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.
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.
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? :)
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockoperator
936 posts
Posted by stockoperator > 2014-05-11 16:01 | Report Abuse
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.