Hi meme, thalweg. Just read that exchange. Hmmm?
Well, I've been doing this a while now and I'd never open a trade and then leave it till the EOD. At worst I'd have checked my support resist levels and placed a sell order at first level, even if I was gonna be on the screen watching.
I find that you can trade a stock at least once on pullback and buy again in one day. SOmetimes you get double for your money.
But I usually can't find more than one or two possible trades in this market. I don't use scans, I just follow the market and pick them up from observation. I do check Ravs scan and other people send em to me tho.
I'm very much an instinct trader. But I rely on my support/resist levels to buy/sell. I have this down to a fine art but it's very basic stuff. Even Makka can do it. lol
I can see the advantage of a straight indicator system if you just follow it and ignore the market noise. I get the wobbles quite often from market conniptions.
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