Do you have balls?
In the comment section on this video share how by being able to read charts you can avoid the shit shows that are right around the corner and that no one is predicting until after the fact.
Post answer on YouTube
Do you have balls?
In the comment section on this video share how by being able to read charts you can avoid the shit shows that are right around the corner and that no one is predicting until after the fact.
Post answer on YouTube
After a strong growth if you see consecutive bearish candles it’s probably a strong indicator that the stock is getting ready to drop and it’s time to get out, especially if you’re already up
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Being able to read charts and read the indicators that show if a particular chart, or the market in general, is showing signs of strength or weakness. As explain in the video, Shakes ability to see the moving averages’ position relative to the price of the stock let him know that he needed to take off risk, and saved him a ton of loss and headache when the market dropped. Near every, and possibly every, video shows where his strength lies in the ability to see the pattern of the price and when people’s behavior is going to buy into into.
Being able to read charts allow you to anticipate what the market is probably going to do. Looking at the moving averages like the 8 day and 21 day and weather they act as support or resistance. and looking for consecutive candles like the bearish candles and drawing channel lines. All these indicators indicate that a shit storm is brewing and trading will become tough. It is better to get out of the market for a wile so sell off early enough so that you do not loose too much money. In any case moving your stops up regularly will sell off in a case like this, but some share gapping down may not trigger your stop so keep your eye on your investments regularly.