Dumb and Dumber Stock Buying Strategy

By: readtheticker | Mon, Jan 16, 2012
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Dumb and Dumber Stock Buying Strategy

This is the simplest formula there is to buy stocks. Seriously its not hard, yet many fail to follow it.

On a weekly chart:

Identify higher highs with higher lows, buy when price pullbacks are mild (or not greater than 10%).

That is it. Of course millions of smart folks screw this up. This rule is the back bone of buying correctly in the stock market.

Taking profits or getting out the market. Well that's a little harder. Using stops is always considered smart.

Review chart...

Gann Swing

 


 

readtheticker

Author: readtheticker

readtheticker
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We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors.

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