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Trading Advice – Gary K. January 5, 2005

Filed under: Trading Wisdom — BMB @ 11:05 am

Last night on his radio show Gary Kaltbaum gave a very simple, but very useful piece of advice on timing your entry into stocks:

“Very important: when you’re buying a stock, buy on a breakout or a pullback to support. When you’re shorting a stock, buy the breakdown or a bounce into resistance.”

Simple to say, not all that easy to execute. But we keep trying…

 

 
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