@ChartGuys META for a swing. Ideally we get a few days of sideways consolidation on the daily for an attempt. Weekly looks as though we just back tested and confirmed previous ATHs as support.
@ChartGuys This is a picture perfect example of why stop losses are important as a trader. I thought we’d bounce in 270-260 range. Using a stop loss prevented me from being down -40-50 per share.
Why I love charts:
I don't know anything meaningful about the geo-politics of Natural gas.
I didn't look up historical seasonality.
I have not read 1 inventory report in years.
A weekly inverse head and shoulders and first confirmed weekly up trend in years marked a long term bottom, now +100%.
$NG $UNG
If you're not losing money, you're probably not making money either.
Trading is a numbers game -you win by taking risks and staying exposed.
Just don't blow up in the process.
Controlled losses... always.
In 2010 I started exploring markets with $3k saved up from high-school jobs.
Over the next 6 years (half part time) I made $ X.
In the 4 years after that I made 35X.
If I told you what I made the first 6 years, 99% of you would say "no chance, I'll do something else"
This is a marathon game.
Why does everything feel like the world is falling apart, yet the stock market has looked like this since 2009?
Well, here's a thread w/ some interesting charts that will help you understand: what you see is NOT what you get.
1/
Alright. I'm Done.
4 years and 6 figs in fees later @CoinbasePro @CoinbaseSupport is unusable. A glitch for weeks and thousands of people causes limit stop orders to trigger at market, racking up their revenue. Inexcusable joke. I look forward to shorting $COIN any chance.