Tiger’s father knew that his advice had limitations so why complicate matters? Earl Woods, and Tiger’s professional golf coaches who followed, could only teach Tiger how to play. But it was up to Tiger to play. And play he did! All because of the simplicity inherent in his overall game.
Although I have become very confident in the highly probable success of the CROSSHAIRS trade system I have developed, I also know and accept that anything can happen.
As before, I would suggest you contact Charles Nenner Research via this CONTACT link. Mention THE CROSSHAIRS TRADER in the MESSAGE SECTION and in the follow up phone call. You could receive a FREE TRIAL of the Charles Nenner Newsletter.
Another contrary report here with mixed numbers. Contrary because the analysts (who are these people and how much are they getting paid?) have it way wrong again! But what really matters to us is the trading environment.
If you appreciate sound trading advice, detailed analysis, and disciplined consistency, then Charles Kirk’s THE KIRK REPORT should be at the top of your daily reading list. Mr. Kirk delivers a premarket report and an after market report (usually within 2 hours of market close) each trading day.
The following graphic describes two types of traders. The first (the circle on the left) describes what I believe to be the characteristics of all beginning traders, most of which end up quitting. There is a progression here from bad to worst. However, if the beginning trader can break through this cycle somewhere around undisciplined fear (#3) and paralysis of analysis (#4), the chances of his success improves exponentially.
Will the resistance on the WEEKLY chart keep the indices in check as we enter the traditionally weak to neutral summer months? Or will the S&P and the DOW find the strength to join the NASDAQ and push further past resistance? There is always the possibility of a summer rally!
Just waiting for the next move: will the oil stocks catch up with the USO or will we continue to have consolidation? Who knows?
I developed my formula for taking quick profits using my highly probable CROSSHAIRS set up because 1) I do not wish to day trade for small profits multiple times a day but prefer to look for quick profits on bigger charts multiple times a week; 2) I do not wish to confront all the psychological issues when trying to hit a home run with each trade; 3) I know that my set up will provide me multiple opportunities every week without me having to worry about when I can trade again; 4) I would rather bank small profits 90% of the time then try to make huge profits 50% of the time.
Let’s get this out in the open right from the start: stock traders have absolutely nothing to complain about unless
