/biz/ - Business & Finance

>>20160299
just recently started looking into stocks with my NEETbux because I'm back to school after having a couple gap years as a dead-end wagie, my first exposure was losing a lot of money with the weed bandwagon a couple years ago.
Following the RSI to time when to buy in went pretty well for me with RioCan. Go figure that the stock price would crash as it started dipping into overbought territory, this is when my trailing stop saved my ass when I was feeling greedy thinking it could continue to trend upwards for longer in overbought territory.

obviously take indicators with a grain of salt, especially the more complex and convuluted they become. But the RSI is pretty damn basic and still gives some insight in a clown market. Just don't use it to buy into a "dip" in a dying stock.