I get into trades with the knowledge that I know nothing and neither does anybody else...
Ask yourself this; if someone rally knew where a stock was going would they really be on this board?
All you can do is make an educated guess.
All charts/comments strictly for information and educational purposes only. Suitability, specific circumstances not taken into account. Comments/posts are idea generation only, do your own due diligence.
Warrior Trading is a community of professional traders working together to generate ideas, post breaking news, and educate beginner traders. I run a live audio/screenshare feed into my office so anyone that wants to watch me trading can stop by
Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.
Trading equities and options on the basis of finding fundamentally undervalued/overvalued companies that have a technical setup and using options to capitalize on the short term swing trades. Vertical spreads, Iron Condors and Diagonals