Replies to post #113531 on CGrowth Capital Inc (CGRA)

[Bonsai 1]

The thing just doesn’t want to crack down below 008.

This is a great example of why we trade what is actually happening and not what we think is going to happen.

The market is never wrong. It will clearly tell you what you should be doing, but most traders get stuck on thinking they know better. Thinking that they know what is going to happen. They don’t.

The market is telling us that this company is basing around 008 to 01 and we should enter long.

We might think we should short it, but nothing about this chart is suggesting we do that

[Bonsai 1]

Also, I’ve had orders at 0085, 008, 0079, 0078, 0077, 0076, 0075 for quite some time now and they won’t fill. That’s pretty telling