how 2 not get caught buying tops and selling bottoms
- Thread starter GabbyJay
- Start date
Experience, trial and error, and LEARNING from mistakes
selling tops and buying bottoms
stops are required unless you like to be a dumb money holder.
a) few bottoms must appear before its a bottom
by the 2nd or 3rd bottom, its more viable
b) stop should be right under the low of the bottom, if it breaks that bottom, its not the bottom... pretty simple
c) tops and bottoms don't appear consecutively
top
top
top
low don't buy this low
low starting to look good
low buy with stop
top
top
low nobuy
top nosell
low nobuy
top nosell
top 1/2 sell
top sell
top
top
top sell with stop
low
low
low buy with stop
low buy with stop
This is how you catch tops and bottoms
stops are required unless you like to be a dumb money holder.
a) few bottoms must appear before its a bottom
by the 2nd or 3rd bottom, its more viable
b) stop should be right under the low of the bottom, if it breaks that bottom, its not the bottom... pretty simple
c) tops and bottoms don't appear consecutively
top
top
top
low don't buy this low
low starting to look good
low buy with stop
top
top
low nobuy
top nosell
low nobuy
top nosell
top 1/2 sell
top sell
top
top
top sell with stop
low
low
low buy with stop
low buy with stop
This is how you catch tops and bottoms
anyone can do this after the fact. there is no secret to learn here you either have the talent and vision or you dont.
Unless you can make decisions ahead of time you will never make money in this game.