how do i know if trend reversed in a bear market vs bull market?

mute9003 said:
Well i didnt know what bear market means.
i also dont know much about penny stock manipilation so i dont really know what news to pay attention to or any other warning signs of a scammy ceo trying to scam
Which dpw obviously is and was for a while

But i basically got lucky
after the first pump and dump i figured out if i hodl long enough eventually this dumpster will spike
So even if i bought at dollar and its down to 30 cents the losses are much smaller than potential win
And i basically bought it every time it dipped back to around dollar fitty and set an alarm to when it hits above 4 dollars.
And it worked 3 times
But didnt work the last time because the entire market kept going down and bringing nile with it basically
And his constant atm made it worse
More...
When these trades would be entered how long was it in general until the trade would reach the target when it was successful and made you money?
 
usually few months one of them was few weeks

but i dont count those as actual trading. that was basically easy money without any skills
all i figured out is that at some point throughout the year the stock will spike for few hours and if i have a position in it i dont have to pay attention to it jut wait until it does and sell

i wouldnt call it a trading skill lol more like that one time that i managed to do a trick
 
mute9003 said:
usually few months one of them was few weeks

but i dont count those as actual trading. that was basically easy money without any skills
all i figured out is that at some point throughout the year the stock will spike for few hours and if i have a position in it i dont have to pay attention to it jut wait until it does and sell

i wouldnt call it a trading skill lol more like that one time that i managed to do a trick
More...
What are you gonna do?
 
mute9003 said:
easy money without any skills
More...
You like that easy money? lol. Yeah, we all do. If you see some laying around call me.

You want to stay in the trading game?
Keep your eyes open but prepare for the possibility that it may be a while before the wheel comes around on your old game to where you can make that easy money in same way.
How long are you prepared to wait?

Are you adaptable?
Take a look at this chart and tell me all the reasons that make it difficult for you to trade this move down.
https://www.elitetrader.com/et/threads/charts-for-no-reason.344272/page-24#post-5599207
 
mute9003 said:
Well i didnt know what bear market means.
i also dont know much about penny stock manipilation so i dont really know what news to pay attention to or any other warning signs of a scammy ceo trying to scam
Which dpw obviously is and was for a while

But i basically got lucky
after the first pump and dump i figured out if i hodl long enough eventually this dumpster will spike
So even if i bought at dollar and its down to 30 cents the losses are much smaller than potential win
And i basically bought it every time it dipped back to around dollar fitty and set an alarm to when it hits above 4 dollars.
And it worked 3 times
But didnt work the last time because the entire market kept going down and bringing nile with it basically
And his constant atm made it worse
More...
You bought when you thought it was low. Sold when you thought it was high.
You don't have to wait for NILE to get bullish and do nothing otherwise.

Do you want to learn how to trade? Well do ya mute9003?
Here's a place to start.
Take a look at the charts on this link page.
One's bullish and one's bearish at the same time.
KC trades them in a similar way to the way you were trading NILE.
He buys "LOW" and sells "HIGH" just like you did.

KC has been at it a while and has some ways that work for him to decide when it is "LOW" and probably ready to head HIGHER.

He is generous with his time and freely discloses tons of info about what he does.
If you want to stay in the trading game go watch KC trade with a notepad in one hand and a pencil in the other.
https://www.elitetrader.com/et/thre...za-sqqq-sdow-spxu.363924/page-13#post-5599857
 
Problem ia when i look at charts still cant tell what is happening
i read so much contradicting information about chart reading that now i dont know what to actually look at

One week i read "volume is the sht" all you need is volume..
Then i look at the chart and price moves by 20 cents and shows "one" volume.
Then right after that does nothing on 1000s of volume

then i read about chart patterns and everyine is like
it could be a continuation or reversal pattern unless it goes into consolidation then its neither
But it could bw either one you juat have to look for it... wtf
 
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