This market is starting to feel like 2019-2020 all over again, where I was trying to get in and out of swing trades but the market moved faster than I was able to set my positions. (I admit, I over-analyze...)
What I have learned since then is to allocate based on EMA/MA and I am more likely now to be swing trading 10% of my profits. Bottom line, is this market will move faster and faster as retails traders re-enter. I'm not risking my entire position trying to catch a knife.
As far as where we go from here... I'm watching the moving averages and not trying to out-think the market. Let's see what happens this weekend.
Not financial advice at all, so please do your own research.
What I have learned since then is to allocate based on EMA/MA and I am more likely now to be swing trading 10% of my profits. Bottom line, is this market will move faster and faster as retails traders re-enter. I'm not risking my entire position trying to catch a knife.
As far as where we go from here... I'm watching the moving averages and not trying to out-think the market. Let's see what happens this weekend.
Not financial advice at all, so please do your own research.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.