Trick Bottom Fishing

"When is the correct fourth dimension to bottom fish? Is it safe? 

At what cost should I buy??"

We've all asked these questions at i point.

And idea it was this easy

I tried experimenting on a LOT of setups.

 I went from this...

(Just watching the stock from afar in addition to produce nothing.)

To this...

(When It fails to become upward in addition to I cease upward Ipit.)

Or this...

(When I larn inwards equally good early)

Or worse....

Bottom Fishing is real RISKY. 

The i mind argue being that you lot are fighting against the trend.

Just enquire those who bought ANI at PHP10, 7, four or lower because 

of "good fundamentals" or techs beingness oversold due to the depression RSI.

"Respect the RSI my ASS."

So live careful when you lot come upward across cardinal gurus 

who talk about technicals. Or technical gurus who suddenly 

talk about fundamentals - Coz that's just funnymentals and 

other made-up crap.

On a sidenote, live careful close what I post service in addition to what I tweet.

Coz I'm a crazy trader. And a fictional i at that.

"So why bother Bottom fishing?"

You powerfulness ask.

I don't know close you. 

But I bottom fish for these reasons:

1 - Rewards.

Yes it's risky. But if you lot larn it correct in addition to you lot bought amongst volume,

you powerfulness merely larn a ticket to "financial independence-land."

2 - Bragging Rights. 

I'm a real competitive person. And I love the feeling of

 putting haters in addition to gurung ulols to shame. 

And the fun purpose of it all is...

Contrary to pop belief,

It ain't rocket science.

"But Zeeeee! How produce you lot know if it's the bottom?"

Simple. I don't.

(Here's a uncomplicated catamenia chart)

You'll exclusively larn to meet the bottom, in i lawsuit you lot meet the 'ball' 

actually achieve the bottom in addition to starts "floating up."

And from there, you lot react in addition to press the attack.

------------------------------------------------

Example

Tried to bottom fish but barat bids denied. 

Bought 1.23-1.25 for laid about tranche base thence ended 

up buying all i could at the unopen (Sagasa Order).

Day 1 Of Bounce

Here's the unsmooth selling plan.

Here comes Day 2 of the  bounce.
(Added 19k. OC ako eh.)

Then Just earlier selling.

(I dearest taking screenshots earlier I sell.)

Some would say, 

"Why would you lot sell?

You've got such a depression AEP!"

Simple respond to that is....

While others cheer that they could at to the lowest degree interruption even.

I joined the minority inwards cheering to bask some profits.

Total of three Days hold. 

No hype. No rumors. No tips. No gurus.

Just the nautical chart in addition to you.

------------------------------------------------

 

CASE STUDY CLOSED!

Happy weekend everyone.

Trick Bottom Angling : Ssi

Sample Journal

Trade Type : Bottom Fishing

Difficulty : Hard

Started buying at the closed of 11.16.2015

And since I similar to closed my positions to pregnant whole

 numbers, added to a greater extent than the side yesteryear side twenty-four hr menses intraday. 1M shares tin post away easily

be liquidated in 1 lawsuit momentum sets inwards as well as specially for a 

stock like SSI. I'll only accept to sell inwards tranhces. Or not.

I wonder how far this volition go. 

Crossing fingers it volition live on only similar that FNI trade.

I was travelling spell doing this trade.

Why create these kinds of close perfect setups popular upwards when I travel? 

I left to a greater extent than or less cash inwards illustration to a greater extent than or less quick tsupitas appear.

Trick Bottom Line-Fishing Spider Web In Addition To The Tiny Frog

This stock has been the speak of the town this week. So much coin lost inwards such a curt amount of time. You tin experience the fearfulness inwards almost every trading grouping in addition to fifty-fifty inwards normal intelligence feeds. It was quite an exciting fourth dimension for some of us inwards ZFT who bought the reversal. The tension became greater when it got suspended. 

"See you lot at the floor."

I would endure lying if I said I wasn't affected. We were talking close what we'd endure doing if WEB would produce a "TAPET." Open ceiling. Close ceiling. Everyone who had WEB inwards the tribe was mentally preparing for the worst illustration scenario.

But the affair is... nosotros aren't fundamentalists. Nor are nosotros speculators. We are technicians. Yes nosotros receive got emotions but rather than guessing in addition to stressing over the things nosotros cannot control, nosotros instead human activeness upon the things nosotros tin control.

Of course of report this postal service wouldn't endure consummate without those lovely port snapshots to show our point. Here's that lovely link (In illustration you're wondering, nosotros don't produce grouping trades. It's simply that nosotros role the same organisation in addition to normally terminate upward trading the same gear upward of stocks. )

https://www.facebook.com/Zeefreaks/posts/691073001043028 

Because if you're all speak but no show, you're prolly a scam.

Let me terminate this postal service amongst a story... 

The Tiny Frog

“We must stand upward guard at the doorway of our minds”

Once upon a fourth dimension in that place was a bunch of tiny frogs who arranged a climbing competition. The destination was to achieve the exceed of a really high tower.

A large crowd had gathered unopen to the tower to run across the race in addition to cheer on the contestants. The race began.

Honestly: No i inwards the crowd actually believed that the tiny frogs would achieve the exceed of the tower. You heard statements such as:  “Oh, means likewise difficult!” “They volition never instruct far to the top.” “Not a run a endangerment that they volition succeed.” “The tower is likewise high!”

The tiny frogs began collapsing i past times i – except for those who kept a fresh tempo in addition to kept climbing higher in addition to higher.

The crowd continued to yell, “It is likewise difficult!  No i volition brand it!” More tiny frogs got tired in addition to gave up.

But i continued higher in addition to higher in addition to higher. This i wouldn’t give up.

At the terminate everyone else had given upward climbing the tower. Except for the i tiny frog who, afterwards a large effort, was the exclusively i who reached the top.

All of the other tiny frogs naturally wanted to know how this i frog managed to produce it. Another contestant asked the tiny frog how he had works life the forcefulness to succeed in addition to achieve the goal.

It turned out… the winner was deaf.  The wisdom of this story is: Never remove heed to other people’s tendencies to endure negative or pessimistic. They accept your most wonderful dreams in addition to wishes away from you lot if you lot permit them– the ones you lot receive got inwards your heart!

Be deaf to the people who tell you lot that you lot cannot fulfil your dreams, goals in addition to aspirations.

Author unknown

Happy weekend everyone!