GREY:NEVDQ - Post by User
Comment by
Notgnuon Jun 30, 2021 1:33pm
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Post# 33473897
RE:RE:RE:RE:RE:Price action
RE:RE:RE:RE:RE:Price action betteryear... you will have a badyear one day when you have to pay capital gains tax other tha that this is bagoooon time. I have been buying all day long. I don't mind buying at these discount prices for now. Patience willbe rewarded.
N
betteryear wrote: What is Price Action?
Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analysis of a stock, commodity or other asset chart. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions.
KEY TAKEAWAYS
- Price action generally refers to the up and down movement of a security's price when it is plotted over time.
- Different looks can be applied to a chart to make trends in price action more obvious for traders.
- Technical analysis formations and chart patterns are derived from price action. Technical analysis tools like moving averages are calculated from price action and projected into the future to inform trades.
https://www.investopedia.com/terms/p/price-action.asp
I have been buying all day long. I don't mind buying at these discount prices for now. Patience willbe rewarded.
Buffett’s Only Two Rules For Investing…
“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” – Warren Buffett
“Price is what you pay. Value is what you get.”
In other words, don’t focus on short-term swings in price, focus on the underlying value of your investment.