Day Trades:
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"content": "LOOK FOR PATTERNS. ANTICIPATE THE NEXT ITERATION OF THAT PATTERN. ",
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"plain_text": "LOOK FOR PATTERNS. ANTICIPATE THE NEXT ITERATION OF THAT PATTERN. ",
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"content": "\nThis is the game. When everything is going up in steady reliable zig zags, thats best. If it shoots up immediately, but then goes down steadily, that is the best - gives time to sell.\n",
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"plain_text": "\nThis is the game. When everything is going up in steady reliable zig zags, thats best. If it shoots up immediately, but then goes down steadily, that is the best - gives time to sell.\n",
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"content": "IF IT'S GOING UP RAPIDLY, DO NOT SELL!",
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"plain_text": "IF IT'S GOING UP RAPIDLY, DO NOT SELL!",
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"content": " Wait for it to slow down and start going down.",
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"plain_text": " Wait for it to slow down and start going down.",
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"content": "BUY / SELL ?",
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"plain_text": "BUY / SELL ?",
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"content": "\nIf reversed bar is a bit bigger than the previous, it will continue in the reversed direction.\nIf it's very much bigger, it may come back down right after.\n\n",
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"plain_text": "\nIf reversed bar is a bit bigger than the previous, it will continue in the reversed direction.\nIf it's very much bigger, it may come back down right after.\n\n",
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"content": "So, set a trade preemptively!",
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"plain_text": "So, set a trade preemptively!",
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"content": " Each bar, set a future trade below/above that bar, if it reverses direction. Then, if it continues in that direction, you're not falling along with it. After that trend is finished, it's too late!\n",
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"plain_text": " Each bar, set a future trade below/above that bar, if it reverses direction. Then, if it continues in that direction, you're not falling along with it. After that trend is finished, it's too late!\n",
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"content": "Consider the recent trajectory. ",
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"content": "Hindsight:",
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"plain_text": "Hindsight:",
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"content": "\nIf same bar is a bit bigger than the previous, it will continue in the same direction.\nIf it's very much bigger, it will probably not go much higher.",
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"plain_text": "\nIf same bar is a bit bigger than the previous, it will continue in the same direction.\nIf it's very much bigger, it will probably not go much higher.",
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}Swing Trades:
Higher Highs= will continue going up
Lower Lows= will continue going down
20/50 moving average lines crossed= trend has reversed
Learn about thoseBars and Candlesand volume!
https://www.youtube.com/watch?v=vGVIqScEWnI
Lingo:
Support
price which a stock has hard time falling below
Resistance
price which a stock has hard time rising above