StockFetcher Forums · General Discussion · Timing<< >>Post Follow-up
carolynandjoel
30 posts
msg #36852
Ignore carolynandjoel
7/11/2005 10:21:08 PM

Dear Fetchers,
I am totally new to this site (thanks to GLGene for telling me about it). However, I have a major problem with trading the market. That is, I never know when to get in. I read that one must trade WITH the market. But when the market goes up, I always think it is near its top. When it goes down, I assume it will go down more.

The question: Do you folks worry about the overall market or do you just trade what you screen on StockFetcher?

Thank you, Carolyn


BigOh
23 posts
msg #36853
Ignore BigOh
7/11/2005 10:35:35 PM

Are you trading the market or a stock?
Each and every stock in the market has different people playing the "other side" or your trade. I would select your picks, follow your rules and generally watch the market for a general mood. When people are buying your picks (long) will usually go up much faster and the same holds true when people are selling. I use the general direction and attitude of the market to help me in determining whether to be aggressive or hold back some.


TheRumpledOne
6,358 posts
msg #36871
Ignore TheRumpledOne
7/12/2005 1:25:48 PM

If you understand support and resistance then check out my BATTLELINES filter post.

This further divides the area between the lines into a "gridiron" aka football field and allows you to know who has the ball.




StockFetcher Forums · General Discussion · Timing<< >>Post Follow-up

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