12 Market Hazards to Avoid (+1 to Adopt)

There are enough road hazards in the market without adding landslides, obstructions and potholes to the journey.

This list helps avoid false flags of hope without foundation.

 9 Technical Considerations

• Avoid any buy candidate that demonstrates a current negative daily, weekly and monthly downtrend.
• Avoid far out predictions by promoters and newsletter writers not supported by clear evidence and price trends.
• Avoid borderline signals in any indicator. Some questionable items do sometimes "slip thru" in scans.
• Avoid signals in sideways patterns. These are rarely profitable. Stick with clearly defined trending stocks and indexes.
• Avoid trading early in the week when plan formulas have a weekly (Friday) requirement (unless confirmations are clearly robust)
• Avoid pre-judging and taking positions prior to actual signals. Many "probable's" can fade a day or two later creating a loss.
• Avoid "gut feeling" and "hoping, wishing and praying" type trades. These mistakes are easily avoided.
• Avoid buying after large price gaps or huge one day advances due to major company announcements or shorts covering.
• Avoid compressed and cluttered charts. A chart needs to tell you where you are. If it doesn't, don't waste your time and move on.

3 Fundamental Considerations

Wall Street calls investments "securities" because that sounds safe, solid and sensible as well as being more marketable than just plain old "stocks". Whatever you call them, the following investment alerts must be noted.

• Avoid reading what what you want to hear and concentrate on what you need to hear. Major difference.
• Avoid, like the plague, stocks which are promoted by paid shills or who want to include inferred resources as reason to buy. Check the fine print at the bottom of that presentation for their fee or sponsorship arrangement.
• Avoid those who claim various published economic statistics are bogus and cannot be relied upon but still show them if they meet their argument's conclusions.

Adopt this #1 Signature Signal

The number #1 trading method with the highest probability rating of success is a new daily trend emerging within the context of a continuing positive weekly and monthly trend.

Having a stop loss procedure in place such as a "trailing stop order" is a way to preserve profits.

Invest wisely.

Trader Garrett

===================

Caveat

While past performance and probabilities are favorable, results are not guaranteed. Use these trade plans, stocks or comments at your own risk. All analytical content and commentary provided within or from this site is aimed purely to educate or inform readers on the potential technical and fundamental aspects and possible value of intelligent, mathematically based research tools and charts for due diligence purposes.