basictradingtv

The historic +40% pattern on Apple

Long
BATS:AAPL   Apple Inc
Hello Traders and Investors,

My name is Philip and I am a German swing-trader with over 4 years of trading experience.
I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings.

I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a get rich quick scheme.

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Today I want to share with you my outlook on Apple:


Apple is in a massive uptrend and if you look at Apple's chart over the past 20 years, there is no doubt that this was a crazy chart history. We also always had breaks and retests of the previous highs which were followed by crazy pumps and I do expect the same thing to happen again.

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Most of the people always follow the quick money. But the quick money is never the big money.
They think that making 5% a month consistently is reasonable, which is one of the reasons why so many traders fail.

The only think which you can control is your risk, everything else is unknown.

Keep your long term vision!

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Keep your long term vision.
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