Hey there! I am completely new to the idea and realm of trading and was wondering if you had any tips or pointers to help me get started. Also any resources that you used besides the lessons on here to get started. I'm trying to even understand some of the wordage in this post. Resistance at 6.00? Higher lows? 6.35? Is that meaning 6.35/share? So you got out with 200 shares? 100 at 6.95 and 100 at 7.00? Thanks
Resitanc an Support are price points in which a stock trends between. Once it breaks one of these points it usually is a indication of where stock is headed. Granted other factors come into play such as volume, news, etc. I use finiz to stock screen in the am as it gives me the stocks with unusual volume and top gainers and losers. I recommend reading a couple of quick reads ( Andrew Aziz Day trading for beginners, and Mark bressett books) both can be found on amazon and breakdown trading in to
Hey there! I am completely new to the idea and realm of trading and was wondering if you had any tips or pointers to help me get started. Also any resources that you used besides the lessons on here to get started. I'm trying to even understand some of the wordage in this post. Resistance at 6.00? Higher lows? 6.35? Is that meaning 6.35/share? So you got out with 200 shares? 100 at 6.95 and 100 at 7.00? Thanks
Resitanc an Support are price points in which a stock trends between. Once it breaks one of these points it usually is a indication of where stock is headed. Granted other factors come into play such as volume, news, etc. I use finiz to stock screen in the am as it gives me the stocks with unusual volume and top gainers and losers. I recommend reading a couple of quick reads ( Andrew Aziz Day trading for beginners, and Mark bressett books) both can be found on amazon and breakdown trading in to
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