Stock Trading - Head And Shoulder Pattern?

100% success depend upon your personal knowledge and experience in the stock trading ,specially in required stock.

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http://www.chartpatterns.com/headandshoulders.htm

first of all it is superior by way of forgetting approximately it. there's no trick or gimmick to make money interior the inventory industry. in case you do something like this and it quite works, then it is momentary and intensely fortunate. the difficulty would be understanding while to stop and while your approach is not working. some undesirable quarters would desire to wipe out any previous successes because you're coping with a touch beneficiant 10% provide up and you will in all probability in common terms be seeing a million to 5 p.c. will enhance in 2 months. in case you have lot of three p.c. gainers, and a million/2 as many 6% losers then you quite're at 0, minus paid out commissions. in case you prefer to diminish back attempt it locate out while the previous 500-1500 shares have been extra and then locate the inventory value for that day. locate each and each inventory value 2 months later. assume $one thousand in each and each corporation. whether it is properly worth under ninety% of what you paid then take the ten% loss and much less because you will have the provide up shrink set-up. ingredient in all losses as much as ten%. Then upload up each and all the rewarding shares after 2 months. you could examine the checklist too see which shares the place dropped and regulate all the properly, yet once you in common terms examine and see that it is on the checklist 2 months later then no prefer. Out of those 500-1500 companies you will have began with $one thousand in each and each corporation so 500,000 to a million,500,000. in case you have greater suitable than a 2% p.c. earnings on your money then it is in all probability a valuable approach. Do you already know what I advise ? besides, I quite doubt this would teach to be a potential approach, you apart from would would desire to ingredient in short term capital effective properties and buying and promoting commissions, that can get costly finding on how a lot money you're coping with.

I don't have a success rate, its a nice pattern when it works, buy low on the second shoulder and if the stock doesn't hold support, sell. if it does, let it run...

Hi ... 100 % in my opinion ...but the move is depend on many other factors too ...because technical analysis is covered by a vast field and there are so many indicators and other issues too ...tol effect the price move ...I have included some of them here ...

http://dhanvarshagrp.blogspot.com/2010/01/earning-...