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Thanks for clarifying V - I just got confused with your initial...

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novice mum

585 Posts.

17

02/08/21

15:59

Post #: 54967443
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Originally posted by Veritas2000: ↑

Absolutely and not only today but over the past couple of days.

If one analysed the charts and watched such things as volumes,candles (and also an understanding of what candle types mean), book build (to roughly determine whether the next move may be up or down using volume pressures and gaps), and also focused on one or 2 indicators (such as RSI and MACD) it can be done with some degree of reliability. Also, it is imperative to have live data and charts (by that I mean paid versions) - if you are day trading without this you are in essence gambling (IMO).

The caveat is this is not an exact science and one needs to determine what is part of one's trading plan and psyche.

You truly need to devote time and energy to your craft.

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Thanks for clarifying V - I just got confused with your initial post. Cheers
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