martbmth16 Sep 2019 15:10
Great post and fully agree with what you say, Love his videos and they are educational and his tips are good, but he does condemn day traders, But he does trade his stocks, Calling it scaling back is trading and buying low.
Biggest issue with his tips, Everyone jumps in all at once sending the share price up and then when its up, No one else is buying and the price drops.
Off all of his Tips, Bids has to be his best tip and i am happy to hold without selling and will add more on results day because imo, even with a big drop after results, its all going to be up hill after that with nothing much to hold the SP back.
on another note, When the RSI was showing over bough on Bids, JW went out of his way to tell people not to sell, Not to buy either, Expected a few % drop but he does say not to buy in a riser SP, But then when he bought safestay, the rsi was over bought, he was telling people to buy.
I do like the bloke but he does look after number one.