Day Trading 24 Mar Pre Market, page-18

  1. 23,919 Posts.
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    @bowser if you want to highlight quotes out of context be my guess, or take offence to something that wasn't meant to be

    For example:-

    If a stock is trading 50-60% below cash back and I know a deal is coming, I think TA is irrelevant if I am holding for the S/T. I'll just buy and wait because the fundamentals offer parabolic returns the chart can't predict ... most times the chart will say to dump it it's a dog, hence the reason it is under cash backing in the first place

    So I didn't say "TA is irrelevant", it depends what stock, your length of hold, the fundamentals etc

    I use a mix
    Last edited by vontrader: 24/03/17
 
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