$SIA (C6L.SG)$ What's wrong today? Did you eat something wrong? I've been uncomfortable all morning.
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$SIA (C6L.SG)$Goodbye 6.80, see you tomorrow.
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$99SMART (5326.MY)$ It's up to the 99s to buy cars and houses 🤤🤤🤤🤤.
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TA Challenge: How does RSI tell whether your stock is overbought or oversold?
Post your learning results by taping the discussion: How does RSI tell whether your stock is potentially overbought or oversold?
Hi, mooers!
The 3rd TA challenge is live!
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$SIA (C6L.SG)$ Tomorrow is 6.8.
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$NVIDIA (NVDA.US)$ Come on, keep it up.
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$SIA (C6L.SG)$ $Genting Sing (G13.SG)$ $FTSE Singapore Straits Time Index (.STI.SG)$
This is an unsolicited article.
Personally, I have observed that most traders on the internet always like to buy in when prices are falling, which can lower the average price. This method is actually a commonly used trading method called dollar-cost averaging (DCA). However, almost all traders who unintentionally use this method make a fatal mistake: they don't have profit targets and stop loss targets.
The end result of this mistake is always: You won a cup of coffee but you lost a coffee shop.
Because first of all, most people's judgment of "dip" is often based on subjective awareness, with almost no indicators to assist in judgment, that is, "I think it's cheap now, I should buy some". So it is very difficult to determine the success rate of this method, and traders do not have a specific idea whether they are really buying cheap or buying at the highest price.
So someone might say, "As long as I keep buying cheap, my average..."
This is an unsolicited article.
Personally, I have observed that most traders on the internet always like to buy in when prices are falling, which can lower the average price. This method is actually a commonly used trading method called dollar-cost averaging (DCA). However, almost all traders who unintentionally use this method make a fatal mistake: they don't have profit targets and stop loss targets.
The end result of this mistake is always: You won a cup of coffee but you lost a coffee shop.
Because first of all, most people's judgment of "dip" is often based on subjective awareness, with almost no indicators to assist in judgment, that is, "I think it's cheap now, I should buy some". So it is very difficult to determine the success rate of this method, and traders do not have a specific idea whether they are really buying cheap or buying at the highest price.
So someone might say, "As long as I keep buying cheap, my average..."
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I like the taste of old-fashioned coffee.
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