/biz/ - Business & Finance

>>245736
Hey buddy.

Literally the only legit advise I've heard on /biz/ thus far.

Why do you pick 20 as your day trading average?

What are your triggers in finding a strong price signal? When it hits below 30 RSI?

A stop loss 5 days previous? I don't understand this one. I usually put stop losses at what I think I can afford to lose. So if I buy $1000 worth of shares, I limit my stop loss to maybe $150-$200 of a loss, so if my shares all of a sudden become $800, I'm out. Is this is a good strat?

I get attached to stocks, I really shouldnt. When I buy, then go down. When I sell, they go up.

Pandora was hovering around $30 for several months. Said fuck it, sold, and it went to $35 the next week.

Alternatively, I tried a "buy the fucking dip" of $GGS. Several days later they went bankrupt and their ticker was gone and I was locked out of my shares. But now, they're back as $GEGSQ, and while I'm out a couple hundred $$, I've got a feeling this will pick back up.

Take care of never making a big loss - could you please elaborate? This goes back to your stop lose suggestions?

Once again, 10/10 quality post. Thanks.