Friday 31 December 2021
As it's year end it is a good time to do some post analysis of your best and worst and trades of the year. Take some time to analyse your worst trades especially to learn from. What were your entry points, position sizing & stop positions. How did you manage the trade etc.
An often forgotten aspect of the post analysis is what were the market conditions at the time, and how did the stocks group look in terms of RS ranking etc. Don't just look at the stock, as as we know, the market and group are major contributing factors to a successful trade.
$HUT intraday 2 hour chart starting to develop a Stage 1 base around the 200 day MA
$ZETA from the watchlist tightening up around the 50 day MA and just under the IPO day close level, with a intraday chart Stage 1 base forming.
Anchored VWAP from the high at 8.82 and near term pivot at 8.79
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.