Posted On: 07/02/2014 12:07:15 AM
Post# of 96881
As a timer and my trading style my plan is always timing: plan my entry(when it breaks strong resistance and facts are proving news right); certain % of whole capital or all of it if you're a risk taker like a lot of people here 
, set stop-limit loss orders to limit your losses on already gains, set a target price(optional) but if you're using the S/L loss order then it will get you out automatically if things go wrong plus you set the price that you want all of your shares to be sold for(I think you know already that if you don't set a limit price some of your shares end up sold for less than the rest), but that's kind of my style... Not exactly like this though. If a stock goes up ride the trend like a pro and if it goes South then slide down the slope with your OWN style.
S*itting bull, NTEK is on my watch list(I have a plan), I read the financial statements(Tip: go to yahoo finance, type in NTEK, read the 10Q financial statements, I think you already know that), and yes I have to share my blessings(a little bit of knowledge) to people that don't have the luxury to have their money sitting in a price range living with stress and anger while the end of the month is creeping up. Honestly I'm not here to tell you how to do this but why I haven't read a good financial advice here??...all you do is to make people stressful, you must be a rich person or have another source of income to have your money ranging, and I'm not planning to buy right now because it has been ranging close to the downtrend resistance channel line, unless it's getting close to the support channel line yeah I would buy but it seems that it doesn't wanna go below 0.060 so again is ranging which means two things to me 1. downtrend is over and it's about to go up because that's how socks behave(range for days or weeks or even months before changing direction) 2. It could be a pause and continue its way down but unless it breaks and close above that weekly channel resistance line for two days then I'm buying(I'm not greedy). I'm self employed lol I don't work for anybody so if I buy 3 days later than you I'm alright with riding a nice 6 month up trend or more or less but I live free of stress and I have a plan. BOOM there all your doubts and questions answer lol that's how much time I get to do whatever I want without worries hahaha
, set stop-limit loss orders to limit your losses on already gains, set a target price(optional) but if you're using the S/L loss order then it will get you out automatically if things go wrong plus you set the price that you want all of your shares to be sold for(I think you know already that if you don't set a limit price some of your shares end up sold for less than the rest), but that's kind of my style... Not exactly like this though. If a stock goes up ride the trend like a pro and if it goes South then slide down the slope with your OWN style. S*itting bull, NTEK is on my watch list(I have a plan), I read the financial statements(Tip: go to yahoo finance, type in NTEK, read the 10Q financial statements, I think you already know that), and yes I have to share my blessings(a little bit of knowledge) to people that don't have the luxury to have their money sitting in a price range living with stress and anger while the end of the month is creeping up. Honestly I'm not here to tell you how to do this but why I haven't read a good financial advice here??...all you do is to make people stressful, you must be a rich person or have another source of income to have your money ranging, and I'm not planning to buy right now because it has been ranging close to the downtrend resistance channel line, unless it's getting close to the support channel line yeah I would buy but it seems that it doesn't wanna go below 0.060 so again is ranging which means two things to me 1. downtrend is over and it's about to go up because that's how socks behave(range for days or weeks or even months before changing direction) 2. It could be a pause and continue its way down but unless it breaks and close above that weekly channel resistance line for two days then I'm buying(I'm not greedy). I'm self employed lol I don't work for anybody so if I buy 3 days later than you I'm alright with riding a nice 6 month up trend or more or less but I live free of stress and I have a plan. BOOM there all your doubts and questions answer lol that's how much time I get to do whatever I want without worries hahaha
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