Trading Journal 5/18
I didn't lose a big chunk of money yesterday! Thank God 🙏
Anyway, it is part of the trading journey. After reading the TA challenge articles, I think I should start using technical indicators to find buying & selling points.
$FuboTV(FUBO.US$
$FuboTV(FUBO.US$
The RSI and KDJ indicators showed that PFE had reached the oversold zone, and the BB indicator had broken the resistance, but I didn't sell PFE because the MACD indicator was in the bullish trend. I decided to sell it on 19 May because the KDJ and RSI indicators started falling with the overall market trend. It looks like this RSI+KDJ+MACD+BB strategy is working.
What should I do next? Keep watching PFE and wait for the next buy signal. Meanwhile, I will keep an eye on SQQQ and TQQQ. It looks like it is safer to buy indices these days.
$ProShares UltraPro Short QQQ ETF(SQQQ.US$
$ProShares UltraPro Short QQQ ETF(SQQQ.US$
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