almost 20 trades that have closed so far this week..... many people try to over complicate trading with all these mind burning rules and statistics..... it can be such a simple process..... [url="http://www.youtube.com/watch?v=jAah6sn0FHI"]buy...
thx for the chart, I expect that others also include chart,
THX THX THX
S.C
if there is something you should keep secret,simply just save it,, so, just
  • #11
  • May 6, 2013 8:27pm May 6, 2013 8:27pm
Quoting Gumrai
{quote} If only it was as easy as " buy low and sell high " often quoted by range traders Same as sometimes you will see "Buy high, sell higher" quoted by break-out traders. There is no point in adding a chart because these movements are easy to see with hindsight. Picking tops and bottoms in real time is a totally different matter. In a bullish market, I will trade retracements, when the PA is suggesting that the retracement has run out of steam. I won't try to catch the exact bottom, just looking for a trade with a high probability.

Can you explain / elaborate about Picking tops and bottoms with chart
THX. S.C.
if there is something you should keep secret,simply just save it,, so, just
  • #12
  • May 6, 2013 8:30pm May 6, 2013 8:30pm
Quoting CindyXXXX
Well anything less would be a failed trade would it not?
sorry, i don't get your point,
S.C.
if there is something you should keep secret,simply just save it,, so, just
  • #13
  • May 6, 2013 8:36pm May 6, 2013 8:36pm
Quoting Gumrai
{quote} If only it was as easy as " buy low and sell high " often quoted by range traders Same as sometimes you will see "Buy high, sell higher" quoted by break-out traders. There is no point in adding a chart because these movements are easy to see with hindsight. Picking tops and bottoms in real time is a totally different matter. In a bullish market, I will trade retracements, when the PA is suggesting that the retracement has run out of steam. I won't try to catch the exact bottom, just looking for a trade with a high probability.
what do you mean by "" I won't try to catch the exact bottom""
Can you explain / elaborate it
THX. S.C.
if there is something you should keep secret,simply just save it,, so, just
  • #14
  • May 6, 2013 8:43pm May 6, 2013 8:43pm
Quoting sandycarrot
{quote} sorry, i don't get your point, S.C.
Well if you bought low and sold lower, then you just lost money

Buy wholesale, Sell retail

What is wholesale? That is for you to figure out.
Time hides Nothing
  • #15
  • May 6, 2013 10:07pm May 6, 2013 10:07pm
Quoting CindyXXXX
{quote} Well if you bought low and sold lower, then you just lost money Buy wholesale, Sell retail What is wholesale? That is for you to figure out.

Buy wholesale, Sell retail

anyway, THX cindy
S.C.

You remind me of my idol Cindy Crawford






Attached Image
if there is something you should keep secret,simply just save it,, so, just
  • #16
  • Edited 3:31am May 7, 2013 2:27am | Edited 3:31am
Quoting sandycarrot
{quote} Buy wholesale, Sell retail anyway, THX cindy S.C. You remind me of my idol Cindy Crawford {image}
Um.. ok.. What is it about me that reminds you most of Cindy Crawford? .. Just curious!

*slap left *slap right... Stay focused...

(if you're still confused) If you wanted to make a profit by buying and selling a car, then how would you go about it?

It's the same principal.
Time hides Nothing
  • #17
  • May 7, 2013 4:13am May 7, 2013 4:13am
Quoting CindyXXXX
{quote} Um.. ok.. What is it about me that reminds you most of Cindy Crawford? .. Just curious! *slap left *slap right... Stay focused... (if you're still confused) If you wanted to make a profit by buying and selling a car, then how would you go about it? It's the same principal.
slap left *slap right... Stay focused...
auw, ...hua..ha.ha..ha..
THX for your soft slap
S.C.
if there is something you should keep secret,simply just save it,, so, just
  • #18
  • May 7, 2013 4:27am May 7, 2013 4:27am
Quoting sandycarrot
{quote} slap left *slap right... Stay focused... auw, ...hua..ha.ha..ha.. THX for your soft slap S.C.
*hard slap

Inserted Video


= ) ..focus
Time hides Nothing
  • #19
  • May 7, 2013 7:33am May 7, 2013 7:33am
Quoting CindyXXXX
{quote} *hard slap http://www.youtube.com/watch?v=8j0eqZKTjpk = ) ..focus
grasp it mum
S.C.
if there is something you should keep secret,simply just save it,, so, just
  • #20
  • May 8, 2013 5:46am May 8, 2013 5:46am
I personally prefer to buy high and sell higher. Solid fundamentals plus solid performance in the stock means you will always be paying higher than had you bought it last month, but the probabilities of it going higher is even better.

When looking at stock charts notice how the stocks will continue moving up for 6 months. I like to jump on in month 2.
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