11-02-2011, 08:24 AM
Read this and it really hits my philosophy in today's market.
<!-- m --><a class="postlink" href="http://www.marketwatch.com/story/the-easy-money-has-already-been-made-2011-11-01?link=kiosk">http://www.marketwatch.com/story/the-ea ... link=kiosk</a><!-- m -->
Keeping it Simple:
1. Do not trade individual stocks
2. Focus solely on the stock markets
a. Dow
b. S&P
c. NASDAQ
d. Russell
3. Conduct a simple technical analysis of the markets.
4. If support is tested buy the long ETF with a stop just under support.
5. Sell when a decent profit has been achieved.
6. Go to cash and do it again.
<!-- m --><a class="postlink" href="http://www.marketwatch.com/story/the-easy-money-has-already-been-made-2011-11-01?link=kiosk">http://www.marketwatch.com/story/the-ea ... link=kiosk</a><!-- m -->
Keeping it Simple:
1. Do not trade individual stocks
2. Focus solely on the stock markets
a. Dow
b. S&P
c. NASDAQ
d. Russell
3. Conduct a simple technical analysis of the markets.
4. If support is tested buy the long ETF with a stop just under support.
5. Sell when a decent profit has been achieved.
6. Go to cash and do it again.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi