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RE: The Best (And Most Profitable) Stock Trading Tip You Will Ever Get. By Gregory Mannarino
After opening a straddle, how much do you wait for the price to move before closing the call or the put? What if you close too early and the price movement did not go as expected?
That's when second order trading experience comes in. Most traders use near term resistance/support levels or moving averages or Bollinger bands. About this, your experience on technicals is key. Coupled with risk appetite, toughness of balls, you got to find your equilibrium.
How much time is needed to be a trader. Is it full time watching and acting or can it be done within your everyday life?
That depends how smart u are. Really. As long as it takes for u to be comfortable with your demo performance without needing to shit your pants every now and then. If u can't achieve that with your efforts u can afford, just get some physicals or stable mining shares.
Thanks. I know you are watching our backs and appreciate that.
Good question!
Exactly! Stocks move in straight line @ ive commited up, it reverses and yer stuck takin loss or waiting fer gd news
Stocks (dont) move straight line i meant