thanks for losing me money, page-23

Its not about predicting the future you dill and hoping for a one way ticket to the moon . There are several factors involved in establishing and implementing a trading plan that is suitable for the individual . Particularly if you are dealing with speculative stocks like VMS it is crucial to predefine an acceptable level of risk before entering the trade and then work out a backup contigency plan just in case things go beyond your initial expectations and that way you will be better positioned to deal with any suprise outcomes .
Form reading is an important componet and alot people dont spend the required time establishing strong foundations in this area , instead they spend considerable time on chatshops seeking consensus of opinion and further reinforcing their viewpoint through positive association and ignoring the signals and pattern of movement that is being generated by the market itself .