Tuesday 17 July 2012

The Higher The Market The Shorter The Trading Term

I think it is important to know that as the market goes higher, the risk is getting higher too. And so we should trade stocks in a shorter term bases (Short term means between the month latest not more than two months). Cup-with-Handle Trade seems to be the way to go.  

The cut loss point is short for Cup-with-Handle. Any change in market condition, we are out. The losses are kept in minimum. 

My watch list for Cup-with-Handle so far are : 
BIRHGT
MKH 
PWROOT 
REDTONE

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