| StockFetcher Forums · Stock Picks and Trading · A Newbie's Journey | << 1 ... 8 9 10 11 12 ... 48 >>Post Follow-up |
| sandjco 648 posts msg #138118 - Ignore sandjco |
9/12/2017 9:28:17 AM Broke $84; added another tranche. 3/5 of capital used up on a single security. There goes the concept of "diversification"! |
| sandjco 648 posts msg #138132 - Ignore sandjco |
9/13/2017 12:24:09 AM Do we have lift off?  Now, why do I feel like I'm playing the musical chairs? It is September...the media is now filled with the gloom of "September and October" and apparently in the years ending in "7", the market tanks! Irma hits; N. Korea came and went...and yet the market shrugged. Should I hold or sell after it pops a few points and re-load? Hmmmm...decisions decisions.... Played DPST but forgot to post. |
| sandjco 648 posts msg #138133 - Ignore sandjco |
9/13/2017 12:49:36 AM AAPL announced a $999 iPhone X today...media went full on hate. Not sure what the big deal is...these phones are now used more (for some) than laptops.  Looks like the market, at least today, didn't know what to make of it. Most likely gonna trend...more "rumours" about supply or lack of....there will be a good entry point one day. |
| sandjco 648 posts msg #138189 - Ignore sandjco modified |
9/15/2017 2:50:22 PM XIV@$89.56 Interesting....terror attack in London; N. Korea fires another ...and yet the market didn't really budge! What is going on? Resiliency or setting up for a big dump in October? Hong Kong and Korean market seems to have shrugged it off. |
| shillllihs 6,101 posts msg #138191 - Ignore shillllihs |
9/15/2017 3:27:15 PM What's going on is the world actually works together and attacks are staged. We are in a bull market phase so nothing will stop it. Again, news is controlled so they really don't have to tell you if the don't want to, but they want you to know so you can react. |
| sandjco 648 posts msg #138192 - Ignore sandjco modified |
9/15/2017 4:02:34 PM Thanks for dropping by Shils! Interesting take from you as always! Who knows....anything to rob the "regular" Joe! Will XIV hit $96? Time will tell....I'm still sitting! |
| shillllihs 6,101 posts msg #138194 - Ignore shillllihs |
9/15/2017 4:31:21 PM The earth can flood and the Antichrist can pay a visit and Xiv would still go to 96. |
| sandjco 648 posts msg #138202 - Ignore sandjco |
9/16/2017 3:02:21 PM Hahahaha! Shils...u dawg; u are certainly a character! Now, IF only I could understand half of what you are trying to say when it comes to trading or sharing your trading thoughts...it will make me a better trader as you certainly aren't the "herd"! I am learning lots...but I still seem to "over think" my entries and exits. Maybe it is supposed to be this way. Sitting on XIV has been an interesting experience. I still have a long ways to go to figure what what filter is the most efficient to weed candidates out. And, of course, thank you to all those who have provided me tips and tricks along the way. I am grateful. I see XIV coming off a symmetrical triangle with $71.21 as the low, $86.40 as the high...with a $15 diff...add that to $86...gives me a $91 target |
| pthomas215 1,251 posts msg #138203 - Ignore pthomas215 |
9/16/2017 5:16:25 PM sandjco, one way to estimate resistance is to take a 3 month view or 6 months. you can see with XIV it tests 95-96 and comes down. it re tests it again, hits 96 and comes down. This is one indicator that if we continue in a bull, which is probable, XIV will run to 95-96 and test it once again. Then if it runs to 98....get back in, as it has broken resistance. |
| shillllihs 6,101 posts msg #138204 - Ignore shillllihs modified |
9/16/2017 10:39:01 PM Sandy, there is somethings I like to keep to myself but I will share something that I believe is a good start. Identify the long term trend, meaning years. Look at the symbol SH which is the inverse of SPY, When the monthly SMA(2) closed over SMA(21) in Jan 08, that meant the onset of a bear market to me. When monthly ma(2) closed below ma(21) in May 09, that marked the beginning of the bull and it's been on since then. There's so much more to it than that since you will get some pretty big dips even in a bull trend. That's on you to work on to catch those dips or temporarily bail, which could last up to 18 months. Also, bear markets are tough to trade too, sure you can short Tmv or Xiv for many months and live under duress doing so, while riding out all the spikes, that will be my biggest challenge. Bottom line catch the trend early and it should make you wealthier. Second bottom line ride this trend with a caveat, you also have to find those mystery indicators that get you out way before the bear hits as you will lose much of your gains. To me there are 3 phases, The bull, The bear and a mystery phase that's sort of grey during the bull which is when to get out. |
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