Posted by: eminitrader June 4, 2008
Making Money with Eminitrader
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All right guys, I have sent the scans to all the people that requested one and have participated here in the past. Now it is up to you to put the time and do the research.

If you want to be successful here is what you need to do.

Find some of the stocks that you like and see how they performed in the past when the conditions that I outlined occured. See if you would have made money in those stocks if you had followed the plan.

Identify whether you are going to be a day-trader, swing-trader or a long-term trader. If you are day-trading buy all at once and exit all when your target is reached(near the recent high). If you are a swing trader, sell half at resistance and keep the other half for more gain. If you are a long-term trader buy at increments and keep adding on pullbacks. Exit all when the opposite conditions occur.

Manage risks properly. Identify where you'll get out if you are wrong and get out when that happens.

You guys can keep this thread going but I won't be updating this regularly.

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