Wednesday, October 30, 2019
Friday, October 25, 2019
Wednesday, October 23, 2019
Sunday, October 20, 2019
some select stocks (20 OCT 2019)
aba: the macd histogram is already above the 0 - line: look for some other stocks to buy ...
ali: the macd histogram is above the 0 -line already: dont buy pa
bdo: the macd histogram is above the 0 - line already ...
ferro: cutloss just below 4.58 ...
phen: altho the macd histogram is above the 0 - line already, traders might still buy this up until wednesday ... but short term trend followers of my variety wont risk it anymore (on the sell side na) ...
sm: the macd histogram is above the 0 - line pa ...
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***i am not a day trader
***follow me at finance manila
***bookmark me at: immovable as a mountain (a filipino trend follower's blog)
* these notes are good only for the next trading day ... and NOT for the subsequent trading days
* these notes are mine alone ... and are for sharing with short-term trend followers
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* these notes are mine alone ... and are for sharing with short-term trend followers
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HOW I TRADE:
*my buy criteria: i buy when the following happens:
1. the macd histogram is below the 0 - line
2. if the current price is higher than the most recent price bottom
3. i buy on breakouts ONLY when adding to an ALREADY EXISTING position
*when do i sell? i sell when:
1. i cutloss just below the most recent bottom
2. my trail stop is hit (this means that my position is already net positive)
*what stocks do i buy?
1. index stocks
2. stocks that have a current story as disclosed in the edge website ...
*what do i do when i start buying a stock?
1. when i buy, i buy in tranches .... when i see a stock fulfilling my buy criteria .... i initially buy 1/3 or 1/4 of my allocation for a particular stock ... then i wait and observe ...
2. on subsequent days ... when the price of the stock advances... i add 1/3 of my allocation ....
3. i add my last 1/3 allocation when the stock advances some more ...
* what i don't?
* what is a "short term trend follower"
Saturday, October 19, 2019
Saturday, October 12, 2019
some select stocks (12 OCT 2019)
aba: cutloss just below 0.80 ...
ali: cutloss just below 45.00 ...
bdo: cutloss just below 137.00 ...
mpi: cutloss just below 4.68 ...
sm: the macd histogram just crossed the 0 - line to the upside ...
smph: the macd histogram is above the 0 - line pa ...
-------------------------------------------------------------------------------------------------
***i am not a day trader
***follow me at finance manila
***bookmark me at: immovable as a mountain (a filipino trend follower's blog)
* these notes are good only for the next trading day ... and NOT for the subsequent trading days
* these notes are mine alone ... and are for sharing with short-term trend followers
--------------------------------------------------------------------------------------------------------------------------
* these notes are mine alone ... and are for sharing with short-term trend followers
--------------------------------------------------------------------------------------------------------------------------
HOW I TRADE:
*my buy criteria: i buy when the following happens:
1. the macd histogram is below the 0 - line
2. if the current price is higher than the most recent price bottom
3. i buy on breakouts ONLY when adding to an ALREADY EXISTING position
*when do i sell? i sell when:
1. i cutloss just below the most recent bottom
2. my trail stop is hit (this means that my position is already net positive)
*what stocks do i buy?
1. index stocks
2. stocks that have a current story as disclosed in the edge website ...
*what do i do when i start buying a stock?
1. when i buy, i buy in tranches .... when i see a stock fulfilling my buy criteria .... i initially buy 1/3 or 1/4 of my allocation for a particular stock ... then i wait and observe ...
2. on subsequent days ... when the price of the stock advances... i add 1/3 of my allocation ....
3. i add my last 1/3 allocation when the stock advances some more ...
* what i don't?
* what is a "short term trend follower"
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