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| Moderator Estimated_Prophet | |||
| Assistants wyobuford wharfrat | |||
This site is designed to give speculative stock trading ideas that hopefully give a higher potential upside than downside, and over relatively short periods of time. If you are using these ideas, it should be from spare money. One should not use retirement based funds for speculative trading ideas. Think of the children.
Most trade ideas are based on a technical approach, rather than by a fundamental one.
The common technical look and things to watch for in a "boosher":
Perceived reward 2 or more times larger than the risk(trend or consolidation break with stop loss).
Defined consolidation; Tight range with defined risk(stop loss) and defined boosh point(stop buy), with fairly measurable reward. Consolidations above previous highs from months or years ago, or just below all-time highs is ideal.
13ema above the 50 ema: Watch for the common kiss, and use the possible kiss area to initiate or add to a position. Cross can often be the kiss of death, but not always, especially if price reverses within a few days of the cross. This is the common measure of a bull or bear market for a particular stock.
ADX below 20: The longer the better. Shows high energy explosion or implosion.
13ema/20sma: Trademark boosh event. In a very bullish market, the 13 ema will stay above the 20sma and the kiss event is a great entry or addition point. Minimizes time risk, and dollar risk.
The only JBII discussion allowed here is for technical reasons.
Recommended Book Readings:
Reminiscences of a Stock Operator by Lefevre (Read it twice)
Trading For A Living by Elder
*Disclaimer-All investment decisions are the sole responsibility of the individual reading this crazy
little message board talking about stocks. One should always do proper due diligence and determine the suitability of that investment for themselves and the people that depend on them for daily bread. You could lose all of your money if you purchase an opinion from this board. Don't do something stupid and gamble your money away on booshers. Think of the children...think of the children.
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