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Hi all, I'm brand new here! I've been going through Als course, trying to absorb it all. I have a long, long way to go. Today I was trying paper trading on AMZN. It was a pretty wild day. I caught the first breakout bar up just fine. I missed out on ALL of the rest of it. I have a few questions.
--The move down. What would you have used for an initial entry if at all? I don't see any real signal or context that makes me think it's going to keep heading down. I saw the move up was weak and had two thrusts up and that was about it. I saw the triangle in the middle after the fact (UGH!). For the triangle, I believe the first entry was the bottom of the long bar that broke out?
--On the move up I was waiting for it to trace back down but it just took off up and up. What would you have done there?
Thanks in advance. A lot to learn yet!
Gregg
First go through the course completely and ingrain and understand fully well everything in it and then review the same course at least 2 -3 times after the first read. It takes time. Go Ahead !