Trading Psychology 101 (PSYCH)

[JefftDecker]

UGP

watching

[JefftDecker]

AOBC ready to go

[JefftDecker]

deleting soooooooooo many stocks

off the platform, most turning into sell signals.

start working on hedging possibilities or shorts.

good luck to all

[JefftDecker]

Trend balance is negative

buy puts way out in Sept 21
watch the trendlines for entry

[JefftDecker]

AOBC looking grrrrrreat

[JefftDecker]

SPY

no strength, signals getting weak
could go down if crossovers occur

[JefftDecker]

GLNNF

[JefftDecker]

BGCP

watch how it works

[JefftDecker]

also

consider LNDC bottoming here

[JefftDecker]

buy yourself some

RIBT, insiders buying up the stock in truckloads

something coming down the pipeline

[JefftDecker]

GBTC sorry last post wrong ymbol, VWAP now $778 waiting for pullback

probably wont get one now, not chasing it here
up $93 to $819

[JefftDecker]

CPB

[JefftDecker]

GTBP

trade what you see, not what you think

[JefftDecker]

HPJ gonna get stopped out

one that didnt work oh my

[JefftDecker]

HPJ ticking up a little

starter position

[Swampdude]

I'll be watching it at open.

Thank you R5,

SD

[JefftDecker]

HPJ

this could be buy the pullback here, if so, a entry of $5,30 with 25%
target, this will be a swing trade, target $6 5/8+ for sell. if it starts
dipping below $5.18 hold off. Im looking to go long here.

more later

[JefftDecker]

MTLS

hard finding stocks lately with market over priced, but stick with strong and yu could survive. MTLS fits that category, an entry around $15.50 with a sell target near $18 seems fair.

looking to add here, so if it holds here the plan is on

good trades

[Swampdude]

Biotecs are odd this year. Not like during the election when you posted LABD due for a pop and it went up 15 bucks in days. Of course it is in the lows 4s now and hopefully can do it again.

I hope we come across a stock making the 7x26 or 8x24 crossover soon as that seems to be the best time to get in them and make sure you are not chasing. I know one is coming, so I am in no hurry and will be patient. Like Shadow says, let the market come to you.

With my funds taking 2 days to settle, many times I have missed the good stock by taking an ok one. Yet a profit is a profit.

[JefftDecker]

GLMD getting itchy finger for this one. dont like biotechs much but

this one looks good. also KURA if you do one, go small position.

[JefftDecker]

yeah ok things move fast sometimes

here is one FENG, i cant give a good entry point except somewhere near
6.09. wait till pullback, im missing these myself.


if you buy at $6.09 add $1=sell at $7.09 ok or calculate 20%
good lluck.

[Swampdude]

I will cancel, I had a bid in at 5.30 looking for a morning dip because it looked like it was getting close to R3 and I figured there would be some profit taking. It dipped to 5.40 but I removed my bid as you said to.

I have to work today but can keep up on my phone. Please let me know if you find one crossing the entry point or close enough to satisfy you.

Of 100%, how do you divy up your entry targets? 1 point profit = ?

Thank you for your help, you are appreciated,

SD

[JefftDecker]

hold off on this, full stochastics overbought

but it still could go, id rather get you in something fresh off the
bottom, but go ahead and monitor this trade to see where it goes.
a buy the dip here would be appropriate off the 7ema

stay tuned ill see what i can find.

[Swampdude]

Good morning sir,

Should we keep this conversation over here to allow the more experienced traders to stay on their topics?

I don't like to ask you novice questions, but I am novice. I am still getting up to speed on trading terms. So, With a 6K budget, how much should be allotted to the starter position in HPJ and when you say target 1 point profit, what is 1 point?

TIA,

SD

[Swampdude]

Thank you R5,

For showing how simple it can be made to follow a stock. I am ready to get my feet wet and have 6K to start with.

