Notice the fake outs to a bearish trend on $TSLA this morning t market open? The price dips below out indicator and then back above it. Be careful not to get caught in any of those traps. Sometimes the market moves quickly - so be mindful and stay by your computer
Seconds turn into minutes, minutes turn into hours, hours turn into days, days turn into weeks, weeks turn into months, months turn into years....
Were you profitable / making the most of it?
Open up a stock chart right now, or when you have some time, and identify the BREAKOUT.
The BREAKOUT is the moment where you enter into a trade. When resistance becomes support.
Quick Question: Is Trading Risky?
DUHHHHH Of course it is! You can lose your life savings!!! lol. So why would anyone trade??? And how can someone go from being risky... to taking calculated risks???
https://t.co/ww2yjWhP9e
Trading confidence can really drop after a few bad trades. It happens all the time. It's what causes people to quit trading. They trade, they lose, then they realize how risky it is to trade so they want to play it safe.
How do you keep and gain that confidence? Reach out...
Is stock trading risky? Yes, it is. Can you make money through the markets? Of course you can.
So why is it risky?
Because most people don't understand the nature of the markets. They don't understand supply / demand levels, breakouts and how to use indicators.
LEARN!
Everyone ready for the market open tomorrow?
If you don't already know how to identify good entry points in the market, then watch this video.
https://t.co/h2T2ylKzuy
Finding a good entry point is the difference between a risk taker and a calculated risk taker.
Demo / Paper Trading VS. LIVE Trading!
What's the difference? Is there a difference?
OF COURSE THERE IS!! And it's more than just psychological.
https://t.co/ZU4Y6SYarJ
Bed Bath & Beyond (NASDAQ:BBBY) stock is due for delisting on May 3. The meeting to approve a reverse stock split on May 9 was canceled. This means the last day for investors to trade the stock is May 2!
What is consolidation?
Consolidation is when the market is FLAT! It’s when there’s very little movement and when it’s just bouncing off of a small range.
Yes… you can make some profitable trades in consolidation…. But you’ll make more when a breakthrough occurs. Up or down
Finallyyyyyy.... after a short period of consolidation we have a little breakout.
But don't get too excited, the market is unpredictable.
Stay calm, stay focused ;)
(Don't know what consolidation is? Go to our YouTube Channel and watch the video we made).