I don't see the point in listing Monthly stocks, seems not many will? Majority will trade shorter time spans, but, if you see a breakout above a trendline, now you have something. Greenport/ST was the first I saw posting monthlies, next Muathe, I liked the idea, but, rarely used, weeklies seemed to be a long timeframe preference, now I see how we can use monthlies for the Big Picture. Keep learning @7
That's the goal. I don't see myself trading monthlies as the stops must be massive and opportunity costs devoted to failed b/os and marginal ones is large. However, by focusing on the larger move and narrowing it down I'm hoping to obtain a safety net and push the win % up.
I don't see the point in listing Monthly stocks, seems not many will? Majority will trade shorter time spans, but, if you see a breakout above a trendline, now you have something. Greenport/ST was the first I saw posting monthlies, next Muathe, I liked the idea, but, rarely used, weeklies seemed to be a long timeframe preference, now I see how we can use monthlies for the Big Picture. Keep learning @7
ReplyDeleteThat's the goal. I don't see myself trading monthlies as the stops must be massive and opportunity costs devoted to failed b/os and marginal ones is large. However, by focusing on the larger move and narrowing it down I'm hoping to obtain a safety net and push the win % up.
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