DarkMessiah777

Google Daily analysis Part 2

NASDAQ:GOOG   Alphabet Inc (Google) Class C
Given that the market pushed back down after going above the ressitance level Im now left to wait for price to drop or to rise. Now I'm only buying a small position given that price could continue to fall further. However if it does, I'd be buying a larger position which would compensate for the losses. The reaon why I still trade such a low R&R trade is to avoid missing out on a potential move to the upside. Making these positions small lowers my risk and allows me to take riskier trades which I can give a ton of breathing room to. It's like a buy and hold stradegy but for a short run
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