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Actually, 50/50 chance bets are enough good for stock market players.
Provided one gets out at one's predetermined loss point... this ensures your losses will be limited...
(in other words, if it goes down to that point simply sell, and never never hold and hope for the price to go up).
, trade at your own risk.
Since a large price change is imminent, as suggested by the Bollinger Bands, it would be an ideal situation for the gambler... ie. a 50/50 chance of making or losing!
Coupled with a non-lagging indicator/s, the odds will be enormously increased! 
Hi synnexo,
Rowsley is a penny stock so my kind of TA may not be accurate. As for its chart readings, the Acc/dist and Chakin lines are either stagnant or slightly downtrending. Large price change may occur soon but the direction of change is uncertain.
BTW, please don't follow me closely. Take my postings with a pinch of salt. Do your own research and form your own decisions.
Singaporegal... :)
You are so right that you possess the secret of not getting into an unrecoverable situation.
I believe you are already advanced and sophisticated enough to not let that happen to you.
Thus, your success is assured !!!...I have not the slightest doubt about this!
Hi Mani,
Thank you for your comments!
But I wouldn't call it "secret of my success" but rather the secret of me not screwing up so badly that I can't recover from a trade.
I would add further that that is the secret of Singaporegal's trading success!...
ie. quickly get out of a deteriorating situation as indicated in the charts...
However, many times, one can be wrong, of course,... but better safe than sorry!!!
I agree totally with Singaporegal on the "bailing out" part...
Because that's my style too...(You would have noticed I always promptly "dump" stocks that don't perform as I expected, much like boys/gals dumping their partners when the going gets sour).
Aiyoyo... no need to create a seperate thread for me lah...
In your postings, just type in "Singaporegal" and I can find it using the forum search. But please DO NOT follow what I post blindly. I am frequently wrong. I just bail out quickly when the actual price movements don't follow what I read in the TA charts.
Yes... in the market, there are many different views and philosophies present...
Technicians largely ignore fundamentals,
'Fundamentalists' ignore the 'technicals',
'Guttists' ignore everything but their experience.
And a combination of all the above...
But this thread should only be of interest to TA people, while others can simply ignore (but no need to post)...
Shall we 'appoint' Singaporegal as our "Lady Guru" (or Ms Guru) for this thread?... hehehe...
What a coincidence... I had wanted to suggest starting a thread on discussing stock trading books and courses... This thread may be perfect for that...
This is because Singaporegal has relied on Larry Williams' book :-
"Long-Term Profits To Short-Term Profits" for her successful trading.
Maybe members can discuss the trading techniques with Singaporegal in this thread...