I have another question. Since the all index trends are down, should we long individu ...
ranchgirl 发表于 2010-6-8 23:35
Market trend is down. You should follow it. Why? Because 顺水行舟 is much easier 逆水行舟. Shorting a stock is just as easy as long a stock. I do not suggest 2x, 3x inverse ETFs, they are for day traders. Try stocks with easy chart pattern. I give you two stocks bebe and mbi. You can study their chart pattern. I use them as my trading vehicles. I buy them when price closes above 10-day MA, and short them when price closes below 10-day MA.
Market trend is down. You should follow it. Why? Because 顺水行舟 is much easier 逆水行舟. Shorting a stock is just as easy as long a stock. I do not suggest 2x, 3x inverse ETFs, they are for day traders. Try stocks with easy chart pattern. I give you two stocks bebe and mbi. You can study their chart pattern. I use them as my trading vehicles. I buy them when price closes above 10-day MA, and short them when price closes below 10-day MA.
ypm968 发表于 2010-6-9 01:19
I will research on them! Huge thanks!
Actually, I have already written a program to select stocks according to your SMA(10) rule, but I have not really master the usage of it, therefore, I have not really practiced on it.