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AUTOZONE INCAUTOZONE INCAUTOZONE INC

AUTOZONE INC

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AZO trade ideas

Find and Trade the Winners....Not the Losers!!!Here is how I trade: 1. I find WINNING investments (aka: Above the 200 hour EMA) 2. I look for clear winning scenarios (aka: Low crossing stochastics) 3. I play the odds in my favor (aka: Using stop losses and take profit levels) Way too many people have a pride for the economy. They think that it can never go down. They are almost insulted by the drops in the market. I look at things unbiased. I don't care what is going up. I don't care what is going down. I simply find what is going up and I trade that. I don't make things complicated. I don't buy into falling assets. I play this game with the odds in my favor. You might LOVE NASDAQ:AAPL . But....right now they are getting smacked along with all of the other companies that people love. If you are a trader, why would you join the bloodbath? Here is something good to think about: Stocks move in trends and it is much more likely for a stock too continue in its current trend than too switch directions (this is a FACT. Think about it, the reversal happens every once and awhile while the trends occur all of the time). So why are so many people out here trying to pick the reversals? Why do so many people buy into stocks that are clearly in bearish trends? I think what I said above explains why so many people lose. This is a game of probabilities. Play WITH the odds. Not against them. It all comes down to whether you are in this for the long or the short term. Long-Term Thinkers: - Play with the odds - Take their emotions out of it - Have high win-rates - Track their trades - Make money Short-Term Thinkers: - Play against the odds in hopes of massive returns - Get emotional and make rash choices - Lose more than they win - Think they are good traders since they don't track anything - Lose money It's your choice who you want to be.
NYSE:AZOEducation
by UnknownUnicorn1542001
1
AZOI make stock analyses before the opening, these levels i draw are strong support/resistance and are the most powerfull on the same day. So i use them the moment when the market opens. You can see somethimes i use 2 - 3 levels because i dont know where the market will open. when the market open i see witch levels are still valid if it gaps above or under my level this one cannot used anymore. If price come close to my level i place a limit order. time frame i use are 5-10 min candles if price close right under or below the level with few penny's its of the table ! my risk reward ratio is 2:1 would be good to use trial these are scalp trades in high illiquidity market conditions !
NYSE:AZOShort
by Boenker