ASM 0.99% $1.00 australian strategic materials limited

ASM Chart Thread, page-10541

  1. 11,885 Posts.
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    I have set up the Stochastic entry cross of the dotted lines
    the top is set at + 70 sell , bottom cross of the -30 buy
    i have set the line at 70/30 instead of 80/20
    as the 70 will keep you in the trade longer if price is hot to trot and tick up on the +70
    the cross of the -30 will get you long at a good price..
    and if they turn back not much damage to the important money that laid out
    and still have money left to continue trading..protecting your money is number 2..no 1 is the entry
    good entry..hopefully you dont look back till it crosses the 50 mean, then + 70
    and of course if hot to trot it can play along up there for long time sometime and you can take your profit
    when you need to..whilst it is above the + 70
    you are not going to get the bottom or the top..but you should make money eod..
    and that is the name of the game..and you will live to play another day.
    anyway something else to watch
    once you get better at trading you will have built up a good bank and can enter early or sell early..
    all comes back to practise, and buliding of your bank..and not to be forgotton learn how to chart
    and how to read it.
    better to be a tortise then a hare
    enjoy
    ac


 
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