
SDI Part 2
Ok how do traders use sdi? I dont recommend yung tinatawag nilang NAKED TRADING where in pure supply at demand lang tinitingnan sa trade. If they see a big SDI they act. I dont recommend that kasi you need to have a really long time or exposure sa market bago ka magkaroon ng certain feel.
Ok how do we use it? Its to improve our odds. I will walk you through my last trade last week just to give u an example.
I bought alco because of the following: Bullish divergence sa rsi. May established support which was 0.85 ata or 0.86 at may positive SDI. Di ko nascreenshot yung positive sdi nya when i bought it but the bids at 0.85 to 0.86 were three times as much as the sell order sa 0.88 and 0.89 at that time.
I plan to enter at 0.85 to 0.86 but sobrang konti ngbebenta i pushed my buys up until 0.87. So i waited a few days then it went up. As it went up i was hoping for a strong break out but the volume did not come so the break out did not happen. I was still holding the stock pero lumabas na ang negative SDI. This time may 700k shares at 0.93, 900k shares sa 0.94 at 700k plus shares sa 0.95. Lahat yun nasa sell side or sell order. Plus the fact na nag twizzer tops na siya. Since walang catalyst or volume at may SDI na negative i exited (sold) alco. I was able to get only 3.6% which was ok lang considering na pula talaga market that day. I did not exit with alma kasi hindi naman alma ang pinang entry ko.
So just bear SDI in mind. It can be a good tool.


One Comment
Alvin
You mentioned you don’t use straight line support and resistances, kasi subjective. Ang advice is to use support and resistances that moves with price like mga MAs. So now I’m confused..