| StockFetcher Forums · General Discussion · I Just want to Share ... (Tongue in Cheek) | << 1 2 3 4 5 >>Post Follow-up |
| Mactheriverrat 3,153 posts msg #156176 - Ignore Mactheriverrat modified |
3/17/2021 10:09:28 PM @karennma Trades that don't go the way one expects . Get out with small lose than wait for a bigger lose. Try a different strategy for awhile . My strategy is Primary. Rsi(14) above 50.00 Eam(5) above Ema(12) Strong Guppy background trend Secondary. My modified /*SCHAFF TREND CYCLE INDICATOR of ema(5) , ema(15) Weekly Rsi(2) URG is the only trade I'm in right now.  |
| Mactheriverrat 3,153 posts msg #156177 - Ignore Mactheriverrat |
3/17/2021 10:32:56 PM TGB i was in and got out  SB also was in and got out.  Both just didn't feel right. Both may go up tomorrow but they were just moving for me. |
| karennma 8,057 posts msg #156180 - Ignore karennma |
3/18/2021 8:35:46 AM @ Mac, I posted this on another thread 2 weeks: General Discussion ยท Ten Days of Darkness Coming? karennma msg #156013 3/3/2021 11:51:06 AM @ Mac, Something really f'd up happened to me yesterday. I'm not going to post it here YET ... but, Lesson learned!! ===================================== THE LESSON --- One PIG I'm stuck with ... I have a watchlist, so, I only trade a basket of stocks I'm familiar with. I keep track of Earnings dates. I had the pig's earnings date on my calendar. As the date approached, I double-checked it and noticed the date had changed. (I have multiple sources I check to confirm earnings dates.) The EC was no longer in February but in March. I made note on my calendar. When March rolled around, I was excited to dump the pig with profits. So WHY am I still holding this pig? The #@)*&!s changed the earnings date AGAIN - THE WEEK OF THE E-CALL. I don't know exactly when they did it, but suddenly, the call was FOUR days earlier. The stock had jumped $50, so I checked the news, still thinking I'm gonna make a killing in a few days ... Too late! Dirty Scum! |
| karennma 8,057 posts msg #156181 - Ignore karennma |
3/18/2021 8:51:44 AM @karennma Trades that don't go the way one expects . Get out with small lose than wait for a bigger lose. Try a different strategy for awhile . ====================================== It did go the way I expected. What I didn't expect was - (see post above). I cannot post the words here that express my feelings ... There's a thread here about personal "rules". There are certain things I just don't do. I "Don't change horses in midstream." If these *!^#$#&^+s* had not messed with the EC date (twice to my knowledge), I would've been out with profits. Thanks for the feedback, tho'. Always appreciate suggestions. |
| karennma 8,057 posts msg #156182 - Ignore karennma modified |
3/18/2021 9:03:29 AM Cheese 1,056 posts msg #156175 - Ignore Cheese 3/17/2021 8:26:36 PM @karennma, I'm having eye problem so I cannot help right now. ===================================== Sorry to hear about eye problem. If it's just a "vision" issue, you can get tons of good cheap readers on AMZN. EDIT: Can you tell I'm PO'd? I keep typing messages with typos and leaving them -- as is. Lotsa CRAP going on --- I really have to force myself to concentrate. |
| davesaint86 725 posts msg #156185 - Ignore davesaint86 modified |
3/18/2021 9:58:32 AM This filter seems to work pretty good. I think of it kind of like the Connors TPS (Time, Price, Scale-in Strategy). Price should be above the MA(150) or MA(200) I find that price rarely hits Buy5. I usually like to buy at least at Buy2 and below. So for example buy 20% of a position at Buy2. Buy another 30% at Buy3 Buy another 40% at Buy4. Buy the remaining 10% at Buy5. There is not easy way to backtest this strategy. Just analyze the daily moves when there is a minor correction and only buy high relative strength stocks or ETFs. You can buy at Buy1 - just scale in slow and low. I forgot to add - that would can scale out and sell of shares to lock in profits. |
| Cheese 1,374 posts msg #156186 - Ignore Cheese modified |
3/18/2021 10:03:47 AM Thank you, karennma for the Amazon shopping tip and John(Mac) for the updated T A tips. karen, I've also had painful losses like you and Mac. The lesson I've learned is: There is no use crying over spilled milk. What is done is done. The more time I spend on regrets, the less time I'd have to find opportunities. Bad luck and good luck go around and around. Better luck on your next moves ! Edit: I just saw dave's filter. Thank you, dave. I'll take a more careful look later. |
| lis 37 posts msg #156187 - Ignore lis |
3/18/2021 10:04:17 AM I totally get your pain, @karenma. You've been on this board awhile, and I'm sure you know what you're doing. Sometimes a person just needs to vent, though, when they're stuck with PIGs - in this case total "suck"lings. |
| davesaint86 725 posts msg #156189 - Ignore davesaint86 |
3/18/2021 11:55:46 AM The only thing that is saving me right now is Bitcoin and GBTC. My other holdings are down. |
| karennma 8,057 posts msg #156190 - Ignore karennma modified |
3/18/2021 12:19:59 PM lis 23 posts msg #156187 - Ignore lis 3/18/2021 10:04:17 AM I totally get your pain, @karenma. You've been on this board awhile, and I'm sure you know what you're doing. Sometimes a person just needs to vent, though, when they're stuck with PIGs - in this case total "suck"lings. ================================= @ lis, THAT'S IT! They're "suck"lings". They're sucking the blood out of me. By that I mean, they're sucking income outta of me because I can NOT get into anything else until I get out of these. That DROP we had 10 days or so ago was a G*dsend. I couldn't get into anything without overextending myself. MY rules (and I TRY to stick to them): - Don't change horses midstream - Don't overextend yourself. Unfortunately, I felt overextended because some of the pigs turned out to be non-performers - to my surprise. |
| StockFetcher Forums · General Discussion · I Just want to Share ... (Tongue in Cheek) | << 1 2 3 4 5 >>Post Follow-up |