Many people believe it is wrong to buy at new high levels or sell at new low levels but it is most profitable...because when you do buy at new high levels or sell at new low levels you are going with the trend of the market and your chances of making profits are much better than any guesswork or buying and selling on hope or fear.
Monday, December 28, 2009
A Gann Quote
I'm not trading this week because of illiquidity in the market due to the holiday season. What I am doing is cleaning my desk (awash in charts) and catching up on reading. I wanted to share this quote from Gann. It's in his Master Stock Market Trading Course and also other of his writings.