As a retailer you would have been probably stopped out below the support that i have marked below as a blue line. In reality it was a well planned move to the upside.
I am a retailer and I made a lot of money in that one just by using chart patterns. Maybe you are talking about some beginner or something. Why make fun of them?
goutham_45
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@Rocketman not making fun of anyone here , I’m talking some sense and I hope you understand it so that one day you don’t fall prey to those traps ... this is not for making fun but to educate the uninitiated
Lakhdata
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@Rocketman I also think so he is a good player who is actually know how to play with words
Rocketman
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@Lakhdata, We can name a few millionaires (or billionaires) that are or were retail investors that use chart patterns,support/resistance, Elliott Waves, volume (or order flow like just looking at the ticker tape or volume) Warren Buffet, Peter Lynch, William O'Neil, Adam Grimes, Dan Zanger, Thomas Bulkowski, George Soros, Nicolas Darvas, all of these millionaires (or billionaires) use chart patterns, support resistance and the same thing we are all using. Do not be fooled. Read books buy these guys. It is all free. You do not have to buy from me or anyone. All your mentors are right there in those books. They have proven themselves.
UnknownUnicorn9513954
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well I really want to know how you analysis and how it is different from the normal trend analysis or what you say retail trade
Rocketman
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@beingashu255, @beingashu255, It is al the same thing. You can stick with reading books by institutional investors, Warren Buffet, Peter Lynch, William O'Neil, Adam Grimes, Dan Zanger, Thomas Bulkowski, George Soros, Nicolas Darvas, all of these millionaires (or billionaires) use chart patterns, support resistance and the same thing we are all using. Do not be fooled.