Trend Follower: LPZ Batchoy 2

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Wednesday, January 26, 2011

LPZ Batchoy 2

Actually green signal was last Jan 25. problem was volume only 635,000, yesterday was 6.5M from Deutch regis. As I have said I will take risk when I see foreign buying, now we have volume and number 12 in the most active list. Just do not forget your stops,

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Tracer's Trading Rules

1. No Set up, No Trade

2. Plan your stops before entering a trade

3. Let you profits run

4. Never argue with the tape

5. As soon as your price move in your favor, increase you stops.

6. Always be on the look-out for danger signals.

7. In a losing streak, take a vacation.

8. In a winning streak, add more.

9. 3 rules you must always follow, 1. cut-losses, 2. cut losses and rule number 3. cut losses.

10. I do not have targets.

11. Keep Learning. The market is constantly changing. No strategy works forever.

By following these rules, you have limited risk and unlimited profit potential.

Wednesday, January 26, 2011

LPZ Batchoy 2

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