Australia's largest stock trading and investment forum Australia's #1 stock forum

Learning to Day Trade, page-42

First 42 Last

Share
Profile

Follow
espiaz

97 Posts.

18/04/18

19:42

Post #: 32537557
Share

Originally posted by Warnie ↑

If you are buying "at support" and the stock goes lower you have a timing issue for one and no understanding of the particular stock's price movements.

If you are buying "for the quick trade" buy "at market".
Research should tell you it's going north right? Otherwise why buy it at all?

You should be buying with the expectation it will run north to at least the next support level, if not, you're possibly buying the wrong stock.

Why try buy with everyone else? remember , be first one in first one out, don't buy or sell with all the sheep, you will lose.

Assuming you've done your research properly?.... buy at the 2.2, set a stop loss at 2c for ∼10% loss max, and adjust as it runs.

Good luck.

Expand

thanks Warnie, I'll have to go back to those trades and analyse the price movements to find out exactly what went wrong. I've been learning and trading for about 6 months now still learning everyday. You're posts have given me a few pointers I'll definitely look into before getting into a trade. Thanks for sharing
1 Upvote

Reply

Top Stories

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 10 more messages in this thread...

First 42 Last