chart, page-7

Hi Guys
thanks for the critique..and the Fundamental Facts...


We are seeking to trade around these fundamental milestones.

What I believe bobadah has done is alude to the volatility inherent in this sector.

This Chart post was aimed at persons interested in and with an assumed basic charting knowledge.
As such I suggest that you may not be aware of the volatility implcations that this poses to chartists.


There are basic trading rules that apply to both FA and TA pundits
establishing an achievable stoploss figure before entering a trade is one of them.
I use several methods, for this post I will refer to the one on the chart..It is a trailing stop which factors in the preceding volatility ranges...
anyway you will see that It is still most tradable..given one would take a smaller position in such spec trades as the current method has a high (over 10% stop trigger)
"2% rule of total capital risk on one trade is the rule of thumb".
cheers.

Heres the closing trade at .115
while thats the highest close for over 12 mths it wasnt on convincing volumes..imo

these high % tick regions are notorious for day trades and it may well range sidewards a while...

PS for metastock users:
http://www.tradernexus.com/advancedstop/advancedstop.html