Non-chart short-term trading I don't believe in technical c...
Non-chart short-term trading
I don't believe in technical charts because market psychology and trends are constantly changing, and charts cannot predict external events that impact specific companies. Instead, my short-term trades start with identifying upcoming events that will impact stocks, such as earnings releases, product launches, etc. For example, if Company A releases earnings, I will buy call options or establish long positions two weeks ahead, depending on my assessment of whether the earnings will exceed or fall below market expectations. Once the earnings are out, I close my positions. Another example is trading based on anticipated significant events. To illustrate this point,$Astra Space (ASTR.US)$another rocket will be launched in January 2022. A successful launch could boost the stock price, and vice versa if the rocket fails. Because I am optimistic about their expertise in designing a successful launch, I will accumulate their stocks two weeks ahead and sell them after knowing the launch result.
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