Everyone will tell you the importance of price action but no one will explain you on how you can use it to generate "Super performance".
Lets understand Price action to find strongest setups which helped me reach 100% plus returns.
After such a huge move this type of stocks will definitely be talk of the town or at least make to our watchlists.
The main thing here is after such huge 37% move it went side ways with not so heavy volume and volume even going down.
@stamatoudism Did you mean to say not opening risk of 3% (of ROTE) including both "open risk in existing positions" and "open risk in new positions on the day"? Thank you so much for sharing your knowledge btw!
@jfsrevg Korea's starting have a lot of oneil type traders in recent few years including myself. Lots of investors getting tired of Korean companies' sh*t governance haha
@jfsrevg Auto-calculation of 'Number of shares to buy'. I think there could be two versions: 1. LoD as SL & 2. ADR% or ATR% (could be higher or lower among the two) from EP as SL. Input in the setting = $ amount to risk per trade. I think this could lead to quicker execution
I think most underestimate how much hard work & study time @Qullamaggie put in to achieve his level of success.📚
This clip covers only a sliver of it.🎥
"There is NO SUBSTITUTE for going in DEPTH, and studying different traders & different methods, you have to go in depth.."
WON loved weekly charts, often highlighting the significance of 3 or more tight weekly closes, or 5 or more consecutive up weeks. @TaPlot shared a great video the other day about this.
Here is my new @tradingview indicator that detects both conditions.
https://t.co/gaJLhKr3B4
With many stocks running up 5+ weeks in a row, now is a good time to rewatch the clip below by O'Neil and refresh your mind as to why that's important to pay attention to.
👇🏽👇🏽