@TSDR_Trading Pandemic and went parabolic to $500. But also what happened at $500? Pullback to 200 ma was at $250. Donโt have to wait until itโs down 250 points to start shorting either. I just use other conditions to spot reversals long or short Is all
@TSDR_Trading You donโt know. Risk management is key for sure. I didnt learn to trade with MAโs or indicators so itโs just so weird to me lol.
Not knocking it at all.
In my head itโs like the stock is up 150% now we buy it?
@ripster47 My buddy is on a cruise in Bermuda currently. They have to leave early due to the hurricane. Possible financial impacts/reimburments/cancelations maybe.
@AlexsOptions I struggle when after gap price trades sideways/get chopped up and doesnโt really move. Stuck in first hour motherbar usually. $hood example from yesterday
@AdexTrades Question. Assume you took the 2-1-2 down on the week. I understand the invalidation is the close above 50% of previous weekly candle? Lets say it kept going higher or goes and 3 on the week, which would be $7 more against you. At what point would you stop the bleeding or get out?