Eggs on Toast - Tips from a stock market contract cleaner

Ingredients for making breakfast were:

• Increased volume on breakout.
• The first few days after the break prices should move in the breakout direction
• A normal reaction occurs where prices retrace somewhat against the trend, but volume is lower on retracements than it was in the trending direction.
• As the normal reaction ends, volume increases once again in the direction of the trend.

Deviations from these patterns were warning signals and jam and eggs.

We need to wait for the market to confirm our thesis. And only when it does do we make our trades - and we must do so promptly.

As per instructed, will happen again, if you don't watch out.

• Trade with the trend. Buy in a bull market, short in a bear market.
• Don't trade when there aren't clear opportunities.
• Trade using the pivotal points. (Learn how to spot the pivot point from which a new movement will emerge; read  somenewspapers.)
• Wait for the market to confirm opinion before entering. Patience leads to "the big money."
• Let profits run. Close trades that show a loss (good trades generally show profit right away).
• Trade with a stop, and know it before you enter.
• Exit trades where the prospect of further profits is remote (trend is over or waning).
• Trade the leading stocks in each sector; trade the strongest stocks in a bull market, or the weakest stocks in a bear market.
• Don't average down a losing position.
• Don't meet a margin call; close the position instead.
• Don't follow too many stocks.

Daaahhhhh yummmmmmmm!