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thanks Warnie, I'll have to go back to those trades and analyse...

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97 Posts.

18/04/18

19:42

Post #: 32537557
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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.

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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
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