Stock Trading

[B][Hi gang! Im employing a slightly different trading strategy that anyone can use. Trading large cap stocks with nice ATR's (average trading ranges). Dont let the stock price scare you off! With these stocks you only need 100 or 200 shares to make a nice return!
PCX http://stockcharts.com/h-sc/ui?s=PCX...546&listNum=23


I have buy and sell points clearly marked with red & green boxes. These buy and sell points are "called" by the SloStochs indicator, I also back this up with the PPO graph. Sometimes you don't have to flip out according to PPO, but you can maximize profits by crossing the PPO & SloStochs.
At the first green box I have on the chart say you bought 200 shares at $9.50, and sold at the 1st sell point $12.75, you would have realized a $3.25 profit or $650 before fees. Not too shabby for about a 10 day trade. Trade #2 in at $11.25 exit at $13.50 for $2.50 or $500 profits. Trade #3 in at $11.50 and exit at $14.25 for $2.75 or $550 profit. Trade #4 in at $12.50 and exit at $16.50 for $4.00 or $800 profits. Trade #5 in at $16.50 exit at $20.50 for $4.00 or $800 profits. Trade #6 in at $15.00 exit at $20.00 for $5.00 or $1,000 profits. In just 6 months you could have realized $4300 in profits trading just this one stock, all off your original $1900 investment. I will post more of these type of ranging stock plays, some of my favorites, as time permits. Please feel to ask me any questions you have when Im in the chat room. Good luck and Happy Trading to all!![/URL]/B]

Mr.freeze Thanks for sharing. Very interesting post I will be following this one.