Trading Strategy with Support & Resistance: Where to Buy / Sell and Set Stops



Support and resistance trading seems simple enough but therein lies the greatest risk – complacency. That reason many traders make mistakes either with …

38 Comments

  1. In my opinion this is a very good lesson but I would complement it saying that in my experience it works if the resistance/support level is being tested for the second time maybe the third (depending on the volume), if you see that a resistance/support has been tested multiple times then a breakthrough is inminent.

  2. at 9:32 you shouldn't be a buyer due to the fact that when a support or resistance line (in this case a support line) is tested persistently, the more likely that level is to break.

  3. I am very new to investing in stocks. This is by far my favorite YouTube for trading. I have learned so much since I started watching. Thank you!

  4. I’m 4 days in using ‘real money’ I’m not going crazy with the deposit just pocket change. Weather it’s pure luck or this actually works I’m in profit by 7% 👍🏻 my aim is to build an account slowly so I have some funds to play with 😱

  5. Hi, I have a question. I don't really understand the logic (though I'm sure it exists) or stop losses. Surely if the market turns against you, you should wait for the recovery before selling? Or does this run the risk o closing your account? Also, I don't understand how/why it closes your account? Please could you answer these questions, thanks 🙂

  6. so when u buy a share at a price u but at if it drops below the price u baught at does that mean u have lost your share ……. can u just wait for it to pick back up …..im a bit confused lol

  7. If you're a long term investor and want to put in a buy order, and you have drawn your support level but the resistance is more of a zone rather than one level, where do you put in the buy order? At the top of the resistance zone or bottom?

  8. Blah blah, all stocks are different, you wanna be a winning trader? You had better teach yourself. No scientific or muddled approach will get you there, you gotta be a 🤩 or ☠️to your trading account…

Leave a Reply

Your email address will not be published.


*