Stock Swing Traders

While I know we arent really on the same fractal wave length, I think it would be beneficial to do another stock in real time.

So, If I were to buy CHRS at 13.10 right now, could you please tell me what not to do and your price analysis.
 
entry Now

AGO 25.53 25.74 +.21
IRIS 23.20 23.30 +.10
SYMC 17.17avg 17.05 +.12
AAPL 71.09 65 +6.09
ZMH 68.07 68.14 -0.07
HCC 31.15 AVG 32.57 +1.35

Large position in HCC
Med SYMC
Large AGO
Small AAPL
Mini ZMH
Small IRIS

Now there are other positions I would have liked to hold,
but market prevents me from doing so.

ok.
 
tradingbug,
now your stop will have to be placed behind a days low or days high

so the last daily low is 12.67
if you entered 13.10

Then that would be a .40 cents or so risk like 4%

are you willing to take the risk?

If the risk is fine, then you can enter.

It would be unlikely that price will fall there, but you have to take in account what the general surroundings are doing at the moment.
 
Quote from tradingbug:

If you would like to give us a price analysis, I am sure others along with me would be interested.

My entry was for the next Intermediate Term move which entails sitting thought multiple natural cycles. I noticed after entry, that I would most likely have to sit through at least one half cycle against me. Not to swift on my part.

Is it possible to enter at the lower part of a half cycle? I think so and it would be an improvement. There is also the option of where the stock is a bullet out of the gates.

This is all in relation to canslim of WJO.

this was a great learning experience.
More...
===============
Tradebug;
THE was & is a great stock for quite some time;
William O Neill books are among the best for stock investing/trading.

Can slim weights a 50 day/200dma average very important;
its is to my medium term trend also;
as good as oil/gas uptrends have been for a long time, MOST all are below 50 dma, XLE, is also,THE is also below 50dma.

Price Below 50 day moving averages are short signal s for William o 'Neil +Co, in many contexts.

Hope this helps;
Can slim plan limits losses max 7% approximately[or less%],
===========================================
one of the most important principles of can slim., stop loss =7% or less
:cool:
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End of week ideas:

Close of day if down/Close to position -> 1/2 or 3/4th
Because slippage is high in the morning espically if market looks to open down.

Market moves ->
<- doable but resistance.

Commissions/Slippage/Excess costs ->
<- eliminate to 0.01% / Move position 2-3 cents to cover slippage.

One false move -> 1/2 position.

Don't take shit from MM's Specialists.

Next week we will work on eliminating all excessive costs.
Come crystal clear, time after time, everytime , + .

No more games, Hunting. Hunting.
Hunting.
 
New strategies produced this week: 2



Strategy #1 in progress: 3-5 % a month using full capital.
Costs: 1%

30% a year = 2.5% a month.

2x Margin = 5% a month

Use of Options: X?

30% a year:

100k - $30k
$200k - $60k
$500k - $150k
$750k - $225k
$1M - $300k



Slow and steady, Because


Whats consistent works


Work load: Medium /low
Research: Low


Optimistic Gains:

1baggers, 2baggers. 3baggers.
Are you game enough to locate them?

Takes a special skill. Skill that will be acquired.


------------------------------------------------

Strategies in testing : 2-3% gain a day.

Strategy #2 : less work, more research , MOC orders.

Work Load: Low
Research: High

Risk: High

testing.

-------------------------------------------

Refining of intraday strategy:

only the most liquid entries will be taken, everything else will be trashed. Maybe one trade a day.

2-5% intraday up to $100k-200k usage of capital.
Thats what $2k-6k a day every 2 days.

One trade a day.


Concentration: High
Research: 0
Risk : Low (intraday 5-10 cents max)
 
In the mind:

Theres no reason to compare the amount of money traded hands in a stock.

Its not how many billions GS moved in stock a day,

Its how many Ks I jacked from those shitheads each day, day after day, week after week without fail. Without risk. Without much work.


We take what we can, We take when it takes no effort, We take when it doesn't effect us in anyway.


thats Game.
 
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