1- Do not short one of the most shorted stocks of all times There was more than 30% of the float shorted, one of the most shorted stock ever in term of dollars or percent. So many short sellers in Wall Street. What did you think would happen? Anything above 10% is too high in my book. 2- Short squeezes can be huge, there is not level where "it has to stop...
The SHORT for APT is there...just wait for it. Previous outbreaks (swine flu and then ebola) led to predictable boom/bust for Alpha Pro Tech (APT). Coronavirus is just the latest.
Possible psychological resistance at $200 a share, wouldn't recommend shorting this as this is a very consistent stock, providing steady returns, however it will be interesting to see what occurs once price has broken the $200 milestone. Also sitting at top of regression trend, which may lead to a small pullback
There is really big bearish divergence and i have big sells on this pair. plz let me know what u guys think and if u place a sell along with me :)
Hey there, I will say, that compared to so many on this platform, I won´t dive into all these technical indicators this time and will keep it very simple, yet so much more exciting. So we have been consolidating between 6000 and 8000$ for a few weeks now and had mostly sideways price action. On this chart you see trend-based fibonacci extension using the past...
I'm feeling depressed, angry, and doubtful about my BTS position. I can feel the emotion creeping in. I can feel the thoughts coming on: "sell now, you can find another coin. This coin is dead." In the cycle of market psychology, it could be the time for me to buy more. If BTS was at .20 I'd probably have a million and one emotional reasons to buy more. We...
My grandpa taught me to buckle up and let the ride be what the ride may be. Sometimes we can all leave on a journey together and end up at the same destination but with different outcomes. We are now 50% into our profit target. .92 has been the level of interest for many weeks and there really isn't much more to say then the man holding the tail and a leg of...
Accepting losses is one of the hardest decisions a trader must make but it is necessary. Conquer this one trait and you'll do better than 90% of other traders.
first time using this method. But using it we are no in the despair phase, so that could be the point of maximum financial opportunity. Price is contracting, risk reward ratio is really high.
Similar case to NZDUSD. If price drops to the support level we may be looking at a long with a 5 pip SL and 1:3 RR. Also haven't done the weekly reversal yet, may increase anytime soon.
We all make winning and loosing trades but we tend to ignore our losses and we celebrate when our trades are profitable. We are not good or bad traders because we're able to predict the future by using Technical Analysis. We all make winning and losing trades just because of probability. Some of the traders out there can really use Technical Analysis and get a...
We are in rally from demand ________________________________________________________________________________________ Golden Trading Rules: It is much easier to watch a few than many ________________________________________________________________________________________ I'll be happy to read your opinion and ideas, and if you like the idea, please give...
hitting demand zone fibonacci support area ________________________________________________________________________________________ Golden Trading Rules: Big movements take time to develop ________________________________________________________________________________________ I'll be happy to read your opinion and ideas, and if you like the idea,...
I got cutoff in the previous part of the breakdown and this is the rest of the breakdown.
I breakdown the trades I missed and talk about how I was feeling at the time to watch back and see if there are any patterns involved with my emotions and psychology that I need to overcome to improve as a trader. Hope you enjoy and take some value away from this.
Psychology and emotions that go along with this setup and how I was feeling at the time. Including the breakdown of this trade.