stok tots: question on MRC (22 MAR 2017)

i got two pm's sa FM on MRC just now .. here is my response to one of the questions ...

Hi Sir Shoyu

Your comment on your blog uesterday , notice you have no mentioned about what price support and have many resistance level.

Do you mean this will be on a roll for a couple of days? Which is still safe to enter at this price?

Did not enter yesterday when price appreciation was already 5% thinking it would be up to about 8% up from previous price.

Thanks for your guidaance as a trend follower

walang price support kase seller na ako e .. when it is trending up ... resistance yung relevant sa mga trend followers ... they sell when their stops are hit .. or BUY more if the resistance is broken ..

i dont know where the price will go .. i just buy and hope for the best .. sell when my stops/cut losses are hit .. add when the price is rising .. until the time my budget for the stock is filled ... ganun lang ...

somebody asked me just now also on FM when is the time to buy .. ill quote na lang my answer to him ...

"i have a maximum of 2-3% of money on each stock .. exceptional na yung 10% .. so if you have more than 3% of your money on MRC .. if you are a trend follower ... i advise you NOT to add na ..

but if you still insist on adding ... you can buy anytime naman .. di ko naman alam kung tataas o bababa .. hahaha ... you may buy konti lang now if you want ... then wait ... if bumaba .. if you are a strict trend follower .. you SELL when your stops are hit! wait for the macd to be below the 0 - horizontal and when it is pointing up na to consider buying again ...

or .. you just stay put and just wait amd sell then your stops are hit .. and buy na lang ulet then the macd histogram is in the buying point ...

im not a manghuhula so i really dont know what will happen to each stock ...  "


i dont have any price targets so wala yun 5% or 8% na yan .. if it is time to buy .. BUY .. when it is time to sell .. SELL.

yun lang and good luck sa aten!