Stock Swing Traders

Why was it "supposed" to go up? Because you thought so?

Stocks will do what they do, we just have to react. I used to think somewhat like you, like "This stock should be going up right now, but its not. Whats ging on here". Now I'm like "Hmm, thats interesting, BTU isnt going anywhere while ACI, CNX and MEE are ripping. When the market starts coming in, thats the one I'll look for short entries in." All about reacting C-Web. Your analysis is important of course, but when its not correct, you have to be flexible.

Quote from coolweb:


It was suppose to go up that day, but it gapped down, thats a serious issue becaxuse I marked that point as a turning point, but a turning point that fails is a direct further downtrend in trading methology.
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Steve,
Yes, it is about reacting, which is why I exited :)


After careful analysis of my previous swing trades,

I have figured out ,


TXU
SHG
XEC

were all wrong because of one reason and mainly because of not following my biggest rule when entering trades.


The highest probability of a storm that is about to happen is after a calm.
While there is momentum right after a storm, the storm can stop anytime.

Calm before the storm is the key.

Calm before the storm + no hurrican = 50%
Storm happened + no hurricane = 25%
Storm happened + Hurricane already happened = probability of 0
Calm before the storm (stock) + Hurricane from the atlantic ocean (market) = 100% prob

When entering on a non high probability trade, one should not enter with large size, it is like musical chairs, When it stops, It stops. Whoever is without a chair, is left holding the bag.


I will continue to swing trade.

I will write up the 10 commandments for swing trading.


I guess the biggest reason why traders have losses is because of greed.


I did 1 trade on friday, 100% money. 1 trade after waiting 4 hours.
Its not a problem with my system, Its to make sure I don't follow any substandard entries because I feel like I need to make money out of thin air.


But this time, I will do it right.

It is true, Long term investing requires you to wait for the perfect entry just like in daytrading.

The previous week I tried to invest every single day of the week as you saw, I was investing in all kinds of SHIT.

I refuse to give up my 1.5 years of work and stop long term trading which was always my goal. I need to deploy this money.

I will fix this all up, And <B> I will make this work.</b>
 
Good Coolweb, I hope things work out for you. Good luck with tweaking your system.


Quote from coolweb:

Steve,
Yes, it is about reacting, which is why I exited :)


After careful analysis of my previous swing trades,

I have figured out ,


TXU
SHG
XEC

were all wrong because of one reason and mainly because of not following my biggest rule when entering trades.


The highest probability of a storm that is about to happen is after a calm.
While there is momentum right after a storm, the storm can stop anytime.

Calm before the storm is the key.

Calm before the storm + no hurrican = 50%
Storm happened + no hurricane = 25%
Storm happened + Hurricane already happened = probability of 0
Calm before the storm (stock) + Hurricane from the atlantic ocean (market) = 100% prob

When entering on a non high probability trade, one should not enter with large size, it is like musical chairs, When it stops, It stops. Whoever is without a chair, is left holding the bag.


I will continue to swing trade.

I will write up the 10 commandments for swing trading.


I guess the biggest reason why traders have losses is because of greed.


I did 1 trade on friday, 100% money. 1 trade after waiting 4 hours.
Its not a problem with my system, Its to make sure I don't follow any substandard entries because I feel like I need to make money out of thin air.


But this time, I will do it right.

It is true, Long term investing requires you to wait for the perfect entry just like in daytrading.

The previous week I tried to invest every single day of the week as you saw, I was investing in all kinds of SHIT.

I refuse to give up my 1.5 years of work and stop long term trading which was always my goal. I need to deploy this money.

I will fix this all up, And <B> I will make this work.</b>
More...
 
In Business,

What makes money? Does money make money? Throw money at a businses will it make money?

It does not, Value makes money.

Great customer service creates value
Great products creates value,
Happy employees create value,


When you focus on money , you focus on cutting costs, cutting service agents, cutting VALUE.


