Trader psychology is perhaps the most important aspect to learn as a penny stock trading beginner. Indicators and patterns etc only work IF people use them. So it's more advantageous to learn how the 5 major penny stock players THINK. I break down trading psychology of breakout traders, dip buyers, momentum traders, swing traders, and short sellers using $ABIO stock as an example. Time stamps: 1:00 - Breakout traders psychology 2:28 - Momentum traders 3:43 - Short sellers 5:46 - Dip buyers 7:30 - Swing traders 8:55 - What do all these traders THINK at the market open after an overnight gap up? 11:06 - Stock charts represent psychological emotions of traders buying and selling
Saturday, June 29, 2019
Intro to Penny Stock Trading Psychology - Day trading for beginners ($ABIO Stock)
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Trader psychology is perhaps the most important aspect to learn as a penny stock trading beginner. Indicators and patterns etc only work IF people use them. So it's more advantageous to learn how the 5 major penny stock players THINK. I break down trading psychology of breakout traders, dip buyers, momentum traders, swing traders, and short sellers using $ABIO stock as an example. Time stamps: 1:00 - Breakout traders psychology 2:28 - Momentum traders 3:43 - Short sellers 5:46 - Dip buyers 7:30 - Swing traders 8:55 - What do all these traders THINK at the market open after an overnight gap up? 11:06 - Stock charts represent psychological emotions of traders buying and selling
Trader psychology is perhaps the most important aspect to learn as a penny stock trading beginner. Indicators and patterns etc only work IF people use them. So it's more advantageous to learn how the 5 major penny stock players THINK. I break down trading psychology of breakout traders, dip buyers, momentum traders, swing traders, and short sellers using $ABIO stock as an example. Time stamps: 1:00 - Breakout traders psychology 2:28 - Momentum traders 3:43 - Short sellers 5:46 - Dip buyers 7:30 - Swing traders 8:55 - What do all these traders THINK at the market open after an overnight gap up? 11:06 - Stock charts represent psychological emotions of traders buying and selling
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