{"id":5176,"date":"2022-02-21T10:40:16","date_gmt":"2022-02-21T02:40:16","guid":{"rendered":"https:\/\/www.investagrams.com\/daily\/?p=5176"},"modified":"2022-02-21T10:40:16","modified_gmt":"2022-02-21T02:40:16","slug":"featured-trader-week-streadytito","status":"publish","type":"post","link":"https:\/\/www.investagrams.com\/daily\/2022\/02\/featured-trader-week-streadytito\/","title":{"rendered":"Featured Trader of the Week: @StreadyTito"},"content":{"rendered":"

A round of applause to <\/span>SteadyTito<\/span><\/a> for being this week\u2019s Featured Trader!\u00a0<\/span><\/p>\n

Trader Steady Tito has been a member in the Investagrams community since 2018, making this his 5th year in the platform. On his entire stay, he remained a valuable community member as he constantly shares his analysis and insights on stocks that are showing strength.<\/span><\/p>\n

Based on observation, Steady Tito is fond of trading on strength when prices are attempting to break resistance. He supports price action using the Relative Strength Index (RSI) and Moving average convergence divergence (MACD), 2 of the most commonly used and effective indicators, to validate strong breakouts.\u00a0\u00a0<\/span><\/p>\n

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Steady Tito spotted <\/span>Lepanto Consolidated Mining Company (PSE:LC) ,<\/b> a company that specializes in <\/span>Gold<\/b> mining, when it was attempting to break its resistance at 0.1450 just a few days before it made its way to 0.1560 level, an instant +7.50% gain. It\u2019s MACD was trading slightly above 0 levels showing signs of strength, followed by its RSI still approaching overbought areas. For this kind of setup, it is wise to look for proper entries whether you wait for a bounce off the resistance to buy on support or buy on a strong breakout with volume.<\/span><\/p>\n

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Remember to never give in to FOMO!<\/b>\u00a0<\/span><\/h1>\n

Buying due to <\/span>FOMO <\/b>is one of the worst methods done by an <\/span>emotional<\/b> trader who does not have a solid plan, ending with them slicing their portfolio\u2019s hard earned profits. If you\u2019re late to <\/span>PSE:LC<\/b>, best to wait for a retest back to its support or a short pullback to minimize your risk and also widen your profit window on this trade. Buying at its peak will not give you an attractive <\/span>risk-reward ratio<\/span><\/i> as your cutloss level is far below your average price. Worst case scenario, you will avoid cutting your losses and hope that the stock will recover.<\/span><\/p>\n

The best traders don\u2019t just make good profits, but also have the best risk management setups.<\/span><\/p>\n

To learn more about <\/span>Risk Management<\/b>, visit <\/span>here\u00a0<\/span><\/a><\/p>\n

FUNDAMENTAL VIEWPOINT<\/b><\/h1>\n

Aside from looking at its technical view point, one of the main catalysts of the stock\u2019s strong uptrend is due to the weak U.S dollar and strong inflation happening globally especially in the U.S which often drives metal prices like gold higher. As you know, U.S inflation is at its hottest it has been since 1982 reaching 7.5% over labor shortages and tight oil supply.<\/span><\/p>\n

The operation of <\/span>PSE:LC<\/b> engages in the exploration and mining of gold, silver, copper, lead, zinc, and all kinds of ores, metals, minerals, oil, gas, and coal and their related by-products (<\/span>PSE EDGE<\/span><\/a>). This uptrend may stay intact for a while, but always remember to have your setups ready and manage risk.<\/span><\/p>\n

Once again, <\/span>KUDOS<\/i><\/b> to <\/span>SteadyTito<\/span><\/a> for being this week\u2019s Featured Trader! We hope you\u2019ll enjoy your <\/span>14-day InvestaPrime Access<\/b> and continue to be an inspiration to the trading community.<\/span><\/p>\n

\n

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<\/div>
<\/div><\/span>","protected":false},"excerpt":{"rendered":"

A round of applause to SteadyTito for being this week\u2019s Featured Trader!\u00a0 Trader Steady Tito has been a member in the Investagrams community since 2018, making this his 5th year in the platform. On his entire stay, he remained a valuable community member as he constantly shares his analysis and insights on stocks that are […]<\/p>\n","protected":false},"author":3,"featured_media":5181,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[36,34],"tags":[],"class_list":["post-5176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to-advice","category-latest-posts"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/5176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/comments?post=5176"}],"version-history":[{"count":2,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/5176\/revisions"}],"predecessor-version":[{"id":5180,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/5176\/revisions\/5180"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media\/5181"}],"wp:attachment":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media?parent=5176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/categories?post=5176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/tags?post=5176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}