Truth About 52 Week Highs And Lows
Buying a stock, currency pair or crypto coin just because nasa 52 week low siya can lead to a disastrous trade.
The same goes sa mga nasa 52 week high.
Yes, even yung nasa 52 week high na price ay disastrous din na trade yun kapag binili mo siya for that reason and that reason alone.
Let me simplify the idea for you para hindi ka mashock.
I know a lot of traders rely heavily sa 52 week highs.
Lets say may stock. Tawagin natin stock XTZ.
Si XTZ ay nasa 52 week high meaning ang current price niya ay mas mataas kesa doon sa price niya 1 year ago.
What does this tell you?
Does it tell you na aakyat siya? Does it tell you na babagsak siya?
“According kasi sa history yung mga nag 52 week high ay..”
I did not ask you about the history and the statistics.
Level with me here.
What does this tell you?
Does it tell you na aakyat siya? Does it tell you na babagsak siya?
“Well, no.”
Yes. It does not tell you anything about the future.
Yan ang dapat mong tandaan when you deal with all these 52 weeks indicators.
They can be a part of your system or strategy but do not treat them as a fool-proof approach to profits.
52-week high tells you na mas mataas na ang current price niya sa price niya a year ago.
Yan ang sinasabi niya sayo. Wag mong imisinterpret na sinasabihan ka niyang lilipad na ang price.
May tamang approach ang trading.
Kung tama ang approach mo ay magkakaroon ka ng chance to earn this.
Makakawithdraw ka ng mga ganito.
Those are real trades and real profits.
Outcome yan ng tamang trading approach.
Here are some helpful links to our Trading Materials:
Join our growing community in Facebook- Traders Den Ph | Facebook
VISIT US ON SHOPEE NOW!
👇👇👇👇👇
OFFICIAL SHOPEE STORE
You must be logged in to post a comment.