SPT 0.00% 7.5¢ splitit payments ltd

TA is simply following trends and charting patterns, if the...

  1. 408 Posts.
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    TA is simply following trends and charting patterns, if the price doesn't do what you expect then cut your losses quickly, if it does then let it ride until it gets to where you were expecting it to go. If you keep your risk:reward ratio high enough (by entering where your target exceeds your stop-loss) you can lose 50% of the time and still come out ahead.
    TA+FA is a powerful combination; identify your target company with good fundamentals, wait for TA to tell you that the market agrees with your research then get amongst it. Alternatively, find your company and buy, have the market go against you and start off in a hole which will cause you to doubt your thesis.
    Last edited by BlindSkwerrl: 17/08/20
 
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