Investors often struggle with keeping their emotions in check when approaching the stock market. New investors can have a tendency to sell off winners too quick as well as hold onto losers for way too long. Some will argue that it is never a bad thing to take profits when they are on the table, but this can leave the investor with a large amount of regret if the stock continues to surge after selling. On the other end, investors may hold onto losers for way too long hoping for a bounce back. Holding out for better days can lead to even more exaggerated losses that can leave the investor with an even bigger feeling of regret. Battling to keep emotions separated from important investing decisions can be a big plus for investors over the long haul. Of course, this idea is easier to preach and much harder to follow.
Watching volatility readings, we can see the current value for Geomega Resources Inc. (ASX:GMA) is 12.5. Volatility for the week stands at 6.595238, and the monthly reading is 4.461451. Volatility involves the amount of risk in relation to the amount of change in a stock’s value. Tracking the Bull Bear Power, we note that the stock is presently 0.003710737.
Shares of Geomega Resources Inc. (ASX:GMA) ended last session at 0.09. Following today’s trade, we note that the stock has moved 12.5% since the opening bell. The company has a current market cap of 7205810.5. The stock’s high price over the last month is presently 0.09.
Checking in on the Awesome Oscillator, we see that the reading is -0.000823529. Traders may follow this oscillator to measure market momentum. Created by Bill Williams, the Awesome Oscillator calculates the difference of the 5 period and 34 period SMA.
Donchian Channels may be useful for technical traders. The primary function of the indicator is to measure volatility. The bands will widen when volatility is high, and they will become narrow with low volatility. The 20 day upper band level is 0.08. For the same period, the lower band level is 0.07.
Trading on volume of 62000, Geomega Resources Inc. (ASX:GMA) has seen a change from the open of 0.01 since the stock opened at 0.08. Monitoring today’s activity, the stock has hit a high point of 0.09 and slipped to a low of 0.08.
The 20 day Keltner Channels upper envelope is 0.0811859. The 20 day Keltner Channels lower envelope is 0.0750309. The Keltner Channels indicator was introduced by Chester Keltner in his book How to Make Money in Commodities. Keltner’s ideas have since been expanded upon and are widely used by technical traders.
Following the Chaikin Money Flow indicator, we note that the current 20 day value is 0.15823936. Traders will watch to see if the indicator can help confirm an ongoing trend. In the midst of a bullish trend, the CMF value staying above zero may point to continuous buying pressure and the possibility of a sustained rise in price. In the midst of a bearish trend, the CMF value staying below zero may show continuous selling pressure and the possibility of continued price decline.
Scanning the equity market, we note that the stock’s current Oscillator Rating is showing “Buy”. Traders will take note of many different factors when examining a stock’s health. Flipping over to the Moving Average Rating, we see that the current sentiment is pointing to a “Buy”.
Investors may have a solid plan in place to start trading the equity market. Sometimes, these plans never get to be fully realized because of the lack of discipline in the early stages. When a new investor goes into the red right out the gate, there can be a tendency to take on too much risk trying to get back to even. This may result in the investor abandoning the plan and making too many unreasonable trades with exorbitant expectations. Finding the self control to not get discouraged with early losses may help the investor stick to the plan and eventually start achieving longer-term goals.
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