Hi Mike, I was halfway through typing my question when I remembered a blog post similar to my original question: http://www.smbtraining.com/blog/how-do-you-determine-how-far-stock-can-move I was wondering if you’ve found any statistical information by back-testing the above since then. For me personally, I first find important support/resistance levels on a stock & after that do I then consider the likelihood of those support/resistance … Read More
Part of Being a Successful Trader
For those of you who trade as part of a desk I’m sure you have heard expressions like these a thousand times: “I can’t believe I missed that move in XYX. I was wating for that breakout for a week!” “I got stopped out in ABC then it took off!” “I missed getting hit on the bid by a penny … Read More