Averaging Good or Bad? (Devil is in the details). The Questions you should ask yourself before averaging: I have been asked this question several times. What is the right time to average a stock? I usually have a counter question to this question. The same question you can ask yourselves before averaging. Why did you hold on to a losing stock for so long?...
S&P 500 Buy Signal >>> for Swing Trader and Position Trader Do Average Up three times and Hold till end of months Stop Loss Area is added for safety reason SL may be changed due to unpredictable movement Profit Target is not set for a while due to long term position TECHNICAL ANALYSIS : Back to basic theory >>> Classic Support & Resistance -Fibomic...
We can see in few weeks DOGE makes rally, but why if DOGE doing a bearish trend? what should we do? We can enter gradually and buy DOGE on weakness. And if Bearish Trend make a continuation, we can averaging only on weakness DOGE price. Like on Chart i draw before.
Aiming for 9k. Extending my trades into swing trades due to crazy volatility and a bunch of shakeouts. No stop loss.
Looking at a smaller time frame now as I try to find my next entry. As I said in my last 2 ideas, I think price can go lower in this pullback, but I don't want to miss the next rally. I'm going to take a small long position at 8900. Entering very slowly, just 1/5 of my desired position. I will buy another 20% each $1000 lower. 7900, 6900, etc. If price turns up at...
Read about this and wanted to give it a shot! I'm sure there's software that can do it much faster than me, but I gotta say, the experience definitely taught me a lot about the science and psychology of how to look at trends and data!