Never trust a trader who uses the terms 'oversold' and 'overbought'. They are referring to positions that they are in deep under water. Without question.
"Fear will get you out of trouble. Hope will put you right back in it."
Former Stockbroker, CTA & Hedge Fund Manager. Developer & Author of several # 1 rated (FT) quantitative futures trading systems. Love my three Sons, then the Derivatives, Forex, Futures & Gold markets...
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Disclaimer: TAOD = Trade at your Own Discretion>
All Opinions stated are solely mine & not affiliated with any Business/Financial Entity. No Financial Advice /Solicitation
New to the Twitter & Stocktwits World. Been Trend & Swing Trading 13 years. Lazar Focus on: Start of a new Trend/-Reversal & Key Macro Levels. Objective: Triple digit yields & Only trade 10-1 or better Risk/Reward opportunities
Former NYSE Floor Traders offering Premium REAL TIME trade alerts & technical analysis on equities, made in our own accounts & sent to members in real time
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