161: Mike Agne – When There’s Blood in the Water, Sharks Will Come
Chat With Traders
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How to Choose the Right Level for Your Trading Strategy
I'm looking for a good level to get in at and I'm looking for fundamental backups for it. In general, I like to look at the moving average and Fibonacci's for that. And I'll take volume into consideration because that's a big part of this too, but a lot of its churn volume. So there's a lot of noise with that. You know, I'm not a trend follower. Like I'm not waiting for a breakout to put something on. I'd rather be proactive and have set parameters and set risk. That's kind of how I do it.
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