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Buy Low, Sell High Strategy - But what is Low and High? πŸ‘‡β˜

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Buy Low, Sell High - what does it mean? http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! A Look at the Buy Low, Sell High Strategy. How do I buy low and sell high? Can you time the markets? Buy Low, Sell High - But what is Low and High? We've all heard this phrase; buy low, sell high - sounds great in principle if we do this everyday but how do we define 'low' and how do we define 'high'? Why? Because one investor's perception of the market and another person's perception of the market might be completely different. One guy might think a stock is a buy, another might think its a short! How do we know what's low and what's high? We can use good old fashioned support and resistance levels. By using support and resistance levels that have been reached a number of times in the past we are ultimately letting the market dictate to us what is low and what is high. High is defined as a level where the price has struggled in the past and low is also defined at a level where the price has struggled in the past to the downside. We can also have trendlines and channels so as to have dynamic support and resistance levels. Related Video: Why is Trading So Hard? Buy Low and Sell Higher. What is so Difficult about That? πŸ˜“ https://www.youtube.com/watch?v=hNZNxAmOdVs
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Text Comments (5)
fred shortname (8 months ago)
Easy way of explaining things!!! Often Software apps are cluttered and hard to understand but am glad you are no referring to a software app as you explain your points!
Daniel Wong (8 months ago)
There is nothing as buy low and sell high, since it cannot be told before hand. Check the RSI, MACD, and the pattern and make a fair guess of where is the low price. If after buying, the price continues to rise and reach a level where you feel contented, then this is the high price.
Jakub Valenta (8 months ago)
Yes all trading explained in 7 minutes. There is nothing more about it. That’s why they say trading is 90% psychological.
Kiko Castro (8 months ago)
thanks. It refreshes what I've learned before.....
popkahchin (8 months ago)
damn!! straight the point

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