+240
I made a bunch of mistakes which cost me some good profits. I had 50 cents profits in both HRL and SJM on my 300 share positions but ended up making nothing. Most of the time when I let my trades run they come back and I lose my nice profits. Then the trade that I should hold on I take profits too soon because I was afraid it might do a HRL and SJM on me. Look how CCU ran.
4 comments:
Can't tell from your charts what moving averages you are using, but I found when a new price bar is not anchored (i.e. touching) the EMA(4), then the price is going to reverse nearly every time.
Looking at the reversals in the charts, they occurred each time the bottom of the price bar lost contact with the moving average.
great post OBAT.
Quentin
Blue line = 5 sma
Red = 20 sma
purple = 50 sma
orange = 200 sma
I experience the same problems all the time too. I let it run to long or take it out to short.
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