Trend continuation
The more often a stock attempts to break through resistance, and retraces less each time is a sign that there is an increased likelihood that the stock will break the resistance and breakout out of its current range, so this should be an indication to buy the stock.
This might be basic but, I'm learning that publishing my ideas that I discover through my own analysis; because I'm looking for a trade group to share doing research with.
Buy the dip after encountering resistance which is now becoming support.
1-3 month trade window for long positions.
I don't short the market yet.
1-2% of your capital on each trade, to avoid great losses.
Slow gains are better than any type of loss.
Hold cash for surprises.
Use a combination of Bollinger bands with 50 EMA, 200 EMA for trend affirmation, Fib Retracements for entry points, establish channel/range, up/downtrend, do daily research, interpret the news, flip a stock on the news for fun but don't hold it unless you've done the research.
Companies that are bought do great in the short term, discussions about buying stocks does really good things for the stock, but in the long run, the company doing the buying will end up doing just as well? This is something I'm curious of.
Pandemic related; how long will it take to get back to pre-pandemic levels? I believe this one to be a long road, but there will be spikes, buy now, and sit on this one - we all miss a big movie screen.
This past week my stock picks have outperformed the TSX, NASDAQ, DOW and the S&P 500.
I started trading in February 2021.
Do you have any thoughts, comments, reactions, useful bits of advice? Constructive criticism welcome.
The more often a stock attempts to break through resistance, and retraces less each time is a sign that there is an increased likelihood that the stock will break the resistance and breakout out of its current range, so this should be an indication to buy the stock.
This might be basic but, I'm learning that publishing my ideas that I discover through my own analysis; because I'm looking for a trade group to share doing research with.
Buy the dip after encountering resistance which is now becoming support.
1-3 month trade window for long positions.
I don't short the market yet.
1-2% of your capital on each trade, to avoid great losses.
Slow gains are better than any type of loss.
Hold cash for surprises.
Use a combination of Bollinger bands with 50 EMA, 200 EMA for trend affirmation, Fib Retracements for entry points, establish channel/range, up/downtrend, do daily research, interpret the news, flip a stock on the news for fun but don't hold it unless you've done the research.
Companies that are bought do great in the short term, discussions about buying stocks does really good things for the stock, but in the long run, the company doing the buying will end up doing just as well? This is something I'm curious of.
Pandemic related; how long will it take to get back to pre-pandemic levels? I believe this one to be a long road, but there will be spikes, buy now, and sit on this one - we all miss a big movie screen.
This past week my stock picks have outperformed the TSX, NASDAQ, DOW and the S&P 500.
I started trading in February 2021.
Do you have any thoughts, comments, reactions, useful bits of advice? Constructive criticism welcome.