If you want to fail as a trader, study TA
- Thread starter The Expert
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Quote from The Expert:
Hi DT,
Nice to see you are still alive
I like the answer to 4
Why would 3 not be 1?
Why would 2 not be 2 times 2?
TE
LMAO - you certainly have a way of phrasing a question.
2 - I'd hold for a while - sometimes stocks stop and then just carry on their merry way. Of course, I have done no research on how often they continue vs reverse. Normally, in a reversal early on in the day at least, stocks don't just stop ticking down, the reaction is usually a tad more violent. I guess it also depends on the stock - I don't tend to watch the ones that are ultra-high volume. I go for the medium ones.
3 - Add some, the stock is weaker than the market. Of course, the best time to add would be when the market ticks back down, yout stock being weaker may well benefit from the turn down.
As for 4 - if everything stops, I tend to think a blue screen is on the way. So it always helps to band the screen.
You may well have the chart is question
, but, you must explain why you think the next bar will be red, and, why you think it will not be green.Why
Always think before you act.
TE
Quote from IchibomB:
Very nice
What about this one TE
Hmmm, a dreadful specimen, but as you have asked, I will say greyish and then whitish
TE
Quote from The Expert:
Why
Always think before you act.
TE
I'm lost. You asked about the next bar. If that's the sequence after the one you posted, it starts with three greenies, so what's the problem???
If the sequence is in there somewhere, please point it out because I can't find it.
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