recommended books, page-10

  1. 1,529 Posts.
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    Johno,

    The "friendly" advice re BLY was actually from a very experienced trader.

    All the charting go signs were there.
    200 day moving averages , crossovers, bollinger bands , etc,etc,etc.

    Now you have introduced a new rule.
    Stock has to be going up.

    One of dozens....you have to get them all right and consider everything.

    A real black box.

    I've tried it a few times but for me I lost money.
    The stocks didn't confirm and I lost money.
    Fool is me if I don't learn from that experience.

    Sorry guys.......It is all quackery



 
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