πHow to Trade a Stock after you Missed the Move π
We are happy in our World, satisfied with what we were trading and suddenly everyone is talking about this 1 stock which moved by 30-40% or more recently and we feel so Bad that we missed it.
#HINDZINC was 1 such example.
The stock never gave a low risk entry to Traders and skyrocketed. It broke a 3 yr old Resistance and paid no respect to the levels.
Please Like π©·
& Repostππ
Now, we just watch it, feel bad about it and move on by removing it from our watchlist.
WAAIIIT.....
See what could have been done.
π But 1st Bookmark this thread for Later π§΅
We are happy in our World, satisfied with what we were trading and suddenly everyone is talking about this 1 stock which moved by 30-40% or more recently and we feel so Bad that we missed it.
#HINDZINC was 1 such example.
The stock never gave a low risk entry to Traders and skyrocketed. It broke a 3 yr old Resistance and paid no respect to the levels.
Please Like π©·
& Repostππ
Now, we just watch it, feel bad about it and move on by removing it from our watchlist.
WAAIIIT.....
See what could have been done.
π But 1st Bookmark this thread for Later π§΅
The Stock Takes a Breather:
Keep watching this stock closely and wait for it to retrace, so that the 9/10EMA catches up with the price.
Once this happens, be very vigilant about the chart now. We might get to Ride it soon.
Keep watching this stock closely and wait for it to retrace, so that the 9/10EMA catches up with the price.
Once this happens, be very vigilant about the chart now. We might get to Ride it soon.
Wait for Signs of Contraction:
A Trader's best friend is contraction (Tightness), and if it happens near Key Moving Averages (KMAs), that's the best.
In this chart, we would have gotten our 1st opportunity after the breach of Mini coil and the 2nd opportunity after the break of Inside Bar formation right at the top of the chart.
A Trader's best friend is contraction (Tightness), and if it happens near Key Moving Averages (KMAs), that's the best.
In this chart, we would have gotten our 1st opportunity after the breach of Mini coil and the 2nd opportunity after the break of Inside Bar formation right at the top of the chart.
The Move and the Groove of the Stock:
Now that we got our low risk entry, we wait for the magic to happen, patiently.
Within 5-6 days of our entry, the position would have been in safe zone, now, it is up to us to Manage the Trade properly.
I'd have booked 35% to 50% position on the Big Candle.
I'd have patiently trailed the remaining Quantity with 10/20EMA because I am no one to tell the stock that you can't go up any more. It will go where it wants to go, I can just follow my process.
That's it from my side today. If you genuinely got to learn something and want me to continue writing such posts, go back to the 1st post and Repostπ to help me reach More Learners like you.
If you have any doubts, ask them in the comments below, I'll try to answer each query.
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Now that we got our low risk entry, we wait for the magic to happen, patiently.
Within 5-6 days of our entry, the position would have been in safe zone, now, it is up to us to Manage the Trade properly.
I'd have booked 35% to 50% position on the Big Candle.
I'd have patiently trailed the remaining Quantity with 10/20EMA because I am no one to tell the stock that you can't go up any more. It will go where it wants to go, I can just follow my process.
That's it from my side today. If you genuinely got to learn something and want me to continue writing such posts, go back to the 1st post and Repostπ to help me reach More Learners like you.
If you have any doubts, ask them in the comments below, I'll try to answer each query.
Follow me
@maihoonSaurabh
and don't forget to Press the Bell Icon on the Profile Page to get instant updates!
Join our Telegram:
t.me
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