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RE: Trade Opportunity Panic Dive SingularDTV (SBGLS)

in #trading7 years ago

i think the problem is your alerts... you have to set the alert where you might buy.. so draw your base and set your alert for well below it, and then when you get an alert it will be time for action.. The problem you are having is, that most bases hold.. and there is no panic.. but buying into that panic is the safest area.. so you have to wait for the panic..
Let me try to explain it another way.. if you see something drop, you really dont know the story? why is it dropping? who knows.. But when a base gets cracked and then traders panic out, right after a crack, then you do know the story. Its a panic due to a base crack and thats usually an overreaction... so you need that narrative ..

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Awesome explanation thank you