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Re: Ultimate Weapon post# 15005

Saturday, 05/14/2022 1:58:53 PM

Saturday, May 14, 2022 1:58:53 PM

Post# of 18413
Hey man, thanks for the kind words….I still work for a living to be clear, not a full time day trader or anything. It helps that I really do love my job….That said I use charts for entries/exits, swing trades etc. the stories can be intoxicating around our investments when the chart can clearly be telling us something opposite. It’s hard to not let our emotions get the best of us…

Honestly I just taught myself over the years, listened to people smarter than me and learned how to observe my rational and irrational thinking.

I pay attention to the RSI, volume, and trend lines and moving averages. You could google them and probably spend the next 18 months just on those. I did “mock trades” where I just noted if I would have bought or sold at the right time. The Heikin Ashi candle on a WEEKLY chart are pretty clear cut to see a trend change….and 1 other thing, it was hard to make a mistake in 2020 when everything was going straight up and the same goes for now. It’s super risky as the bear is upon us. Look at TCNNF, fantastic company with great numbers but I’m not fighting the bear

Hope that helps a bit, I’m no financial advisor, guru chart reader, just a surfer, dude…lol (that really is a great movie)

LCK

Im a chart nerd. All my posts are opinions of what I see according to the TA. Never is it my financial advice on selling/buying a stock. I wouldn’t take advice from a message board on my finances so I learned to read charts. Im a chart nerd.