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HOW TO FOLLOW SITES GENERATING AUTO GENERATED DATA FOR TECHNICAL ANALYSIS

Posted By On 5/20/2007 07:26:00 PM
Undertake following precaution for Auto generated data for stocks:
1. Always check charts before trading/ investing

2.Invest in stocks with good liquidity.

3.Always buy and hold with trailing stoploss.

4. Exit as per automatically generated indication

5.In case of a whipsaw / loss, identify trading range (chart) and trade after a breakout.

Note:Will in your life you will hand over a car to auto pilot and if answer is "no" do not trade solely based on auto generated data as it can not see pitfalls.

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