Congratulations to trader who bought it on premarket. Don't hesitate to buy when the stock have momentum.
Many trader fail to gain profit without any strategy. Many trader trade by guessing and randomly show hand in one basket.
Many trader also wondering why when they buy the share price and the share price keep on going down and down. Reason is because pro trader make use of your 'buying pressure' and sell off their share to gain profit. Make sense ?
So no matter what. If you going for a real trading. Plan a strategy to trade because many pro trader out there have their own strategy.
My strategy of trade
- Using candle stick to give a direction whether to buy or sell.
- Positive news give a good probability to buy the stock. but take note that positive news can become "Buy and sell the news".
- if there is a few momentum stock to trade. Pick the highest probability by using candle stick method and put in more money to trade on the momentum stock. Do not put all money into 1 basket !!!
- Buy during premarket will have the advantage if you are from Asia country. When we trade during premarket timing in singapore time , Europe country is still sleeping
- take note of 7pm to 9pm SG time. This is the time frame when buying and selling pressure will slowly come in for trading.
Thank me if you use this strategy to trade and gain profit
Join me for daily scalp , day and swing trade on Momentum stock
Follow me , Follow momentum
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