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mccarthyj12
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Everything posted by mccarthyj12
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I just wait for setups like the one for SWN and trade those. I just stick with one setup and try to master it. No fundamental analysis here. What strategies do you use?
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I went to an online trading academy seminar where they gave away tid bits of information to get you to buy the courses. Though I didn't buy the course, I did take away some important tips. I would also like to hear from some stock day traders. Thanks for the feedback : )
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By amateurs, I mean players who don't know what they're doing. I once attended a seminar that said you can tell when the amateurs are buying when the stock goes straight up and up and up without retracement. Well for example stock SWN opened lower today and headed straight into resistance at 42.85 and turned around. I'm guessing this is where all the pro's got in and sent it lower... what do u think?
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I'm trying to figure out if you can look on a chart and see who's buying the stock? Is it the amateurs or the professionals? where is the safest place to place a buy order on the chart? I want to be trading on the professionals side. If anyone can help, I'd appreciate it.
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Hello fellow trader, I noticed in one of your posts that you said you graduated from the online trading academy and I was wondering if I could pick your brain a bit : ) I look forward to talking with you