InvestorsHub Logo

kiy

Followers 53
Posts 16175
Boards Moderated 3
Alias Born 08/19/2010

kiy

Re: circlem post# 11351

Tuesday, 06/17/2014 1:17:24 PM

Tuesday, June 17, 2014 1:17:24 PM

Post# of 19859
You're Late...thats the White Rabbit...we do it to ourselves...Like you were saying yesterday...it usually comes with an "opinion"...I don't want opinions...I want signals at signal lines...


There's that "PILL"...again
Since Kittzelle has never seen this...
Lets look at what I call psychology around "round numbers" like the $10 stocks I like so much...

It is my contention that there is more psychology/behavior at the $11 and $9 dollar levels than at the $10...(From here on you should never risk more than $1.50/$1.60 and with practice you can get it down to 5/8ths of a point) Also...with THINK 5/8ths ... 3/8ths ...7/8ths in mind...which are good/near enough to the Fibronacci numbers also...
So...I want signals to happen...every one wants to buy $10 reversal..But with KNDI that hasn't happened...all the psychology and behavior is happening around $11...Look at how many 10% moves have happened in the last few weeks from both $11 and from $11.60..and $10 never happened...KNDI proves there is more psychology around $11...All I need is a stochastics signal and I'll trade for 10 % with 1/3rd of the position...
Late happens with signals and 10.60...and 11.60... miss the signal miss the ride to 10%..and psychology is saying this little stock thinks its a $14/$15 stock...

RULE of Thumb is price at 11 dollars thinks its a $14 stock...price at $9 expect $6...=Psychology is greater at 11 and 9 than at $10. YOU WILL ALWAY BE LATE IF YOU HAVEN'T PULL THE TRIGGER BY $11.62...
I suggest that you never need to risk more than 10% and that there will be a technical signal before that 10% happens if you listening to the chart; telling you its psychology is changing and therefore people's behavior changes...Hope turns to doubt and fear...

300 shares and a 10% move says sell at least 1/3 and the Market has bought your stop for you... on the remaining shares...
Daily chart...horizontal lines are at 11.60...11...and 9...

You will see the same around $5...lines are 4...5...6...
Listen to the signals...

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.