Investing Trading – Buy Low Sell High

Investors and traders know that their goal is to buy low and sell high, but how many times does just the opposite happen? If you have a stock that is in an ascending channel and it is at an all time high, do you buy? Usually not. You will normally want the stock to pull back down for a few days. If you buy at this point – when the price is lower, you can normally sell at a higher price. How do you know if your stock is in an ascending channel? Look at the free charts available on line. Please see my video that was posted on November 2, 2009 titled “VIDEO – Chart Your Stock or Trade.”

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