stockoperator

For traders who are using SARS:

1) SARS represents very important price level at certain points. It is a very good Entry point either to Buy or to Sell; You have to make decision at this point; If you don't even know whether to Buy or Sell at that particular price level then don't trade;

Either Buy or Sell, it is going to be Low Risk High Return trade as you will know very soon if you are right or wrong and you know where is your Stop loss is. Surely it wont stay at this level for Long.

2) Lets say the price level of Green dot of SARS is RM0.45.

If your intention is to Buy then the Rule is Buy above Rm0.45 as price manages to stay above RM0.45
If your intention to sell then the Rule is Sell below Rm0.45 as price fails to stay above Rm0.45

Well whether to sell or buy at this point of time will depend if we can comprehend the power of that particular MOMENT. If you can feel the flow of life and peace of mind at that particular MOMENT you are probably be Right.

2014-05-11 16:01

stockoperator

Sorry I think the green Dot is Rm0.495.

2014-05-11 16:06

stockoperator

If your intention and focus is to wait and trade at important price level of SARS, you might get it Right most of time as your focus and discipline is there.

2014-05-11 16:17

Bravo

Good evening Stockoperator, based on the chart Mkland is having uptrend/downtrend or sideline? It need to break the resistance of 0.495 to determine the further uptrend? :)

2014-05-11 19:00

stockoperator

From the chart you can see it is an uptrend chart. Yes it need to maintain above Rm0.495 for trend continuation.

Better odd is that Trend is always very persistent and lasting for very Long period of time.

2014-05-11 20:30

stockoperator

Since the price level is already there. So it is easy to trade. So you know if you are right or wrong. The worse is you are in the Dark and dont know if you are right or wrong.

2014-05-11 20:32

Bravo

okay thanks stockoperator. but i bought with quite high price, guess need to hold quite long time to recover.

2014-05-11 20:42

Rojaktrade Vips

stockoperator, very good further explanation. good one. i use to combine this with others indicators.

2014-05-12 15:56

stockoperator

If i ever have to trade first thing i look at is ten year chart and its Parabolic-Step 1 position.

2014-05-12 21:29

stockoperator

So My Dear MR R: Who says as a trader I cant hold my position for more than few years right? I really cant people Rojak.

2014-05-12 23:32

Rojaktrade Vips

yup, why not, most important is to earn money..

2014-05-15 00:18