Stock Market Technical Analysis For Swing Trading
Uploader Comments (sgomez858)
All Comments (60)
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Looks like SD caved even further after this video, losing another $5 or 50% from where it was when this video was made. Big difference between where it started and where it ended is that it was above its 200 day MA before that big rally. At the point where it looked like it was bottoming when this video was made it was under it's 200 and 50 day moving averages. This thing is still under $10 a share. It seems trade nicely once it gets above it's 200 MA. Good video.
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Looks like SD caved even further after this video, losing another $5 or 50% from where it was when this video was made. Big difference between where it started and where it ended is that it was above its 200 day MA before that big rally. At the point were it looked like it was bottoming when this video was made it was under it's 200 and 50 day moving averages. This thing is still under $10 a share. It seems trade nicely once it gets above it's 200 MA. Good video.
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would you use a differ. colored ma?? NOT YELLOW?
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Gauging the fundamentals first is better for any kind of trader. Technical Charts can help you make better decisions only after you know the fundamental condition of the stock as well as the market.
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@wdgincar: Hahahahaha!
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Thanks for very useful tips
i made a comment on another video..the chart had so many ta sections added it was like something you see in an operating room..it was the most silly chart i have ever seen set up for trading..think about this..when you are driving a car..what instruments do you look at in the dashboard?..remember..trading should be like real life experiences..not a fantasy world..daydreaming might not harm you in the real world..but in the trading game..it will lead to you blowing your account out in no time
wdgincar 3 years ago
yeah "over analysis paralysis" on that chart you referenced. Also true on the under capitalized issue. many traders would be well suited to trade for a Prop Firm under the watchful eye of those that supply the capital.
sgomez858 3 years ago
i speak the truth..many would be traders think trading is easy..and seem to forget that all major progressions in life comes from experience..not from study or inspiration..the first real imporatnt lesson that a trader must learn is..how to lose without even thinking about it..this is next to impossible for any person..due to the way we process information..we can thank our educators for that..hence..experience becomes the only way for any trader..i don't know any trader who has proved otherwise
wdgincar 3 years ago
I'm with you on that. Agree 100%. Trading is an art form, therefore subjective,.i.e experiences.
sgomez858 3 years ago
moving averages are of no real value..volume can be misleading..pro traders do not use candles..most enter a trade too late..most exit a trade too early..you are nearly always better off to sell when you think you should buy..you are nearly always better off to buy when you think you should sell
wdgincar 3 years ago
Uh, ok.
sgomez858 3 years ago