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Message: Re: Tree Shaking! They Want In!!!

ledenfrog,,,,,,you do know that the Wackoff System describes one house in action,,,,,,,this system goes to hell in handbasket when a second house buys the 10,000 shares sold short, and adds, driving the price up which sends house one into a forced feeding frenzy,,,,,,,especially on a light volume stock,,,,,all is well and good until the idea doesnt work anymore,,,,,,,too many houses out there to think that one house is the only fish with eyes on the prey,,,,,,the other caveat is you have to find a buyer for those 10,000 shares at the top of the range,,over and over and over again,,,,looks good on paper but nada,,,,not an easy task on a stock like RVX,,,,,,,,or any other thinly traded equity,,,,,,,,,remember the market is more skewed than it is organized,,,so patterns, charts, and other trading systems end up at best 60% accurate longer term,,,,,,,but if you can trade with 60% correctness and maintain the same win/loss amounts when exiting each play, you will make money,,,,the math tells us so, and it will work to the players advantage,,,,,,,,, every trading platform out there tags themselves as being the winning strategy,,,it dont matter what strategy you take on its back to limiting the win/loss amounts, which have to be always the exact same, and have at least that >50% win ratio or you are going to loss $$$ over time,,thats the trick to swing trading in a range or other,,,,,,been there done that,,,,,jmo

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Mar 22, 2017 08:15PM
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