first, it comes down to each investors needs. many
Post# of 3333
(Total Views: 410)
Posted On: 03/21/2017 7:23:32 PM
Re: PennyStockin #1896
first, it comes down to each investors needs. many people on iFlub say, "Im in this forever" which makes no sense. selling is where we make profits
im not sure if youve ever been part of a run, but it is both exciting and stressful.
its virtually impossible to sell on the high before the fall.
check out this chart for AVXL ( i was invested last year):
http://stockcharts.com/h-sc/ui?s=AVXL&p=D...3986298043
The Heikin Ashi chart worked beautifully. selling when two red filled candles popped up.
now look at ICNB:
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2248042860
had people followed the Heikin Ashi chart and sold their entire postion on Feb 16 (second red filled day) they could have doubled or tripled their position if they bought back in today. very accurate chart.
selling is very emotional. many investors feel regret for 'selling to early'.
http://www.investopedia.com/articles/active-t...rading.asp
if you use the MA lines, thats fine. i use the EMA 13 and 48.5
im planning on selling my ICNB position by looking at the Heikin Ashi chart and slow STO.
when you make a buy or sell judgment, you need to be comfortable with it because theres a high probablility the price will go higher once you sell.
check out the logo on my board under Board information:
http://investorshangout.com/Joeys-Investment-Board-91611/
No Greed. No regret. Once you sell, be happy with the profits.
the RSI isnt accurate enough because it can stay over 90 for weeks.
Most important, there is some guesswork and guts involved aka variables which cant be measured. call it a gut feeling, but it does play a part.
im not sure if youve ever been part of a run, but it is both exciting and stressful.
its virtually impossible to sell on the high before the fall.
check out this chart for AVXL ( i was invested last year):
http://stockcharts.com/h-sc/ui?s=AVXL&p=D...3986298043
The Heikin Ashi chart worked beautifully. selling when two red filled candles popped up.
now look at ICNB:
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2248042860
had people followed the Heikin Ashi chart and sold their entire postion on Feb 16 (second red filled day) they could have doubled or tripled their position if they bought back in today. very accurate chart.
selling is very emotional. many investors feel regret for 'selling to early'.
http://www.investopedia.com/articles/active-t...rading.asp
if you use the MA lines, thats fine. i use the EMA 13 and 48.5
im planning on selling my ICNB position by looking at the Heikin Ashi chart and slow STO.
when you make a buy or sell judgment, you need to be comfortable with it because theres a high probablility the price will go higher once you sell.
check out the logo on my board under Board information:
http://investorshangout.com/Joeys-Investment-Board-91611/
No Greed. No regret. Once you sell, be happy with the profits.
the RSI isnt accurate enough because it can stay over 90 for weeks.
Most important, there is some guesswork and guts involved aka variables which cant be measured. call it a gut feeling, but it does play a part.
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(0)Iconic Brands, Inc. (ICNB) Stock Research Links
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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