Monday, February 19, 2007

Introduction

This blog will present many of the common technical patterns traders use when they employ technical analysis. Some of the concepts will be quite simple, while others will be more complex and deal with compounding ideas.

This compounding of related ideas and concepts is needed to come up with situations that give investors a greater risk/reward ratio. Taking new positions in investments where the upside and downside are equal is not good enough in order to have exceptional success. Exceptional success is finding situations where the upside potential of an investment is at least 3 times greater than the risk. These situations employed with targets, stop loss levels, and discipline, should help any trader or investor achieve his or her goals year after year: no matter what the over all market performance.

Posts will be made three times a week using recent examples. If there are specific concepts or questions that any reader has or wants addressed; please leave a comment.


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