Reader Comments

Success System Revealed Review

by Emily Jacob (2019-03-27)


To this end, here follow my Success System Revealed thoughts or suggestions if you will. They are my opinions based on my experience for my particular trading style. You judge if this helps your stock trading, given your trading style. Question not only the substance and content but also possible motives for why people say what they say. If they have a motive or agenda, that is not necessarily a bad thing as long as their information or offering helps your bottom-line which is to succeed in stock trading. A person is learning about stock market trading and using a virtual stock exchange program called Stock Trak. She is excited about having the opportunity to take a $1300 profit on THI (Tim Hortons, Inc. listed on the TSX and NYSE). She asks me if she should sell. I looked up the reasons for why THI had taken a pop on February 20, 2009. As it turns out, it was the market's reaction to the earnings announcement. I looked at the technical analysis indicators and made the comment that she did not have to sell if she wants to ride the up-trend momentum. However, she had already sold (and then asked me for my opinion on whether or not to sell! That's okay, answering for nothing. I then proceeded to comment that it was good to take the profit and to try to get back into THI on a dip as part of a day-trading action. She retorted "Why should I do that Why should I buy back in after selling it? Why would I buy so high On the surface, the questions are valid (I used to think that way in my early years of trading. However, looking deeper, I submit that it is not a question of how high a stock is but how high it will go. And if there are reasons supporting a rise in the stock, then that constitutes an up-trend. The reasons for THI to go higher are (1) the earnings announcement results and (2) the technical analysis shows an up-trend progression.

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