More Charts – I See Similar Pattern Again
I see similar trend again and again. I have listed 9 such stocks. All of these stocks have had huge run-ups and then that has been followed by big dump and selling. There are three main reasons why the selling is normally heavy. 1. Short sellers looking to sell this pump as it enters over-bought [...]
More Than Usual Trading Action For Me Today
Generally every day I try to target 2-3 stocks and trade max 2-3 setups only. I do not like getting involved in multiple stocks and be distracted. Today was one of those distraction days. I made 5 trades. POT was the wrong chart to go short. It was continuously uptrending. I made the mistake of [...]
Trading What You Know: During Volatile Times
Whenever the market has acted crazy and volatile I prefer to play only few selected stocks. Goldman Sachs and Potash are my favorite during those times. These stocks generally remain more stable and provide decent swing both ways each day. If you are nimble and quick scalper there is money to be made. The pre-market [...]