DTers Aftermarket Lounge - 31 Oct, page-62

Evening all - good discussion 

What I have learned is that charting and VSA are the most helpful tools for Dting and any trading for that matter - a good understanding of a range of different sectors and their fundamentals is also helpful - 

If you look through scans and can identify setups and or what will likely happen as a runner plays out- it is really the only strategy - put a lot of time into learning charts and going back to analyse how trades play out -

Anything else is a guessing competition - that probably won't end well -  

Things that go up come down - no surprise there - they do that a lot of times - anticipation the most logical moves is possible - you can't always get it right but - today when things are getting dumped - perhaps look at the support and resistance zones so you can get on the right side of what is actually going on in the trade --

Things that break out have a rhythm - they break test resistance go back test support - get shaken out and then get pushed again - you have to learn the moves - they don't usually do things in the same order either - that is the hard bit - 

Ok three in tonight's three day 10% scan are software services -

Another three are healthcare and equipment 

so there is a theme - or two happening 

RHT

RHT- daily - looks like it has absorbed the initial supply - might have another go - 

YOJ-

3DP- might go up - a bit more but will need to pull back and retest imo - 

-

ISX- this was a market darling a few years back - If I am remembering correctly 

These last three have come off varying  bases - all require investigation