Recent content by Smart Money

  1. S

    technical analysis quote from Top Trader book

    I used to do that and found often I was too late to the party for the profits to justify risk. It helps if your indicator for getting out has a hair trigger. Suggest using less and taking smaller losses
  2. S

    technical analysis quote from Top Trader book

    My analogy is this. Consider a herd of cattle walking north on a range in Texas. Then the herd turns West. How could you establish that the herd is turning before the rest of the world figures it out. Maybe you observe a few of the cows that seem to be the herds leaders. Maybe you do some...
  3. S

    So I’m working on a project

    perhaps. I’m a swing trader and too scared to quit my day job to consider other time frames. But the 35% doesn’t require dangerous leverage and it’s pretty reliable.
  4. S

    So I’m working on a project

    I look at it like this: It’s not predicting the future, it’s paying attention closely to the right things and noting the first clues that something is happening before most people notice it. But sometimes, something can happen that changes the outcome midstream. Folks love to bag on TA...
  5. S

    MACD crossover creating trend against 200 moving average

    The MACD is essentially just two moving average lines and you’re plotting their crossovers. My recommendation is that you should use just two moving averages and experiment with crossovers. You’ll learn a lot just comparing them visually to past action.
  6. S

    So I’m working on a project

    Read that again. :) Looking for one or two guys that want to collaborate on testing/playing this strategy. And no, I don’t want your money. I want ideas and participation.
  7. S

    So I’m working on a project

    There’s the rub. For years I was uncomfortably over leveraged in local real estate. Even after my net worth climbed due to the housing shortage I was still hurting. Now my cash flow has finally righted the ship.
  8. S

    So I’m working on a project

    I hear you, but I’m not so sure the market is down trending as of the last few days. I was bearish until the last couple of days based on my own read of the market. Not saying I’m right, but the bull is emerging. My logic is that Higher dividend stocks might be safer to play bullish with...
  9. S

    So I’m working on a project

    Right now I’m spreading my funds among three but following five looking for entries and exits.
  10. S

    So I’m working on a project

    Now that you mention it, yes. With some TA and better dividends sprinkled in.
  11. S

    So I’m working on a project

    You’re not understanding what I’m doing. High dividend stocks behave differently than typical Market Darlings. TSLA can be so overbought that it can fall for a long, long time. Whereas a good utility stock will only fall so far before the dividend percentage makes it too attractive to...
  12. S

    So I’m working on a project

    I guess I should clarify that I am following high dividends stocks that are reasonably stable. By “reasonably stable“, I mean, larger companies that are not paying out dividends beyond their ability to do so, and essentially giving away their value. The stocks I’m following seem to be relatively...
  13. S

    So I’m working on a project

    I have a TA project I’m working on. I’m using oversold indicators to help me time purchases in a handful of high dividend paying stocks, and then periodically rebalancing the portfolio or even completely selling off a holding based on whether the TA is telling me the stocks are about to move up...
  14. S

    Market completely craters and VIX was... DOWN?!

    OK so I’m half asking a question here but a half stating a hunch. If the market is moving down, but the Vix is moving down or moving level, couldn’t that be interpreted that there is general agreement in the marketplace that the market should be moving down in an orderly fashion? Markets are...
Back
Top