@AdalWolfHiedler That’s the best you got, cupcake??? Next time you spew hateful ignorance, think of me and how I pwned you. I’d rather be regarded than have hate in my heart. You are despicable and I look down upon weaklings who resort to race / ethnicity to feel “superior”.
@AdalWolfHiedler Greeks built those, not Romans. Also, they had influential philosophers, unlike you guineas.
Can you show something that is actually original and not copy and pasted?? And preferably an innovation / technology from this century 👴🏻 Just put the wine and Ferrari in the bag 😭
Environment almost always matters more than any individual setup.
Buying support or breakouts in a market with VIX at almost 30 and indices below key moving averages isn’t the same as buying those same setups when the market is trending above key moving averages and VIX is low.
This pullback in growth has had people saying “buy the dip” for weeks as many names continue to bleed lower.
Buying the dip only works well in certain trading environments.
Few things I look for while trading:
-Key moving averages are acting as support (10, 20, 50, 200)
-There was a major moment/catalyst within recent months (news, narrative, earnings, breakout, etc.)
-Uptrend in the overall market
-Right theme
-Low VIX
-Stabilization and/or consolidation
-The stock is still holding above recent breakout levels or key support
-Consolidation near support/moving average
-Pullback is orderly, not violent/volatile
-Volume on the pullback is low
-Higher lows
Of course not every single box needs to be checked but these are a few things I look for.