CCC
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0.00% 0.1¢ continental coal limited

I can never understand why people would buy at support and sell...

  1. orchidc11
    500 Posts.
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    06/01/11
    20:46
    Post #: 7697692
    I can never understand why people would buy at support and sell at resistance prices!!!

    Personally, i usually buy slightly higher than the support price as i dont want to miss a good buying opportunity. When i want to sell i would place my order just below the resistance price to make sure that my order will go through and that i dont have to wait in a very long queue.

    "Buy support, sell resistance" is not a smart trading policy, its risky snd plain stupid imo
    CCC Price at posting: 84.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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