July 2024 BRO-ACE Rookie Stock Trading Strategy
Here's the update after the regretful Apple sell... https://buysellsignals.blogspot.com/2024/06/rookie-traders-regret-lessons-learned.html ROOKIE STOCK TRADING BRO-ACE STRATEGY CHECKLIST SELL: Identify Stock Holdings to SELL... Use BRO (Moomoo) and A (Yahoo Finance). All 4 must meet the criteria... BOL (20, C,2). Above Upper Band (sell). RSI (7). Above 70 (sell). OBV. Above middle line (sell). A. Average Analyst Price Target is equal to or less than price (otherwise let the profits run). + Remember... Never expect the price to return to its previous high. Never sell all share holdings of a good stock even with a strong sell signal. Sell only half? Sell on signal even if it's a loss (capital cashflow is better than stuck or falling losses) BUY: Identify Stocks to BUY Buy only S&P500 stocks... for stability and dividends. Use the Moomoo stock screener to screen SP500 stocks with a daily Bollinger indicator falling below the lower band... tap into the search bar to fin