petwyt1218
1
petwyt1218 Mar 04, 17 11:28 AM

I see. Alright I'll keep that in mind next time. Trying to think of what "everyone" is going to do and then being 1 step ahead of them. Thanks a lot Palmer

Palmer
Palmer Mar 04, 17 12:02 PM

The other side of that is the more times that resistance or support is hit and holds and then finally breaks through, the stronger the move through that area can be...as long as there is volume with the move.

petwyt1218
petwyt1218 Mar 04, 17 3:39 PM

Yes that I know that too so it comes down to managing risk. I just didn't know how quickly I should react to this type of price action. I didn't think a stock can dip 10% in 1 minute and that I have to be constantly watching the stock. Thought there was some more warning.

Palmer
1
Palmer Mar 06, 17 6:35 PM

These low priced low float stocks are some of the most volatile things to trade...gotta keep an eye on them.

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