Well, it has been long that I have not share some of my sharing on the non technical analysis side as it is also part of the stock trading mechanism when it is not deployed , it is as good as losing a trade.
One scenario is..
When individual investors always look at the price of the stock and say " this is so low, I believe it will go up and rebound.." then press buy button... but in the end, it actually drops even more.. and move downtrend or sideway..
Why? Because without knowing the plan, do not trade. The scenario above will happen when we don't check the chart before hand and straight dive into making decision.
Thus, "Know your plan and plan the trade" is very important in order not to make wrong decision on trading the stock. Even now, if you have done so, exit,learn and check the technical analysis first before diving to the next stock.
Till then,
Star-Trader
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