Choosing to run in front of a speeding train to try to pick up $1,000, or waiting until it stops to go pick up $700 is similar to how buying sharp pullbacks works.
The numbers above are random, but the concept is clear.
Marty Zweig is one of my favorite investors of all time.
His investing rules, from 1990, are on my desktop and imbedded in my brain.
Rule 6 - Don't fight the FED, could easily be rule 2.
$BE 14% reversal off the highs shows the kind of weakness in the market for anything AI related right now.
I was stopped out of $BE in June, before it bounced, but it's -31% since my stop was hit.
The stops are there for a reason and will prevent acceptable losers from becomin
We bought $EWY on the https://t.co/9UwcEItYJx members site at 151.43 (avg) and sold out of it at 187, 203 and 166.
The chart at the time is (below) what I look for- breaking out over rising daily MAs.
The current chart (2nd post) is the opposite.
No reason to have been long here over the past few weeks.
50-sma break.
Bearish 10/20-sma cross.
Daily MA rollovers.
<no positions here. All were sold higher>
$GLW with a lower low. We closed this out at 268 and 166. At some point, the focus needs to shift from what to buy, to what to sell. That shifted for us on the BCD website on June 24.
$SNDK putting in a lower pullback low so far today, sitting on the 100-sma. We sold a lot $SNDK at 2167 and 2005 in June and closed it out at 1411 in July, on the https://t.co/9UwcEItYJx members site. Once stocks go into a trend pullback phase, I look to lock in gains, not buy on
Trading and investing are probably 80-90% mental - the rest is everything else. We all have access to the same charts - some consistently make money and some consistently lose money - the difference isn't the chart - it's the person.
One of the best ways that I know of to avoid overtrading and going on tilt is to stick to one or two buy signals, or chart patterns, and only buy those type of charts.
Making random trades in random stocks only because you think they will go up isn't a consistent, repeatable
$PLTR
93% revs growth and 214% EPS growth are big numbers number for 350B+ mkt cap stock. Will see if this can get back on the right side of the 200-sma.
Let's get this shared please
The first 160 names are gathered
I want to show the world 12000 real names of breast cancer deaths
A memorial dress on the biggest stage the @LondonMarathon
Please please retweet
Guys I can't Thankyou enough both videos have I've 18000 views
I have messages pouring in
Let's make this happen
Let's show the world what's happening
#12000names
Women in the UK
Are dying every day of breast cancer
Let's get this stopped by 2050
Pls RT to help @bigpinkdressgnr gather #12000names of people who have lost their life to breast cancer. This is an incredible initiative. Please support it ❤
@disco2man
Please RT to give this legs 😘
In April 2019 I'll be attempting the @LondonMarathon
In the 6.25 mile dress for @breastcancernow
@bcnow_scotland
I want to show the world what a loss of 12000 women to breast cancer looks like.
It's a big ask as I only have 6 months
Please share and help
https://t.co/N7Ohqv0Lpt