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Yeah, I'm working on that. Read a great TA book by Brian Shannon, and reading one of the Mark Minervi books. And most important making a habit of looking at charts every day . I should say i'm an investor AND a trader. Index iETFs and some of the large cap dividend payers, are investments. I...

Thanks for the response. I sold my practice and retired 2 years ago, this keeps me engaged. Hardest part of this is figuring out what i want to be (investor or trader) and what my edge is when i trade

Im new to trading. Not to investing Bought UPST, CRWD (chased this one not sure that i should have) and AFRM charts looked to me like breakouts. I like these three long term, i understand the importance of having an exit strategy, but honestly I'm a little lost. Example: AFRM, looks to me like...

I don’t like being down more than 10%, preferably 5-7%, on a trading position. I do look at fundamentals, and you have a point. The thing is, you never really know if a good company is really a good company. Worldcom, Tyco. And those disastrous frauds aside, as someone here said (I think it was...

Just that the stock is super volatile. I’m not smart enough yet to recognize a good setup. If I am wrong on BMY I’m ok with that, if I’m wrong on UPST, I’m down 20 points the first day, with the stock up 600% YTD. it just takes getting used to. I’m not afraid to take a loss, I’ve taken a number...

good question. The biggest fight I have with myself is learning to resist buying stock in a good company that gaps down, and also, learning to lose my fear when buying momentum, high p/E high growth. Perfect example, UPST. Made money once, then screwed it up getting scared out twice. Now I’m...

Tomorton, thanks. Now I feel like an idiot lol. I know what the terms are, just didn’t know the abbreviations, didn’t connect the dots. I’m a former (retired) Financial Advisor but never really traded for clients, did asset allocation and planning. I traded for myself, but in an admittedly...

Thanks for all the replies. Looks like everyone has a slightly different take and I guess I need to figure out what works for me. I’ve got a lot to learn

thanks for the response. Re SLs and TPS, as I said I’m fairly new to short term trading, not even sure what that means

New here, and relatively new to trading, but i know the basics . I'm confused about what time frames i should be looking at. Reading Brian Shannons book, he says look at 50 day for long term trend, 5 day to go a little deeper and intra day to pick entry point. But i'm pretty sure he is talking...