From this we adapt it to trading,

What makes money in trading,

Does having lots of capital makes money? Does greed make money?

No.

Entries Make money
Exits Make money

Does focusing on your PnL make money? It does not create any value.

Does trynig to deploy all your capital make money? No it does not create any value.

PRECISE ENTRIES CREATE VALUE (cheap preception)
PRECISE EXITS CREATE VALUE (expensive preception)

Everything else either keeps your value STAGNANT (eyeballing PNL like uncle fester) or LOSES MONEY (not concentrating on entries or exits anymore because of greed)


All trades will now be graded not on the money it MADE,
but the
entry, exit , stop management and the overall trade EXECUTION.


Money is a BY- PRODUCT of creating VALUE

After standing in the showers for 30 minutes,
This is what I came up with.


Coolweb reborn. New mindset. We focus on <b>creating VALUE</b>, not on MONEY and in return..

The money will automatically come.
 
Yep, seeing the trades as good vrs bad and not in terms of money is very important. I, myself, still struggle with this daily. Money is the byproduct of good solid trading, so focusing on making better trades and then making those better trades eventually leads to nice P&L. Its funny how most people seem to understand this concept but still have a hard time not focusing on the $$$, myself included.

Quote from coolweb:

In Business,

What makes money? Does money make money? Throw money at a businses will it make money?

It does not, Value makes money.

Great customer service creates value
Great products creates value,
Happy employees create value,


When you focus on money , you focus on cutting costs, cutting service agents, cutting VALUE.


From this we adapt it to trading,

What makes money in trading,

Does having lots of capital makes money? Does greed make money?

No.

Entries Make money
Exits Make money

Does focusing on your PnL make money? It does not create any value.

Does trynig to deploy all your capital make money? No it does not create any value.

PRECISE ENTRIES CREATE VALUE (cheap preception)
PRECISE EXITS CREATE VALUE (expensive preception)

Everything else either keeps your value STAGNANT (eyeballing PNL like uncle fester) or LOSES MONEY (not concentrating on entries or exits anymore because of greed)


All trades will now be graded not on the money it MADE,
but the
entry, exit , stop management and the overall trade EXECUTION.


Money is a BY- PRODUCT of creating VALUE

After standing in the showers for 30 minutes,
This is what I came up with.


Coolweb reborn. New mindset. We focus on <b>creating VALUE</b>, not on MONEY and in return..

The money will automatically come.
More...
 
Swing/Long investment trades

shorts= swings
Longs = longs


NVT [navteq ] Maps for navigation systems, Soon all cars will be equiped with this , Large market, Supplier.

Entry: on Monday
Setup pre-condition: Equil
Setup Target: $55 mininum

Current price: $45.59
Best Low risk entry: Monday
Confidence level on setup: 85/100

Size: 85% , 800 shares - 1200 shares.



LQU [Beer soft drink in South America] , Hans wannabe.

Entry: On Monday
Setup Pre-condition: Equil
Setup Target: Target Less (caution)

Current price: 37.10
Best Low risk entry: Monday
Condience level on setup : 50/100

Size: 40% Because of no target.


Shorts:

AAPL
Entry: short
Condition: rally, Time for pros to enter.
Confidence level = 75/100 (never know apple fanatics)

Size: 100% if market down 0% if market up

KBH
Entry: short
Condition: rally
Confidence level = 90/100
Size: 100% if market down 0% if market up


All depending on market conditions, Market goes up, Long taken,
Market goes down, shorts taken.



Market outlook:
YM: down
ES: up
NQ: stagnant


No idea where market will go because of mixed market conditions , Monday will tell.
 
All swing/long term trades

Will be initiated and researched the night before

Any trades not researched : Will not be taken.


Daytrades , my specific in play method, are the only ones that can be done without research because its 100% ta and momentum.


Plan before conquering.
1) Size in position will be evaluated based on past 5 days performance of the instrument/stock.

2) Current position in trend will also be calcualted from now on.
 
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