@Learningthegame Just a little trade planning might get these moving for you. You can just fit a trade in on WWI but in future buy lower down the supply demand curve. If you want 1:3 Risk/Reward make sure the chart is offering 1:4 or 1:5 Risk/Reward
Buy order 7.5 cents
Stop 6.6cents
1XRisk=1R=7.5-6.6=0.9cents
Profit Margin = 3R=3X0.9=2.7cents
Sellorder=Buy Order + Profit margin =7.5+2.7=10.2cents
Risk/Reward 1:3
SPQ Buy 1.6cents
stop 1.4 cents
1XRisk=1.6-1.4=0.2 cents
Profit margin= 3R=3x0.2=0.6 cents
Sell order = Buy order+profit margin=1.6+0.6 = 2.2 cents
Risk/Reward 1:3
IMU 12.5 this one is far too far up the supply/demand curve and almost at a supply level where it is expected price will turn lower.. Try and buy shares where the 8ema has just crossed over the 50sma.
NRX 14 is a dreadful chart with a very poor Risk/Reward. The profit margin is the gap between the demand level and the supply level and this one does not pass the test of offering the 1:3 risk reward needed for a successful trade. The chart offers a little over 1:1 Risk:Reward -no where near good enough.
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- Day Trader’s Aftermarket Lounge 2 Dec 2020
Day Trader’s Aftermarket Lounge 2 Dec 2020, page-66
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