Comments on: Momentum Trader Report: 07/15/09

By: anirudh sethi

anirudh sethi — Mon, 20 Jul 2009 06:21:15 +0000

Just visit my website and need word from your side !!

I update US STOCKS and track and analyse US MARKET INDICES

http://www.anirudhsethireport.com

By: Mo-Trader

Mo-Trader — Fri, 17 Jul 2009 03:59:00 +0000

Thanks for the comment Julie, its nice to hear from you.

1. No, I believe that all the information about a stock is in the chart. I don’t have the time or know-how to perform proper fundamental analysis. I rely on charts and IBD for that.
2. This is a good question, and I am still struggling with stops. Sometimes I use the chart pattern, sometimes I use the previous days low, and sometimes I use moving averages to tell me where to put the stop. Either way, I keep them tight and trail them as the stock moves in my favor.
3. Usually no. I like to plan my trades on the daily chart.

By: Julie

Julie — Thu, 16 Jul 2009 10:51:46 +0000

I would like to thank you for all your work you have posted up to date. Your site has been a great inspiration for me as a newbie in stock trading. I wonder if you could share your experience, i.e.
1. do you use fundamental analysis in picking candidates?
2. what is your stop loss criteria?
3. do you use intraday timeframe to determine your entry and exit?
Thanks again. Appreciate your feedback