There are so many indicators you can possibly use. I personally use 9 and 21 EMA for swing trading. I usually look for a cross over of the 9 above the 21 as an entry. I highly encourage you to have stop-loss AND take-profit limit. The level of the stop-loss depends on many factors that are unique to you and what you trade: what type of stocks, what timeframe, what's your tolerance to risk etc.
For your question on WEBULL or Gap up/ Down, I am really not an expert and I think you might want to ask Gary from Dailystockpick newsletter
Also could you go over Price Action and Volume on what to look for?
I mostly use moving averages, MACD and RSI for trend analysis. I also study previous highs and lows as indication for resistance or support.
Question
What indicator (s) Such as trailing stop, enter, exit are best suited in following the EMA 9day 20day 200day on my charts. I’m using Trendspider.
Also, what other name (s) for scanning Gap Up Gap Down.
Also I’m having a hard time navigating in WEBULL.
I’m sure where the format is for Day trading. I want to look at a trading format like Humbled Trader on YouTube.
I want to buy 20cents of a stock Xs 100 or 1000 shares. I want to know my risk reward upfront.
Thanks I really enjoy what you do
Hey!
There are so many indicators you can possibly use. I personally use 9 and 21 EMA for swing trading. I usually look for a cross over of the 9 above the 21 as an entry. I highly encourage you to have stop-loss AND take-profit limit. The level of the stop-loss depends on many factors that are unique to you and what you trade: what type of stocks, what timeframe, what's your tolerance to risk etc.
For your question on WEBULL or Gap up/ Down, I am really not an expert and I think you might want to ask Gary from Dailystockpick newsletter
Hope that helps!