Don't worry......Take another 10 years....on this quest of yours....& once you have found the correct answer....Then you will be ready for Trading....!!!
Let's say current price of a scrip is in the 30s...... conversation among trading folks...would be "Yeah.... that thing hasn't moved from its 3 handle for a long time"
Other person in the conversation may just add... "Think..we should be able to see a 4 handle next week"
Basically 3 handle refers to its prevailing current price range of 30s and moving to 4 handle, similarly means price moving to the 40s.... !!!
Let's say current price of a scrip is in the 30s...... conversation among trading folks...would be "Yeah.... that thing hasn't moved from its 3 handle for a long time"
Other person in the conversation may just add... "Think..we should be able to see a 4 handle next week"
Basically 3 handle refers to its prevailing current price range of 30s and moving to 4 handle, similarly means price moving to the 40s.... !!!
Here are some thoughts for 'undecided' or those with nil position.....what one shall witness, I would say the 'Euphoric Stage'.... this stage shall test the mettle of the Best in Business.... what will set those apart from others will be 'Nimbleness & Clarity of Thought'
If there is a any doubt in pulling the trigger....it would perhaps be prudent to wait it out some more.... or look for entry on dips but on the UPTICK...!!!