Highlights of the book 'Stock Chart Short-Time Trading' (summary)

  1. You should sell when everyone is optimistic.
  2. Invest, not speculation -> The stock market is not a casino. Buying and selling stocks every time the stock price moves 1-2% is a gamble.
  3. The reason why the rsi of 70 and 30 is taken as reference points is that there are neither stocks that keep rising nor stocks that keep falling.
  4. Buy when it breaks away from the lower limit
  5. 1) Look for a chart that is trending down, sideways, and rising 2) Buy when it touches the 20-day line after the first rise and then comes down slightly 3) Buy when it goes down and touches the 20-day line after the first rise






book link

Comments

Popular posts from this blog

Explains why swinging is better for beginners than single hitting in coins.

How to deal with problems that may arise during development

Why you're a fool if you don't open an ISA account in Korea.