It’s no secret that a choppy market can rob traders of their hard- earned gains.
Anyone with market experience will tell you that scalping meager profits from a market with no easily identifiable trend is an effective way to drain your account. Between whipsaw moves and commissions, it can be more profitable to sit on the sidelines. But if you do find a particular setup that you can’t ignore, you have to fine-tune your entry to maximize you trade’s potential for success. In this market, every penny counts. Don’t lose money on a perfectly good trade because you bought at the high of the day, only to be stopped out as the stock consolidated its gains. Instead, learn how an experienced trader stalks a new trade and buys at the best possible price... Before I share the three simple rules to trade quick breakouts, you have to understand the following: all stocks, regardless or share price or market capitalization, exhibit similar trading patterns across all time frames. Whether you are looking at a weekly chart or a one-minute chart, support, resistance and breakouts all play out the same way as they would on a standard daily chart. This allows you to zoom in and out to find and exploit the larger and smaller trends that affect price movement. With that in mind, here are three key rules to pinpointing the perfect entry: 1. Avoid buying right when the market opens – I’ve listed this rule first, because it’s a quick, easy fix. All you have to do is avoid initiating a new trade during the first half-hour the market is open— it’s that simple. The time between 9:30 and 10 a.m. is chaotic. It’s when the market is searching for direction and emotions are running wild. That’s why it’s important to sit back and watch to see what develops. This will set the tone for the rest of you trading moves throughout the day... 2. After you’ve identified a target, find a consolidation point – Just as stocks rarely move up in a straight line on a daily chart, there will be lulls during a trading day where you can potentially get in on a fast-moving breakout without having to chase the stock. Early afternoon is a good slow period when breakout stocks tend to fall from their highs on lower volume. Look at a one- or five-minute chart to establish the high and low of the day and areas of consolidation, and make your trade. Over time, you’ll find this technique to be much more profitable than chasing the opening rip... Yg ke 3 ? --bersambung di sesi 2 -- Hehehe... (Sekalian aja dah) 3. Study the ideal patterns and profit – It takes experience to spot ideal entry points on a one-minute chart. Make it a habit to keep a real-time, intraday view of your next trade open on your computer during trading hours. Check it several times per day and note when trading is heavy and when prices make their sharpest moves. Soon, you will begin to spot the perfect intraday breakout set-ups. (Cuma copas sana sini, artiin sendiri ya. Moga moga ada yg bener) --- Sent from IDX tower 2 ------------------------------------ Kunjungi situs http://www.info-saham.com untuk informasi seputar saham. SEMUA POSTING DI MILIS INI TANGGUNG JAWAB PENGIRIM EMAIL DAN BUKAN ADMIN MILIS. SEMUA POSTING DI MILIS INI BUKAN UNTUK MENGAJAK MEMBELI ATAU MENJUAL EFEK. SETIAP KEPUTUSAN INVESTASI MENJADI TANGGUNG JAWAB PIHAK PEMILIK INVESTASI ATAU PEMILIK MODAL. [email protected] untuk berhenti dari milis saham [email protected] untuk bergabung ke milis saham Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/saham/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/saham/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
