Rookie Swing Trader Journal August 31, 2021
What did I learn from Adam Khoo's Momentum Investing Course today? Scroll down to see my notes. How's ETH today? ETH-USD $3422 (binance.sg) When to sell? when to buy? How's my purchasing power today? I can buy 2 stocks using Moomoo . Is it a good day to buy stocks? Look at the S&P 500 hourly chart ... Is the 10 SMA above the 30 EMA? Yes Is Williams %R (3) less than -80 (oversold)? Yes Is the ADX momentum indicator above 25? Yes https://www.swing-trade-stocks.com/market-timing.html If everything is Yes, buy! ...BUY! ⚠️ Once you bought a stock, trade the chart of the stock itself and forget about the market... What stocks to buy? Combine ST and MI strategies. (MI) Buy undervalued SP500 uptrend stocks... PEG less than 1... https://finviz.com/screener.ashx?v=111&f=fa_peg_low,idx_sp500,ta_sma20_pb,ta_sma200_pa&ft=3 (ST21) See below Buy SBUX at $115.10? Which stock in hand can I sell? 12 stuck stocks at...