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I agree with smallfil, I have seen way too many times, a situation where an analyst has a $200 price target on a stock, the stock is trading at $160, they announce earnings, or news, and the stock plummets to $120. THEN the analyst lowers his price target to $130. Where’s the value in that? im...

for now, I’m looking to just get my feet wet, get a rhythm. As a noob, the advantage of using ETFs, is to eliminate possibility of big gap openings, which small and mid caps are more prone to. What I might do though, is Trade the equal weight sector ETFs, rather than cap weighted Spyders.

Thanks. I will probably order those books. May not wait to finish them before I start trading though, IF I think I’m ready. I’m in the process of my second reading of How To Make Money in Stocks, by William O’Neill, I’ve read Mark Minervini’s Think and Trade Like A Champion, and I’ve also read...

Not there yet. Working on it (which is why I’m not trading yet)

Thanks smalfil, yeah I will reach out from time to time. I like swing and position trading rather than day trading, because I’ve got other things I like to spend time on, like golf, and guitar, and don’t want to be in front of a screen all day. I’ve always thought Swing trading WAS trend...

thanks for the comments. Rather than say “I may be younger” I’d like to say “may I be younger” LOL. I’m 71, retired. Plan to commit what amounts to 2% of my total investable assets to start with. And yes, part of my plan will be how much of my total trading capital to risk on any one trade, it’s...

China just not for me. The Luckin Coffee disaster (I didn’t own it but did look at it when Motley Fool recommended it) turned me off to China completely

Not much to say or add, except that this is an excellent example of critical thinking. Great post

As I’ve mentioned before, I’m new and trying to “figure it out”, more specifically how to go about starting to trade (swing/position, not day) with a methodology. Former Financial Advisor, did asset allocation in my work, and plannng, trading was not a focus. So I figure why not document my...

yes it seems that way, part of canslim is earnings growth YOY and Quarter over quarter

For this reason, I think a recession could be in the cards. (Caused by inflation reducing demand?)

Good question, I think so. I mean, CANSLIM makes sense to me. But I think more weight goes to the charts. Price pays

Imagine if they didn’t destroy our grid. So you logged on to your TD account to see if you were still worth a million, and … :poof: …. just like that your money is missing. they could do that, I think.

the chart was one of about 4 or 5 on the page illustrating a base on top of a base pattern. I see what you are saying, the buy point seems like a weird place to buy. As I said in my original post it’s from the bookHowto Make Money in Stocks by William O’Niell, which I’m sure you know. thanks...

Thanks. Awesome charts in the link. The more charts I look at the more I feel like I’m starting to get it

Yeah I have no interest in day trading, I’ve got other things I like to do, golf , Guitar, so I don’t want to be tied to a screen all day. I thought about maybe paper trading for a while first, I can do that on the TD Ameritrade trading platform. Not sure how realistic it will be though, since...

I'm new here, so i probably should mind my own business. But i can't help myself.. This thread seems to be more about who's got the biggest swinging dick. Why bother LOLOL.

the fact that “nobody knows for sure, because it’s the stock market”, aside, I agree with you. The problems we will face here and globally in the near and intermediate term make rate hikes a moot point.

How To Make Money in Stocks.

Yes helps a lot thank you