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Thanks for sharing your thoughts Losing. Really good post!
Just had a good look at the Chart in the Ibox---looks like this could have a nice move coming!!!
HNSN,OCZ,DUSA-- all up nice since I posted the charts. Nice when the market cooperates!!
GTXI still in play here. This is hard to predict here??? Its a nice uptrend--but is this a pullback for a bigger move up?? or the start of a break down?? Make sure you know your Stop before you Shop!!! Ive seen similar patterns do very well-- time will tell ?? why cant it ever be easy?
Link back for chart
ECTY looking good here!! Lets hope this move can continue?? Indicators starting to Giddyup!! Need the market to play nice...
Link back to chart
Thanks Jacki!! Well thought out post and from the heart. I think the thing that made it so hard is were good people and wanted to think the best of Monk, its what good people do. Why wouldnt we trust and give him the benefit of the doubt?? Monk could have had it all--I think it grew faster than he could deal with and greed took over and all of it based on a false foundation. He should have sponsered the Monkinars and brought in real traders who were making a living in the market with proven trading records, and he still could have been a hero and very well off. Ive treated this whole expierence like nothing more than a bad trade!! That turned into a learning expierence with the benefit of knowing nice honest people like yourself and a few others..
Thanks for sharing Losing, Looks like Ibox material?
Looks good hope you got some ??? Silver stocks on the move!!!
OSIR= break-out-- looks like they whip-sawed everyone out and then let it go?? Link back for chart
Be careful with that one lots of volume in the last 1/2 hour turned that from green to red --not sure whats going on there???
Morning Losing! already for an action packed friday?? Im not I think Im ready for the weekend--lol
Why make huge gains like that one when you can agonize over every up down tick of a nice slow mover?
Well the market as really sucked at times over the last 6-7weeks so dont let it get to you. Ive seen great traders get thier lunch handed to them in bad markets. Just stay on course by managing your risk--and be on the ready when the times get good again--and they will. Market just runs thru its cycles and usually runs me over in the process!!but you need to stay in the game.
I think it may consolidate?? Only negative is the volume is decreasing??,and jumped abit outside the upper BB. Look at how similar the pattern is around April 1. My other pick turned out alot better
Sounds like fun Hawk--take care and have a good trip!!!!s..
Thanks I got it!!!! Up 12% great looking chart!!!!
im hoping its west coast time???
MrJuicy come on give us one of those monster picks!!! Youve been quiet for to long. Anabolic,parabolic,Juice Monsta pick !!
Thanks Gman-- Ill let Hawk and Recognizer do the heavy lifting
Looks good, increasing vol. but the candle shows some indecision?? looks good to the upper BB ?? Nice uptrend and the markets been crap--- Never seen a more definite maybe???? lol
Well Im no expert but I know that tumbling cube on your signature is a great start!! Throw in my dart board and were on to something.
Congrats Recognizer.......... I know this board as moved to a private site but lets keep it going here!!!
Just keep those picks coming!!! Just need to fine tune them abit--so we get the creme of the crop!! Okay back to lurking in the shadows...
Hawker nice to see you here!!! Dont be a stranger and stay out of jail!!
This is why I like to use a buy-limit order--especially on thinly traded stocks
Col you can use which ever you prefer,I guess the worst case of a hard stop is the stock will gap down and take you out at a painfull price-- I dont worry about it--because over time the gap downs and the gap ups will even out with good stock selection. Never hesitate to ask questions--weve all been there.
Great post Losing!! You really just need to leave the emotions at the door and let the system do its thing it doesnt work if you dont manage your risk. Everyone needs to know just what thier level of risk is??? its not the same for everybody. I find I have more success when I set it and forget it--if I buy, I put in a stop after Im filled. Its easy to get hypnotised by every tick of the play your in. I usually check at some point in the day and if the overall market looks ready to fall off a cliff then Ill sell and if Im wrong I can always buy back or wait for the next play. I use to fear missing out on the big runner -- but my fear serves a better purpose by missing the big loser. By keeping a set stop fear doesnt even need to come into the equation