Wednesday, April 14, 2021

WL: $DOGE & $IOST

I have been experimenting on how to filter stocks/crypto. Two of them did a confirmed and huge breakout today. Wasn't able to buy them but I am quite happy that I was able to put them on my watchlist. Proof that I can see possible movers now.

Below are my studies prior to the breakout:



Both did an All Time High breakout. RSI has been moving almost above 50 for the past few days.

Both currencies where consolidating for almost 3-4 months prior to the breakout.






Saturday, April 10, 2021

Tuesday, April 6, 2021

Zeefreaks TP and TS

Re-reading Zeefreak's blog today. I totally forgot or maybe missed this post when I first read this. This topic is very important though.


Here's the link to his post:

https://zeefreaks.blogspot.com/2013/02/trading-101-osmosis.html

Here are my other trading rules:

On Cutting Losses:
Don't let a loss reach -4%
Cut before it reaches that level.

On Taking Profits:
There are no Target Prices,
Only Trailing Stops.

On Trading A stock:
Trade with bias. If a stock does not 
move according to your bias, Sell.

I also get this question a lot, So i'll just Include it here:
"What is my average holding period?"
4 Trading days. Or until a stock's uptrend snaps.



And If I'm dead sure of a killer trade? 
I never hesitate to go All-In!

Monday, April 5, 2021