RE: Trade like a profesional, with no emotions + building small accounts

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Trade like a profesional, with no emotions + building small accounts

in trading •  8 years ago 

Hey Luc,

Greetings from Ireland :) - Thanks for your amazing videos! I have made a few successful trades (first time trading anything) by watching your videos!

Can you take a look at this chart to see if I am going the right direction. If I am reading this right there is quite a strong base at this level once is cracks I am thinking of putting in my buy orders at the last circle. What do you guys think?
Any advice would be great!

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i dont put much faith in old support lines, only current ones.. so i wouldnt draw a base line that far back.. and then you are also looking at a low low volume coin.. so the base lines mean even less.. I would say that your circle has a high high high chance of profiting, but basically any new low would have the same chance of profiting on a chart that low volume.. if you look at he chart over the past month there is not one new low that wouldnt have worked.. no need for bases with this chart

Thanks for ur comment and feedback Luc!! :)