Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

eldad

How to Trade This?

Recommended Posts

Hi,

 

On Monday I had on my list 2 stocks HNT and CNC both went lower in an amazing move to the down side, from the open till the close, but I couldn’t find an entry point,

 

When I say an entry point I speak about a place I would get short and I will place a stop that will means an end to the down trend for me while at the same time want be too big so i could reach profit targets,

 

This type of movement is the worse for me even though it should be the best because this is the place to learn but all I can think is here I have a stock that do exactly what I though, it get lower, a clean down trend, but I have no entry place I can feel certain with, no place to draw the line,

 

This is why I bring this question to the public to all of you there to see if you can give me any help here, any idea will be more than welcome you can see the attached graphs,

 

Thanks a lot for any type of comment idea

 

Make the odds in your favor Day Trade,

 

Eldad Nahmany

5aa7125296788_stocktwitscnc.thumb.png.4e14052a04e8be69f2f70e9d6895f613.png

5aa71252ae3b5_stocktwitshnt.thumb.png.8e7c12f16e8d52b7d5d90d953d469524.png

Share this post


Link to post
Share on other sites

HNT shot up from 65 to 77 in one day last week. Now it's back where it started. To wait until the move is nearly over is not the best course. To find an entry, look at the 2nd.

 

Ditto CNC. Short the failure. Don't wait until it's already down 20%.

Share this post


Link to post
Share on other sites

Thanks a lot,

I am day trader any recommendation how to play it in the intraday move? it went quite nice till the end of day,

when you talk about the failure can you please explain a bit more where and when?

Eldad

Share this post


Link to post
Share on other sites
Hello, i am new here and also new to trading. As I want to trade in Gold and Silver, But i don'r know how to start and from where to start. Can anyone help me in showing some basic tips to Trade.

 

Sure we can help you. For a start go there https://www.hotforex.com/ru/account-types/hotforex-demo-account.html and register demo account. There you can try to trade absolutely free, test basic trading strategies which come in mind, test someone's signals and just have fun watching how virtual losses or profits float ;). After reading a good deal of recommendations there at forums, educational websites such as Forexpeacearmy Military school you can start with cent live account grabbing or losing your first cents (or bucks) on forex market.

Share this post


Link to post
Share on other sites
Hello, i am new here and also new to trading. As I want to trade in Gold and Silver, But i don'r know how to start and from where to start. Can anyone help me in showing some basic tips to Trade.

 

See the post above yours.

Share this post


Link to post
Share on other sites
HNT shot up from 65 to 77 in one day last week. Now it's back where it started. To wait until the move is nearly over is not the best course. To find an entry, look at the 2nd.

 

Ditto CNC. Short the failure. Don't wait until it's already down 20%.

 

I agree with you. This shall definitely work

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • @sxiqxx, Well done on making your first post a promising strategy. @everyone, post up if you want this coded into an EA. Although I switched to TradeStation, I still have an active MT5 demo with MetaEditor. I can code it without referencing object oriented programming which should be retroactively compatible with MT4. Let me know...
    • Please allow me to retort (in jest): RESPONSE 1 : Get a job supervising others where you're in control of performance reports and ride those others 100%. This makes your performance 100% with little to no effort.   RESPONSE 2: Feel free to piss off your boss but stay nonviolent. When the side effects of his viagra and testosterone boosters cause him to physically assault you, you have the legal upper hand. This can result in a boatload of trading capital.   RESPONSE 3: Feel free to have intimate relations with your boss if she finds you attractive. Rest assured that mum's the word because once again, you have the legal upper hand. This can also result in a boatload of trading capital.   RESPONSE 4: Don't be fake friends with any enemies... unless you need information from them. Being fake friends with everyone will cause you to become an empty shell of a person with no direction in life.   REPONSE 5: Get your boss to become reliant on your performance (really, just the performance of your subordinates), and then plan an "overheard" conversation wherein you fake an interview with another potential employer. You'll probably get a pay increase or a promotion.   RESPONSE 6: If you can give your 75% percent to a project, give 50% and rely on your legal upper hand(s). Learn to write trading algo's during your other 50%.   RESPONSE 7: Take all of the office boys out to nightclub where you merely sip soft drinks on a weeknight. Upon your return to the office in the morning, inform the security guards that all of the office boys are intoxicated. Your boss will love you for it.   RESPONSE 8: Never try to prove your client wrong or find faults in their processes, but do secretly collect their information in case you jump ship or "someone you know" decides to start his own company.   RESPONSE 9: Never stay in a firm for too long. Instead, use your ill-gotten capital to exit the rat-race and start trading.   RESPONSE 10: Trading pays more than your career. Interpersonal skills are now irrelevant. Use your technical skills for trading. Never stop learning and keep updating your technical skills.😁
    • There are a lot of trading strategies like elliot waves, wyckoff etc so we need to apply those who best suited to our need and are understandable too.
    • Scalping can be good during the high volatile markets however the new traders should be careful while entering and exiting the markets too quickly since they can make losses as well. If the broker support news trading we can make most out of the scalping in my opinion.  
    • In my opinion these candlestick charts are more easier to understand as compared with the other charts.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.