One needs to look at stcoks which have less than 3% move for last 5 days and take a postion at the lower end of the range with limit orders.
Buy when stock is moving lower for no reason. The risk is always there - the risk and reward is what a trader should look at. This is not for buy and hold trades.
Example - tracking TIN for last 5 days - bought on weakness at 21.99 = low of day 21.95 - high of day 22.61 = means real profit

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March 29, 2011
Edited: March 29, 2011
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