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  4. Big Tuna's Stocks Message Board

It was very nice. I hope it continues for a while.

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Post# of 2561
Posted On: 03/05/2016 3:18:59 PM
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Posted By: Big Tuna
Re: INSTATRADER #2212
It was very nice. I hope it continues for a while. But that doesn't negate the fact that the technicals are overbought. Will RXMD trade higher, consolidate or pullback. No idea.

Again, I chose to sell just over 65% of my RMXD because the RSI and other indicators were overbought. I sold for an average .041 for a gain of approx 150% over a few weeks. One can't lose if they lock in some profits. If it moves higher, great. In the meantime, I will continue to follow my own discipline and strategy. As I already mentioned, I moved those funds into IORG in the .50/.52s and am up almost 65% on those entries already, to my positions. Had I held my .041 RXMD, I would now be at .049, which is approx 20%. So let's see..... 65% vs 20%, and I'm still holding one third of my RXMD. It appears, for the short term, my investing worked just fine. If you don't like it, don't try to come over here to negate my opinions and work.

I shared IORG at .08 in mid November, and I have added on every dip and have not yet sold one share as the indicators have not yet entered my own technical zones to warrant selling. That's over 1000% from my initial purchases, so far. How is THAT for your labeling of "nibble money and trading like robots"?!! You are beginning to get a bit offensive, aren't you? Too bad you are finding it necessary to begin subtle attacks of those that don't invest they way you want them to.

You need understand, when I chose to point out potential entries and exits to my board, based mainly on technicals, I am not bashing. You on the other hand appear to be taking offense to my short term exit and taking some profits in RXMD and turning that into a gain of 65% on IORG.

As far as the chart and technicals on RXMD, despite the intra bounce from Friday's low, I now see 3 of my FullSto and MACDs have crossed to the negative side while the 20D MACD is curling. I may just sell the remaining amount of my position. That will be my decision to do so. I learned the hard way through the years. I invest and trade the way I find most profitable for my family and friends. I'm not as naive and stupid as in years past. You invest the way you wish to invest, and I'll invest the way I want to. How about that? I hope that's ok with you. If not, there really isn't a need for you to bring your messages over here.

458781223_RXMD.png


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