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The most effective way to stay out of falling markets is to not trade during the 1st hour and to only purchase a stock on strength. (When it trades above the previous high, or above the high of the day if the previous high was broken during the 1st hour.)
Today we will be looking for entry this afternoon:
ALWAYS USE TRAILING STOPS!
Good Luck and Happy Trading!
WallStreetWarriors.com
Disclaimer: Short-term and day-trading is very risky. Past performance is in no way indicative of future results. WallStreetWarriors.com assumes no responsibility for your trading results. All the information provided is for educational purposes only and should not be construed as investment advice. The opinions and research provided within these pages are based on historical data and are deemed reliable.
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