FOREX Trading?

EternalEnigma21 · 01-21-2009, 04:00 PM

right now is a great time to invest. follow the CANSLIM method for picking, but keep in mind the weak economy will have fewer "cup with handle" charts and pick strong performers who are leaders in their fields or doing things others arent doing. I bought Ford for 1.12 on Nov 20th and sold it a few weeks later for 3.63. I basically tripled my money, and i was planning on waiting it out long term, but with a 52 week high of around 6 bucks, I decided to pull out and re-invest after they didn't get the bailout money.

Etrade is a pretty useful tool. IBD helps, but its like information overload sometimes. I'd stay away from currency markets because it's too much to keep up with.

01-21-2009, 04:00 PM	#5
EternalEnigma21 Assistant Regional Mod Join Date: Mar 2005 Location: Carbondale CO Age: 46 Posts: 2,958	Re: FOREX Trading? right now is a great time to invest. follow the CANSLIM method for picking, but keep in mind the weak economy will have fewer "cup with handle" charts and pick strong performers who are leaders in their fields or doing things others arent doing. I bought Ford for 1.12 on Nov 20th and sold it a few weeks later for 3.63. I basically tripled my money, and i was planning on waiting it out long term, but with a 52 week high of around 6 bucks, I decided to pull out and re-invest after they didn't get the bailout money. Etrade is a pretty useful tool. IBD helps, but its like information overload sometimes. I'd stay away from currency markets because it's too much to keep up with. __________________ I am the brute squad.

FOREX Trading?

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