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  1. #1

    Default Stock support level

    I am still struggling how to find it on chart. I use http://www.freestockcharts.com and for example looking at AMD I still cannot understand how you got that support lvl at 4.50.

    In the educational video example it is pretty clear but for real stock it seems is not

  2. Default

    If your referring to my post int the AMD thread that was support from Level 2, that I use for daily trading. It can change as the market changes. Charts is all together different.

  3. Default

    Aaah, i see it now!! thanks a lot!

  4. Default

    Let me add to that...Charts can get you to the support level but Level 2 can fine tune it for you. Say that you are ready to buy at 4.50 and there are a 1000 buyers and 3000 sellers, then you might want to drop your bid accordingly. As you are a new trader I suggest easing into your trades.

 

 

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