What is a good Indicator for knowing when to sell?

tjlizwelicha

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I find myself selling too soon, just to notice that the market bounced backed 30 minutes later in an uptrend. I am using 5m, 15m, 30m, charts. I am looking for recommendations or advice on indicators to know when the stock option is truly on a downtrend.

Thanks.
 

BenTen

Administrative
Staff
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You can never sell at the perfect spot. The same can be said for your entry. What I usually do is identify resistance levels. If the stock has not reached certain "resistance levels" yet, it still has more room to go. With this method, you will have to endure the pullbacks that often occurred.
 

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