weekend lounge -shot term trading 22-24th feb , page-24

  1. 24,192 Posts.
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    J8 Very diifuclt to know without having a look at the daily chart for the stock... 10c is a natural obstacle given the tick jump becomes bigger ... but one of my favorite sports is entering in on mass to stock which is just about to break above 10c ...as the smaller tick jump below 10 often acts as a shock absorber on retrace... and the bigger tick jump above 10c means quick profits .. on the other side I am wary of entering at 13-14c on stocks due to the downside risk...

    So J8 if I already have a bagger I would prob be looking to cash out unless the FA story was very strong and the probability of the stock moving higher above 10c was very high... but I generally am a Short term trader with a limited attention span
 
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