Wednesday, July 28, 2021

learnings from tesla trade

 I bought only 2 stocks

and the qty place is not well calculated

the simple calculation will be to roughly see where is your stop loss

and where you will sell 

then decide how many lots you want to buy

for example, the stop will be $2 away

I want to place $20 bet, it should be 10 stocks.


also, the bullish signal appear and you enter the trade

if there is no burst of energy upwards

no point staying in the trade

the purpose of the bullish signal is to hint that there may be a rush of buyers in

if it still go side ways, then exit



No comments:

Post a Comment