Hi everyone!
I am looking for general guidance on how to best enter a new position in a stock wether that be for swing trading or potentially holding the stock for a year+.
I looked at technical analysis but feel this to be more suited for day trader. Although I must say that resistance points seem to be a good bearing to decide if I am bidding a bit too high than what the market is moving at.
I would love to learn more on this topic and would appreciate if you could either share your experience/approach or online resources you feel can be valuable in learning in assessing a good entry point.
Finally, I often tried to enter new stocks which showed growth by placing buy limits, so far I have I always bet below the market. I am wondering if buy stop limits might not be better to enter a new position? Any thoughts or general guidelines on order types?
Thanks a bunch!
Submitted May 05, 2018 at 12:25PM by nitrudutri https://ift.tt/2HRHQPX
