A Didactic Example of Casting a Buy Ladder

in #tron6 years ago

SUMMARY

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Laddering is a way to avoid buyers' or sellers' remorse. It's not exactly dollar cost averaging which is mostly based on time span but rather designed using local support and resistance regions. This technique has been far more effective than a single transaction purchase or sale soley because it allows a better management of emotion and psychology.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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I never saw the movie, but when I heard Jake Gyllenhal and Tobey McGuire were cast as brothers in Brothers I bought it.

I first heard laddering. Is it a way to weave near points of resistance close to the point of resistance? Very interesting. I think it will be useful for long-term trading or swing trading. Thank you for the information.

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Hello @haejin i like your concept of not being advisor and then also providing good tips.Thank you and keeping doing it.

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                 - sujon05


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