IMU 12.9% 7.0¢ imugene limited

Haha, like your style.Short term traders will definitely wait...

  1. 14,254 Posts.
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    Haha, like your style.

    Short term traders will definitely wait for a break of resistance to enter or they will buy off a bounce of support. To me if you buy before resistance is broken then you’re gambling. You will see in so many cases, resistance isn’t broken so you’re stuck holding. There’s no indicator in the drop down box for confidence or hope.
    In many instances lately and over the past few years, there have been great trades made in between support and resistance as the SP ranges, personally I find these the easiest but everyone’s different.
    If we have these indicators and understand how to use them, learning to trust them is part of the journey. IMO. Suggest testing it out yourself with paper money.

    Cheers.
 
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