There will be more waiting for the right trade in this new market than there will be actual trading. Have to pick and choose your trades carefully with optimal r/r. Honestly this should be happening all the time. $CWRK went red yesterday but not enough to take out more downside. Ideal area was low 2s but clear support at the previous b/o level of 2.20 from February. Kept size small and under control for a SAFE trade on a reversal. Remember that stocks don't go straight up nor down but they bounce around and within that bounce we need to find the range/ direction that is most optimal for profit. Sells are quicker than before because we are not in the same market. Adjust and trade accordingly. Hope this helps.
Posted Mar 16, 21 10:53 AMbyArtOfWar
Categories
Price Action: Buying Dips/Panics
Thanks Ellis!
Thank Ellis
Thanks Buddy
Thanks Ellis, risk management is the name of the game!
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