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Replies to post #842 on The Trader''s Perspective (TTP)

Replies to #842 on The Trader''s Perspective (TTP)
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Sendme

01/20/18 12:53 PM

#844 RE: Ownwallstreet #842

I should have grabbed the .16's like you said earlier, at least that was at an area that showed support and I felt more comfy with. For now I will watch and trade REFG with you. My ideal entry was sitting at .13 (analysis paralysis at it's finest). LOL
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Sendme

01/20/18 1:13 PM

#845 RE: Ownwallstreet #842

DGAZ your gonna slap me for this one. LOL

I bought at 2.08 and then stopped myself out by raising my stop loss too soon once I got in the green. Once again, fear of taking a loss on a trade that was green. The plan works if I will stick to it.

Now it looks like a nice Inverted H&S pattern in play. Just hope it doesn't gap up too far on Monday.



I am feeling pretty good about using the 15 minute chart with the RSI and the 50 and 200 MA to find my entry triggers and stop loss plan. Here are some more back testing of the plan


Overall I am feeling pretty good about trading the ETFs and overall penny stocks as well. Gonna be a good year my friend. Things are starting to slow down at work. Should be able to chat this week.