| StockFetcher Forums · Stock Picks and Trading · A Newbie's Journey | << 1 2 3 4 5 ... 48 >>Post Follow-up |
| sandjco 648 posts msg #136584 - Ignore sandjco |
6/30/2017 10:00:53 AM Plan the trade; trade the plan. Didn't really do that yesterday. It was almost like the tree was being shaken yesterday. It looked like crap was gonna hit the fan and then surge of buyers stepping in. Set up for a fall?  panic didn't last. |
| pthomas215 1,251 posts msg #136585 - Ignore pthomas215 |
6/30/2017 10:06:48 AM be patient. vix....will pop |
| shillllihs 6,101 posts msg #136586 - Ignore shillllihs |
6/30/2017 11:35:51 AM You are in good hands with this crew Sandy. They are what I like to call, The Dream Team of Trading. |
| four 5,087 posts msg #136609 - Ignore four |
7/3/2017 3:01:14 PM buy on the way up  |
| sandjco 648 posts msg #136613 - Ignore sandjco |
7/4/2017 10:26:05 AM Thanks pt, shilllihs, and four! Also thanks to Mactheriverrat ....found Guppy interesting! RE: BAX nice looking uptrend. how would you find strong up trending candidates? pardon my ignorance four...when someone says "buy on the way up", that would mean wait for it to go red to green or buy it when it breaches the most recent high of $61.52? My brain is telling me: watch for it to go from red to green tomorrow and initiate a position. if it doesn't, place it on watch...am I processing the info correctly?  Happy 4th! |
| pthomas215 1,251 posts msg #136614 - Ignore pthomas215 |
7/4/2017 10:31:24 AM there typically a support level a stock falls to. some people buy and accumulate on the way down until it hits support. we are suggesting to wait to take a position until it bounces off support and is heading up again..then buy more on the way up. |
| sandjco 648 posts msg #136640 - Ignore sandjco |
7/6/2017 1:32:52 AM Holding on...  New purchases...    Watching...  |
| sandjco 648 posts msg #136658 - Ignore sandjco |
7/7/2017 7:40:50 AM Sold INDL. Using the close price of $77.07....squeaked out a 4%. Holding on to the rest. In hindsight, buying on "green" didn't work for this batch. Watching TSLA  |
| sandjco 648 posts msg #136662 - Ignore sandjco modified |
7/7/2017 9:42:39 AM Picked up TSLA $310.30; stop loss at $305....hmmmm |
| lonehand 9 posts msg #136672 - Ignore lonehand |
7/7/2017 2:37:46 PM This is just my two cents take it for what it is worth. You are trading stocks and 3xs with too much volatility. Using a 4% stop on a stock that moves 5 to 10 % a day will just get you chopped up. Tsla has an ATR of $13. using a 5 dollar stop is just asking to get stopped out with noise even if you are right with the direction. ( can be used for inter day trading say with 5 min chart) Need to investigate stops using volitility and sizing position on amount you want to risk. Fixed dollar amounts and fixed % may work on low beta stocks, but WILL NOT WORK on these high beta instruments. For your info. SCO is on my do not trade list for good reason. My stops are on the end of too many wicks!!!! (Stops are hunted ) |
| StockFetcher Forums · Stock Picks and Trading · A Newbie's Journey | << 1 2 3 4 5 ... 48 >>Post Follow-up |