Trading strategy 1
we need to know the share float of the stock , insider holding , institutional holding . Some institutions holding is meant to manipulated the stock , working with hedge funds.
Before an entry make sure u entry at supply zone , a strong support range and set a stop loss if the support is break. Don’t just entry when a volume come in and u stuck at highest point of the pump.
If u don’t read charts , how to know if it a support or resistance?
usually I see 15min / 30min to see where is the stock trading price moving , a support is where most ppl feel comfortable to buy at this price and a resistance is most ppl feel a zone to take profit .
another way of tracking support is after running 30min and it is still holding the price , so basically u know the stock is not pump and dump .
usually for stock pump and dump there is no strong support it can’t even hold 5min .
I make a example of recently halt up crazy like ILAG
ILAG obviously the strong support is at 4 by looking at 50 moving average it’s an resistance and now act as support . why do ilag dump when hit 12 ? if u don’t look at the charts , most of the stock resistance near 12 if it doesn’t break or doesn’t hold 12 easily dump or should say ppl take profit and looking for re entry at support. If ilag hold 12 as support that is a buy for me and looking to test 20, then if u buy at 9,10,11 it is very awkward entry if 12 dont break dont hold. its more like gamble entry . or u can always sell before 12 and reentry if 12 break and hold .
Before an entry make sure u entry at supply zone , a strong support range and set a stop loss if the support is break. Don’t just entry when a volume come in and u stuck at highest point of the pump.
If u don’t read charts , how to know if it a support or resistance?
usually I see 15min / 30min to see where is the stock trading price moving , a support is where most ppl feel comfortable to buy at this price and a resistance is most ppl feel a zone to take profit .
another way of tracking support is after running 30min and it is still holding the price , so basically u know the stock is not pump and dump .
usually for stock pump and dump there is no strong support it can’t even hold 5min .
I make a example of recently halt up crazy like ILAG
ILAG obviously the strong support is at 4 by looking at 50 moving average it’s an resistance and now act as support . why do ilag dump when hit 12 ? if u don’t look at the charts , most of the stock resistance near 12 if it doesn’t break or doesn’t hold 12 easily dump or should say ppl take profit and looking for re entry at support. If ilag hold 12 as support that is a buy for me and looking to test 20, then if u buy at 9,10,11 it is very awkward entry if 12 dont break dont hold. its more like gamble entry . or u can always sell before 12 and reentry if 12 break and hold .
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I’m instinct based traders , I hate reading charts !
My prediction is magic!
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Www1999 : Thanks bro sharing. Really need your guidance, tag me when there is good stock and entry point, thank you
ZJ C : Tq for sharing Alvin! Ur experience definitely a good lesson for all of us especially newbie!
YYVE : Thank you Alvin I am learning From you daily
ZJ C : Bro, boleh +khawan? nak Tanya Sesuatu
Alvinnnnnnngenius OP ZJ C : Until now I don’t know where to accept it
ZJ C Alvinnnnnnngenius OP : I have same problem Previously until upgraded the apps then can accept
Alvinnnnnnngenius OP ZJ C : No wonder ! I just upgrade My app
AbhiRock : nice post @Alvinnnnnnn89
Idris19 : I’m taking Notes and learning. Thanks Alvin great Educational Post.
galvins : Thank you for sharing. I must learn more from you.