My Ideas for the coming days...
Released on December 19, 2020
Best performance of my Free Ideas
Worst performance of my Free Ideas
$PYPL. Broke the pattern +10%
$ETSY. Broke the pattern +10%
$ATVI. Broke the pattern. Now +17%
$AMGN. Bounced back from the downside of the channel. Now +6% even so is still inside the triangle
Summary of the week
I closed the week with the following positions still open :
$DKNG | $REGN | $MSFT | $ARRY | $PYPL| $EBAY | $V
The following are my trading rules.
- Earnings news are unpredictable. Always stay out of any stock which is going to have earnings tomorrow.
- Don't average down. Close the position instead.
- Don't predict, don't hope, don't try. Just read the chart and follow your setup
- Don't follow a setup you can find online. Take it, study it, make it your, or you will be unable to handle it the price doesn't move the way you wanted.
- To catch the dip is extremely dangerous and very difficult. Always wait for a bullish sign.
- Don't put a stop higher than 3% or 4%. Find another setup instead.
I am not giving financial advices, I just post the ideas I will follow on the coming weeks.
Check my webiste for other basic rules I follow at http://www.theextraincome.info
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