Stan Profile picture
#ASX charts & TA comments without nonsense. Get in at or near a base tight stops never chase. My chart read opinion only so please do your own research
Jul 6, 2022 4 tweets 2 min read
@Hoss35113422 Professionals buy at support - it's called wholesale because it's the the best price and the lowest risk price. It's where they perceive value & they are big enough to defend & even compound their positions if price returns there. @Hoss35113422 That's why it's low risk and it's where you need to buy - they'll defend your STOP for you. Retail buys late in the rally when professionals are selling. They are too weak to defend the price they paid and are easily stopped out as the price reacts back towards....
Jul 6, 2022 18 tweets 3 min read
I don't usually comment or advise on how one should trade (both trade entry and ongoing management) to aid and abet people blowing their $'s. However there's no single Holy Grail or magic secret so most will probably ignore these comments.... Nor am I trying to tell people how to trade because there's many ways to skin the cat so I’m not interested in debate or discussion about my techniques. It's what I’ve been doing for years - they are what they are AMEN...