TIA,

SD

[JefftDecker]

ok listen up

try and keep the chart reading simple to start, dont go all hog wild
looking at dozens of averages, these charts i am posting are replicas to what an algorithm program triggers, i been working this for some time,
the crossover is the ticket to the elevator to the top floor, everybody
has a gig,

Trade what you see, not what you think.

some oscillators just confirm your conviction the price will move up.
2 crossovers that are good are the 8ema x 34ma, or the 7ema x 26ema that
i am currently testing.

take for instance BLFS, still on the go, as you can see, May was a perfect entry point, May 8 when the VTX green crossed upward, dont confuse yourself
here, just watch the 7 x 26ema, it always hugged the 7ema, the 26ema can be used as your stop loss. ok. yeah there will be dips and sideways, but you stay the trend until it falls below the 26ema or 34ma.



lets have anoter look. not all stocks will do what BLFS did, those are exceptions, you may have to swing trade many untill the trend is establised, enter trades around the crossover and target at least 20% then up to 50% exit.

MTLS this is a real trade i am in, on 9/13 bought MTLS for $13.40,
figure 20% profit would get it to $16.08, now im watching the RSI and full stochastic which are suggesting it is slightly overbought, but i think it can go a bit further, maybe 30% from entry if it take out those
2 previous highs, so my new target will be, $17.42...and i will watch closely, no trailing stop yet but i my do it soon enough.

keep coming back, it works if you work it. get your feet wet and tell me when yor ready.

[JefftDecker]

The Trader As A Sniper

this is so true.
practice practice study study




http://traderfeed.blogspot.com/2017/10/the-trader-as-sniper.html

[MossyOak]

Awesome I information that is for the tips!!

[JefftDecker]

the psychology of algorithmic trading

algorithms will make you a better human or, at least, a better trader

When faced with a decision that tugs at our primal fears or desires our brains start to weeble and wobble and make decisions based on that primal drive rather than a well-thought-out course of action

You have to trade through every kind of market before you develop an innate trust in the system. This is why trading through all environments; low volatility, high volatility, bull markets and bear markets is extremely important and necessary to develop the trading skills needed to be the kind of trader we all want to be. Once you trust the set of rules you follow, your trading will be much easier and eventually will become as boring as watching a bad documentary.

[MossyOak]

In cash now waiting for a nice pull back first.

[JefftDecker]

hows the LiteCoin treating you

[JefftDecker]

how to stick to the trend,

Trade what you see.

[JefftDecker]

for reference

https://cryptoinsider.com/trading-cryptocurrency-traditional-assets-whats-difference/

[MossyOak]

It's a scam!! Do not but into that, ONLY buy Litcoin on the Coinbase.com exchange.

I'm waiting got hit to hit 50 or lower then get in, on the WEEKLY $48.00 is strong support.

[JefftDecker]

GBTC down $80 now to $615

not good

[MossyOak]

Buy the real thing, get you some Litcoin. I'm waiting for pull back to be completed.

[JefftDecker]

GBTC

if it holds here, I may go for some

[MossyOak]

I'm 100% in $LTC Litecoin, in cash now wishing it hits sub $50.00

[JefftDecker]

some of these bitcoin stocks are taking a beating

[MossyOak]

Man, now that's the best advice ever!! Thanks

[JefftDecker]

Remember

its like a note to self and repeat over and over

rule #1- trade price action and charts on stocks alone, not the market,
ignore news and social media, Trade what we see, not what we think!
the profits will add up.

[JefftDecker]

XOMA just an example

browsing thru an algorithm program recommendations, at the precise time the
VTX crosses upward, so far these signals come as close as ever to the

programs buy signal, yu can adjust some, but wanted to show yu some insight.

in actual algo trading, the (machine) buy signal was generated on May 31st, but yu always dont have to go all in right away, after careful study,,yu can see that August 21st is the perfect entry point. still doing a lot of work on this but close enough for government work. (HAHA)

Notice the tight hold in the 8/34 ma range much accumulation going on.

[JefftDecker]

Can yu imagine

even if yu coulda gotten a few at the low.....WOW,,,,i knew to do it
but where was my head
'

[MossyOak]

All in trading is Litecoin

[JefftDecker]

Four Important Trading Insights



http://traderfeed.blogspot.com/2017/09/four-important-trading-insights.html

[JefftDecker]

hey if yu got any to share feel free to do so ok


TEAMWORK

[MossyOak]

Haha, nice find for sure!!

[JefftDecker]

CVRR trucking on up, how did i miss this on friday

[JefftDecker]

ZENO

does that look like accumulation there

[JefftDecker]

well something happened