Just remember the three 3’s. Once I wrapped my mind around these I started to feel the peace and see the gains. A million thanks to @RadioSilentplay. Here are the 3:
#1 Three reasons to buy a stock:
-Hot sector. Relevant to current times.
-Share structure = Amount of supply verses demand
-Chart Set-up which shows us price, pattern and time
These steps aid in “know what you hold”
-Hot sector. Relevant to current times.
-Share structure = Amount of supply verses demand
-Chart Set-up which shows us price, pattern and time
These steps aid in “know what you hold”
#2 Three bullets to enter a stock:
-The entry
-The pullback
-The executioner
You get in. You add to your position if there is a pull back because you entered the stock using the rule of 3 and you are confident. You finalize your predetermined position size.
-The entry
-The pullback
-The executioner
You get in. You add to your position if there is a pull back because you entered the stock using the rule of 3 and you are confident. You finalize your predetermined position size.