The Determined Trader

Wednesday, January 02, 2008

10 Ways to Improve Your Market-Timing

10 Ways to Improve your Market-Timing

great read.

#10 Read the Tape: The numbers on your trading screen are far more important than the pretty pictures they draw on the charts. Memorize key levels on your favorite stocks and then watch what happens whenever price approaches one of these inflection points. Yes, tape-reading takes years to learn, but it gives you a lifetime edge, so it's worth the effort.

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