@RolandWolf Hi Roland, I've been trading a little and am starting to learn Risk/Reward of your entry is a major factor, when a morning runner is basing for the afternoon how do you decide where the bottom is, is it from previous days support levels or just its morning action?
@DarkSideTrader Hey matey are you able to flick me a list of Bitcoin stocks I can't seem to find them in our notes from STT Pro, thanks very much ROO
Being Disciplined Pays Off!! Be willing to Cut and Attack latter! Thanks Roland!
Idea was to see a morning spike. Got that and Plan was to short into a lower high. At 4.18 looked like a stuff on level 2. Entry 8,000 shares 4.15. Risk HOD 4.20. Immediate fading very stress free. Started locking in gains on the big red candles on the way down to take away some of the emotions. It was easy to sit through the bounce after realizing some gains. Thought about adding into the bounce but decided to just be patient with the shares that he had. Covered some more into g/r 3.50 level. E
xit the rest in the 3.20s avg 3.41 covers $5900 gain. Started looking for a bounce in the 3s. Got down to 3.13 Entered long 5,000 shares 3.22. Exit 3.32 almost $500. Indicators for shorting frontside: no catalyst, a lot of chat room pumping, 3rd green day, running last week and a half, gap up and spike.
Thanks Roland!
Don't Chase!! Pay attention to the indicators volume/chart/ price action/level 2 Thanks Roland!
2.60 to 1.60 $1 crack nice big panic for the dip buy. Missed the first dip watching other stocks. Saw it in the 1.90s idea was it breaks the low. Mental idea was the 1.50 area. Indicators for Entry: chart, level 2, volume. Entry 15,000 shares 1.63 avg. After entry it was just being patient, in his head looking at the 2.15 level. 10-15 mins later it got to that level and saw some topping Exit 2.13 avg $7500 gain in just about 10 mins. Cant hold and hope on these.
Thanks Rold
Thanks Roland!
@RolandWolf Thanks for video Roland, can I ask you I was trying to chart a particular pattern that seemed to trend but now just seems to have stopped, have you ever found that?
Happens all the time. The patterns don't always work all of the time... It seems to be more cyclical..
@RolandWolf Hi Roland grea trend on your P&L chart, especially from March onwards, what did you start doing differently from then onwards. Thanks Brett
@Levrone Mainly I decided to truly devote myself in December, and spent all of my time (literally) studying and taking in info. Obsessed. It's been a personality flaw of mine, but helpful when applied properly lol.
@RolandWolf Do you got time tomorrow to step away and play 18?
@RolandWolf oh must definitely being ready for that play for sure was at least 80% of it. Opportunity met preparation!
@ConnorAlerts Hi Connor, do you use stockstotrade and/or Suretrader and what is the difference please
@Levrone just became a fully transparent trader today!
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