
Some Trading Tips
I use support and resistance levels. On breaks of resistance I watch for the retest and will use a buy limit stop set it and wait for it to trigger. If the support level fails I will quickly exit the trade. These entries can very low risk as you are potentially buying where others are also waiting to enter giving a defined support level.
On big pullbacks I will start buying at a defined level with a buy stop. Start small and build into these positions as they will take time to work.
I scan charts daily so I will be watching certain levels on certain tickers. Set alerts and be ready to execute when the time is right. The best trades make you feel a little uneasy as you are buying when others have been fearful. If it feels too easy its probably not right.
Leave Some Trading Tips to:
Read more #trading posts
Best Posts From bitwolfie
We have not curated any of bitwolfie's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.