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Here’s Why I’m Still Buying Stocks

Published 10/11/2018, 12:21 PM

As you know, stocks are tumbling and volatility is soaring. Fear is now starting to creep into the marketplace. Traders and investors are getting very defensive and doubting themselves when it comes to every move they make. This is natural and understandable when stocks fall so quickly.

Support Watch

Now, traders need to look for major support levels on the charts for long-side trades down the road. Personally, I have compiled a long list of equities that I would like to buy when my major support levels are reached. We do this by using the charts and the technical tools that tell us where the support levels are located. Learn to use the charts and eradicate the fear that cripples so many traders in volatile times.

SPY
SPDR S&P 500

Latest comments

if usa markets maintained huge losses till close today,tomorrow asia markets will gap down and reverse all losses and end up flat
otherwise trading is just taking a position and leaving it open all the way till capitulation day.so i have absolutely nothing to do and singing everyday in youtube.haha. thanks all
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