Short term trading
I am new in trading….not sure if I reply correctly…pardon me if I am wrong.😅
First, I try to understand the trend from the chart (5 years down to days), then try to target a buying price for the stock. I also monitor on the RSI and KDJ patterns flows (not sure if I am correct😬).
Example: $Advanced Micro Devices (AMD.US)$
First, I try to understand the trend from the chart (5 years down to days), then try to target a buying price for the stock. I also monitor on the RSI and KDJ patterns flows (not sure if I am correct😬).
Example: $Advanced Micro Devices (AMD.US)$
I brought it when is on the way up on 10-Nov at $141 and sold it off on 23-Nov at $159.50. This is my 1st experience in trading that have profits, not so sure if I am correct or I am lucky. Do correct or advise me on it. Thank you.
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