Trading Journal 200722 - SGX, CSE, Hyphens

Using 3 supertrends strategy.
  • Get ready to buy SGX. First green arrow appears.
  • Missed CSE Global. 
  • Hyphens. Wait for first pullback or third green arrow.
End of journal

Comments

Post a Comment

Popular posts from this blog

Rookie Trader 220127 - Boring Day

             Is it a good day to buy stocks today? Look at the  S&P 500 hourly chart ...  Is the 10 SMA above the 30 EMA?  Is Williams %R (3) less than -80 (oversold)?  Is the ADX momentum indicator above 25?  If one is Yes, buy!  👉  Don't buy - 0 out of 3 yes signals. What stocks to buy?    Buy DJIA and S&P500 stocks.  undervalued PEG less than 1.5,  uptrend above 200MA, when going down and about to bounce...   https://finviz.com/screener.ashx?v=111&f=fa_peg_u2,idx_sp500,ta_perf_1wdown,ta_sma20_pb,ta_sma200_pa&ft=4 Double confirm for UNDERvaluation here...  https://simplywall.st/dashboard Buy if undervalued more than 30%. 👉 Maxed out investment cap. Wait for Profits. Which stock to sell? Check for OVERvaluation here...  https://simplywall.st/dashboard Sell if overvalued. 👉 Nothing to sell. Until tomorrow.  May the markets be with you. ~ The Rookie T...
Read more

Rookie Trader Journal 11 Jun 2021

How's my purchasing power today? I can buy 0 stock using  Moomoo .  Any stocks in my Moomoo watchlist to buy?  Any tips from TraderTV Live? How to track medical biotech stocks, meme stocks, and penny stocks?  Moomoo   Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.5.  METX. Bought $1.60. Stop $1.53. Target $1.90. AAPL. Bought $125. Target $138. Stop at the dead fork.  VISA. Bought $233.27. Target $256. Stop at the dead fork.   VLDR. Bought $11.65. Target $12.82. See you tomorrow.  ~ Rookie Trader  PS: I would like to thank the following... For the charts...  https://finance.yahoo.com/ For the analysis...  https://tradertv.live/ For the screener...  Finviz.com Buy Crypto? What did I learn? Don't be influenced by news. Follow the indicator signal instead. Buy Market price when I see a signal. Don't buy at a Limit price.  Buy on dip from late April to early May 2021. "Sell in May and go awa...
Read more

How to use RSI indicator

Apply RSI 5 and RSI 14 Apply a short 5 period RSI (RSI 5) over the longer (default) 14 period RSI (RSI 14) and watch for crossovers.  With the RSI 14, there are times when the market does not reach the oversold or overbought levels before a shifting direction occurs.  A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals.  Buy Signal When the RSI 5 crosses above the RSI 14, it means that recent prices are getting higher. A buy signal is then generated, and a 5 vs. 14 cross should happen when the 5 period (blue) is oversold (below 30).  Sell Signal When the RSI 5 crosses below and becomes lower than the RSI 14, it means that recent prices are declining.  This is a sell signal. A 5 vs. 14 cross should occur when the 5 period (blue) is overbought (above 80).  Works well with Pivot Points Experienced traders may find that their trading performance greatly benefits from combining a RSI trading strategy with  ...
Read more