Buying Stocks at the Bottom of the Envelope

Jordan Kimmel |

Jordan Kimmel EquitiesAs of last night it looked like nobody was going to fill their gas tanks again, and today, well, the sky is not falling.

Regardless of whether you are a stock trader or an investor, you need to control your emotions and look for good entry and exit points. Yes, we have plenty of problems out there, and, no, the market does not go straight up or down. The trading envelop helps you pick “ranges”, not exact tops and bottoms.



If you are in the right stocks and use good entry points, as an investor you can give your stocks a little room. What you don’t want to do is hold until the bottom of the envelop and then sell, or watch 5 or 6 during up days and then buy at the top of the trading range?

Patience and discipline are two of the best traits of a successful investor. Confidence comes over time as the over-bought and over-sold signals work for you. Sell the excitement and buy the fear, especially if you are buying quality companies.

*DISCLOSURE: No relevant positions

This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by T3 LIVE or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Visit the T3Live Homepage, Virtual Trading Floor, and Learn More About Us.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
BX The Blackstone Group L.P. Representing Limited Par 31.83 0.05 0.16 2,885,303 Trade

Comments

Emerging Growth

Margaux Resources Ltd.

Margaux Resources Ltd is a Calgary based resource company. The Company is focused on its Jersey Emeral Tungsten-Zinc property located in the southeast portion of British Columbia.

Private Markets

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.

The Green Organic Dutchman

The Green Organic Dutchman Ltd. ("TGOD") produces farm grown, organic cannabis for medical use. The company grows its high quality organic cannabis in small batches using craft growing, all natural…