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Tuesday, December 14, 2010

How I timed LCB


No FA, no news, No Fear, just pure price action. You can profit against the best traders. Nobody will force money into your pocket, must trade on your own. Even if you buy in an uptrend, as long as you watch for danger signal, you can profit. Pockets change, but the market never change.

Quote from private mail:

Re: Finance Manila Technicals

Sent: Thu Sep 23, 2010 7:25 am 
From: tracer 
I have no problem buying stocks like the recent LC

Re: Lepanto LC/LCB 2

Sent: Sun Sep 26, 2010 12:48 am 
From: tracer 

I have no problem buying an active stocks, since we can buy and sell it at any price. 


Sent: Sun Sep 28, 2010 02:00 am 
From: tracer 

almost similar to last years run. Maybe another run next year

Re: Lepanto LC/LCB 2

by tracer Sep 23 12:48pm

"If you have timed the movement correctly, your first commitment will show you a profit from the start. From then on, all that is required of you is to be alert, watching appearance of the danger signal and let your profits run.. " Livermore


2 comments:

Anonymous said...

bro, sa LC ko lang di sinusunod ang trend following rules ko. Pababaan kasi ng cost dito eh. Si Lolo pa... hehhee

About tracer said...

as long as comfortable ka with LC, ok iyan.