Don't try picking tops. It shows greed and that's bad
manners
.
It's better to wait till it's obvious the top is in, then sneak
in a small short while the others are beginning to get fearful
ie; at broken support... then wait. Add a little more on the retest
of support then again on retracements during the new trend.
Following stops... not too tight.
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Rules...
A humble opinion...
Posted by cal1 on 16th of Nov 2009 at 11:55 am
Don't try picking tops. It shows greed and that's bad manners
.
It's better to wait till it's obvious the top is in, then sneak in a small short while the others are beginning to get fearful ie; at broken support... then wait. Add a little more on the retest of support then again on retracements during the new trend. Following stops... not too tight.