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Tuesday, November 10, 2009

Buy on pullback to support

Cont'd discussion about Electronic Day Traders' Secrets: Learn From the Best of the Best DayTraders.

Eric Froman Interview

Knowing the levels (the support and resistance prices) is of the utmost importance.

When a stock is going up, wait for it to pullback to a support level and buy it there. Then after buying it, sell when it goes up to take profits.


...cont'd tomorrow...

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