just charts: MBT/Metropolitan Bank and Trust Company (28 sept 2013)

mbt chart as of 27 sept 2013 

(click on the chart to enlarge)

remarks:

1. mbt has been declining the entire week ... closing last friday @88.50 ..

2. the macd histogram and the sts have been going down likewise in sympathy with the price ... altho both have not yet given sell signals ..

3. seems ive been lucky in selling my mbt friday the week before ... will just continue waiting and monitoring for the next reentry ...

for an explanation of the indicators ... click: here 

for reference .. you may also want to read: my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose

what i read today: Do We Actually Buy A Piece of A Business When We Buy Stocks? (28 sept 2013)

http://ivanhoff.com/2013/09/27/actually-buy-piece-business-buy-stocks/

what i read today: Why the Mega-Rich Get Richer (23 sept 2013)

http://www.investmentu.com/2013/September/why-the-mega-rich-get-richer.html

just charts: MBT/Metropolitan Bank and Trust Company (22 sept 2013)

mbt chart as of 20 sept 2013 

(click on the chart to enlarge)

remarks:

1. mbt breaks past the 90 pesos resistance .. closing @90.80 after even going above 91 intraday ... 

2. the macd histogram is still rising .. with the sts already at oberbot levels the entire week ..

3. i already closed my position last friday ... just content with a modest gain ... 

for an explanation of the indicators ... click: here 

for reference .. you may also want to read: my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose

what i read today: 25 Market Insights From Jesse Livermore (20 sept 2013)

http://stocktwits50.com/2013/09/15/25-market-insights-from-jesse-livermore/

what i read today: Livermore and Living with Risk (17 sept 2013)

http://www.spiketrade.com/blog/?p=2531

what i listened to today: Mike Bellafiore Interview with Michael Covel on Trend Following Radio (17 sept 2013)

http://www.michaelcovel.com/2013/09/15/ep-157-mike-bellafiore-interview-with-michael-covel-on-trend-following-radio/

what i read today: On the immorality of stake-free forecasts (10 sept 2013)

http://abnormalreturns.com/on-the-immorality-of-stake-free-forecasts/

what i read today: Reacting versus Predicting in Trading (10 sept 2013)

http://newtraderu.com/?p=4884

just charts: GTCAP/GT CAPITAL HOLDINGS, INC. (08 sept 2013)

gtcap chart as of 06 sept 2013 

(click on the chart to enlarge)

remarks: 

what i read today: David Stockman on his Book and the Bailouts (07 sept 2013)

http://www.lewrockwell.com/2013/09/david-stockman/exposing-crony-capitalists/

stok tots: exits (07 sept 2013)

The key above all else is always to have a plan to get out of every trade before you get in. Before each trading day begins think about what you will do based on the price levels your open trade is at and where it may go.

 7 Good Ways To Exit a Trade

http://newtraderu.com/?p=4870

what i read today: Lessons Learned From A Million Dollar Loser (06 sept 2013)

http://howoftrading.com/lessons-learned-million-dollar-loser/

what i read today: A Few Lessons From Sherlock Holmes (06 sept 2013)

http://www.farnamstreetblog.com/2013/09/a-few-lessons-from-sherlock-holmes/

stok tots munger (05 sept 2013)

“…It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”

- Charlie Munger

http://www.mercenarytrader.com/2013/09/the-too-hard-bucket/

what i read today: A Trader’s Most Important Question (05 sept 2013)

http://newtraderu.com/?p=4835

what i listened to today: The Faceless Trader: Chicken nuggets Of Wisdom #1 (05 sept 2013)

The Faceless Trader
Chicken Nuggets of Wisdom #1 – George Horace Lorimer
http://facelesstrader.wordpress.com/2013/08/21/chicken-nuggets-of-wisdom-1-george-horace-lorimer/
http://www.educreations.com/lesson/view/chicken-nuggets-of-wisdom-1/9676110/?ref=appfb

stok tots (04 sept 2013)

1. Coat tailing is when a trader follows a guru’s trades instead of learning to trade correctly themselves.

http://newtraderu.com/?p=4823

what i read today: Trade Like A Casino, Not A Gambler (02 sept 2013)

http://newtraderu.com/?p=1764

just charts: AGI/Alliance Global Group, Inc. (02 sept 2013)

agi chart as of 02 sept 2013 

(click on the chart to enlarge)

remarks: 

what i read today: The Top Ten Trades of All Time (01 sept 2013)

 Letting the right winner run can change a traders life. Do not set a target but instead let the price take us out of the trade.

http://newtraderu.com/?p=4773

just charts: GTCAP/GT CAPITAL HOLDINGS, INC. (01 sept 2013)

gtcap chart as of 30 aug 2013 

(click on the chart to enlarge)

remarks: 

what i read today: Financial Statement Analysis for Beginners (01 sept 2013)

http://www.investinganswers.com/education/financial-statement-analysis/financial-statement-analysis-beginners-1984