Struggling to differentiate between a good and bad entry when trading? Here's a quick tip to help you spot the difference!
In a volatile market, it can be tempting to jump in when a stock is extended from VWAP. But if it's also near a support area, don’t rush your trade. Volatile moves often fail at first, and buying too soon could lead to getting stopped out.
Instead, wait for the price to break below support and then reclaim it. This cleaner entry helps you avoid choppy price action and gives you a more reliable setup for success. #daytrading #tradingtips #stockmarket #VWAP #tradebetter
In a volatile market, it can be tempting to jump in when a stock is extended from VWAP. But if it's also near a support area, don’t rush your trade. Volatile moves often fail at first, and buying too soon could lead to getting stopped out.
Instead, wait for the price to break below support and then reclaim it. This cleaner entry helps you avoid choppy price action and gives you a more reliable setup for success. #daytrading #tradingtips #stockmarket #VWAP #tradebetter
- Category
- Trading Online & Forex Online
- Tags
- day trading, stock market, buy stocks
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