Saturday, November 9, 2019

some select stocks (09 NOV 2019)

this is what i would do if i were trading the stock (my simple system is found after the stock list below)

STOCK LIST:

aba: cutloss just below the 0.81 centavos ...

aceph: while the macd histogram is already below the 0 - line .... the price is still falling ... wait pa muna before buying when the price is already rising ...

ali: cutloss just below 46.35 ...

bdo: the macd histogram is above the 0 - line already ...

bpi: cutloss just below 95.20 ...

eei: the macd histogram is already above the 0 - line ...

ferro: the macd histogram is below the 0 - line already but the price is falling pa ... dont buy pa ...

home: no macd histogram (12, 26, 9) yet ... pababa pa yun price ...

kppi: the macd histogram is above the 0 - line pa ...

mbt: the macd histogram is above the 0 - line pa ... 

mpi: the price is falling pa ...

ppg: cutloss just below 10.14 ...

pxp: the price is falling pa ...

sm: the macd histogram is above the 0 - line pa ...

smc: the macd histogram is above the 0 - line pa ...

smph: the macd histogram is already above the 0 - line ...

wlcon: the macd histogram is still above the 0 - line ...

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***i am not a day trader
***follow me at finance manila

* 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

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

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, November 2, 2019

some select stocks (02 NOV 2019)

this is what i would do if i were trading the stock (my simple system is found after the stock list below)

STOCK LIST:

aba: the macd histogram is already below the 0 - line ... but the price is still down (one centavo lang above the lowest) ... id rather wait pa muna before thinking of buying ...

aceph: the macd histogram is still above the 0 - line .. wait pa muna before buying ...

ali: the macd histogram is still above the 0 - line: dont buy pa

bdo: the macd histogram is above the 0 - line already ...

bpi: the macd histogram is still above the 0 - line ...

eei: cutloss just below 10.02 ...

ferro: the macd histogram is below the 0 - line already but the price is falling pa ... dont buy pa ...

home: no macd histogram (12, 26, 9) yet ... pababa pa yun price ...

kppi: the macd histogram is above the 0 - line pa ...

mbt: the macd histogram is above the 0 - line pa ... 

mpi: cutloss just below 4.73 ...

pxp: the macd histogram is above the 0 - line pa ...

sm: the macd histogram is above the 0 - line pa ...

smc: the macd histogram is above the 0 - line pa ...

smph: the cutloss just below 38.00 ...

wlcon: the macd histogram is still above the 0 - line ...

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

***i am not a day trader
***follow me at finance manila

* 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

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

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"