$HIMX , any thoughts?
Any thoughts on stockhorizon.com ? And for someone just starting to trade $, (after 3 months of study)what % would you risk?
thanks for your watclists they are really great to see..
Hi Jane, What's your take on $HIMX ?
Way to goooooooooooo........
Sorry for the ignorance, what do you mean by if the r/r is not 1:3 ?
r/r is short for risk/reward. You typically want to enter a position where your reward is greater than you risk. You determine this through technical, fundamental, and news analysis. So a r/r of 1:3 means for every dollar I may lose I stand to make 3 dollars. 1:3. The stock market is somewhat predictable but could always move against the way you believe it will. Therefore you want to limit your risk of loss. And know your reward potential. You use a 1:3 ratio because even if it does not
get to 3, you can always start to lower your holding or cash out at 2 if the market starts to turn. Knowing your risk amount allows you to set your stop loss which is super important when shorting.
Thanks for the info!
Do you see $SYMX going up above 1.20?
It closed with good momentum and good volume. It might but I don't see it as good long play (Just my opinion based on my limited knowledge and experience).
With the conference call to discuss earnings and other things I wouldn't until after
ARLZ is similar to this case. Positive news but unfortunately today wasn't the best day to to go long on that particular stock. Wait for the market to open and play the "Reaction"
Ask and keep asking. one of those questions that might sound "Beginner questions " can unlock riches in future trades. I think it's a very good question and i would love to get an answer to it.
Cheers pal, I agree!!
It's not our job to know why. It's our job to adapt to price action and recognize what it is doing. There was one stock that got FDA approval and it was up a ton before the news came out. A lot of people lost huge because they didn't know the approval came with a severe warning. That may not be the case here, but anything can happen.
Welcome to the stock market, news is often priced in ahead of time, you should go watch my http://howtomakemillions.com DVD so you're not surprised anymore
@DKingston @timothysykes Thanks guys. At the end i guess "It's all in the charts!"
Nice vid. I like how in-depth you go with each ticker in your watchlist. I hope your trades go well!
great. thank for sharing bro
Nice job Matt!! I`m starting with the same amount and your lessons are helping me a lot. Thanks!