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The #1 Indicator To Use During This Market Mania
Caterpillar
Long
The #1 Indicator To Use During This Market Mania
By lubosi
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Nov 7
4
Nov 7
Yesterday was a crazy market i haven't seen anything
like this in a long...time
I was so tempted to publish my idea
But I knew that you won't learn anything
from
market mania
it's after the market close
That's when you will calm down and learn
its easy to jump on the train during a market mania
This market mania was crazy
It reminds me of the pandemic days
during the shutdown.
The market went crazy..and now after this election
The market soared like crazy especially stocks like
this one...
CAT
Listen risk management is very
very important and there are many ways to manage
risk but this strategy am showing you
Is to help know when NOT to buy
a breakout
Look below this chart
You will see something called
a strength indicator
This indicator shows you how strong a trend is
You see when you are buying a breakout
it's different from when you are
buying cheap prices...
If you remember to buy cheap
the price has to be
below the 50 ...on the RSI
Now to buy a breakout
during a mania.
Do not buy after the 70 on the RSI..
This risk management will save your butt
out there in the markets no matter
what asset class you are trading.
My hope is that this indicator will show
you the key to risk management
because it's very easy to get caught up
Using the
rocket booster strategy
in the market mania and then you
start to think like you are a trading expert...
No my friend you are not a trading expert
until you master profit-taking and risk management
remember to manage risk using the
->RSI indicator
This is the number#1 indicator to use
during this market mania
Trade safe..
also, remember to combine this risk management
tool with the
rocket boost strategy
to learn more about the
rocket booster strategy
Check out the references below
Also remember to rocket boost this content to
to
learn more
about trading.
Disclaimer : Trading is risky
you will lose money whether you like it or not
please learn risk management and
profit-taking strategies.,.
Chart Patterns
tradingview
Trend Analysis
lubosi
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