You all heard the statistic, "gambling is more profitable than trading - 13 out of 100 gamblers leave the casino with gains compared to 1 out of 100 traders". Yeah yeah. Nice story. Now tell us the real story. The market is not a casino. Don't compare. What about the thousands of traders making consistent gains? It's a FACT that most traders quit their trading...
I'm looking for a DT entry here on AMD but instead of entering prematurely and hoping it goes up, I'm waiting for bullish confirmation that will happen if bulls reclaim the resistance and use it as support. Meaning, it should shoot above resistance, then dip down to that line as SUPPORT. That would be my ideal entry. Watch to see what happens here. Good...
- What is considered the bottom for a coin? - How to identify the bottom? - What technical analysis tools to use? - What are the fundamental prerequisites for the bottom? What is the bottom for a crypto asset? The bottom is the lowest price level of a crypto asset, after which the price of this asset is expected to rise. The bottom is not always an absolute...
Opening a position without setting a stop loss is a big mistake and it can be disastrous when buying the dip ! Here, we show a tempting setup to open a long position in rectangle (1) . It is of course OK to go long in this setup in the hope of catching possible up coming up going wave shown in green. But without setting a stop loss? Not at all ! Followings are...
I've been in this trade for some time now so I thought I would share my approach on How I Successfully buy the dip. Hope you enjoyed my first tutorial, many more to come. Follow me and stay tuned on many more ideas and tutorials from an Insider.
NSE:HEROMOTOCO is currently in the uptrend till it closes below 2235. So any dip can be used to buy the dip.