Rookie Swing Trader Journal September 2021
How's ETH today? https://finance.yahoo.com/quote/ETH-USD?p=ETH-USD ETH-USD when to buy? $3155 When to sell? How's my purchasing power today? I can buy 0 stock using Moomoo . https://j.moomoo.com/007p5j Is it a good day to buy stocks? Look at the S&P 500 hourly chart ... Is the 10 SMA above the 30 EMA? No Is Williams %R (3) less than -80 (oversold)? Yes Is the ADX momentum indicator above 25? Yes If everything is Yes, buy! ...no! ⚠️ Once you bought a stock, trade the chart of the stock itself and forget about the market... Reference: https://www.swing-trade-stocks.com/market-timing.html What stocks to buy? Buy 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 Also, check intrinsic valuation here... https://simplywall.s...