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ManoLive

ManoLive
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  • Low Share Prices Makes Apple A Screaming Buy [View article]
    On the 18th, the chart was over bought and screamed sell, so I sold out at $116.00 and bought puts. You must be about $5K in the red on that trade. Better invest in some charting software, and use StochRSI, MACDHistogram crossover, and RSI and you'll do better next time. It's all about timing, man. Patience.
    Aug 25, 2015. 04:21 AM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy [View article]
    I sold out at $116.00 and bought puts.
    Aug 25, 2015. 03:48 AM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy [View article]
    I think it took a dive because of the triple top chart pattern, just like the 2012 head and shoulders event. If it dives 45% like it did in 2012-2013, get ready to load up at $74.00. asf
    Aug 23, 2015. 10:47 PM | 1 Like Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy [View article]
    I think it took a dive because of the triple top chart pattern, just like the 2012 head and shoulders event. If it dives 45% like it did in 2012-2013, get ready to load up at $74.00.
    Aug 23, 2015. 10:29 PM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy [View article]
    Here's the chart I used to sell out my positions and short AAPL. Notice the StochRSI indicator? It was in the sell zone, above 80, and with the death cross and all the bad news, I decided to sell.

    I bought a put on Weds. The next day you'll notice a downward pointing arrow. That's the MACDHistogram Crossover indicator. When it points downward, that signals a change in the trend. Look back on the chart and you'll see this indicator was pretty good at picking changes in trend, except for the arrow in April, but the StochRSI indicated in was in the buy zone, so there was little chance of shorting it then.

    My short was confirmed by this indicator and I happily am holding one AAPL put, and that is it. When the indicators tell me to jump back in, I will be back in full steam ahead.

    The chart says AAPL is still going to tumble some more, so I'll hold my put until my indicators tell me otherwise. It's hard to time the bottom, but having a chart with good indicators helps.

    Don't buy shares right now because you think the price will rise next week. Wait until the chart tells you to do so. Start using StochRSI and the MACDHistogram crossover, and let me know how it goes.

    http://tos.mx/O9g3bv
    Aug 22, 2015. 08:07 PM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy [View article]
    My swing trade strategy had me sell out at $116.00. My chart said to short it. I did both. I put in a stop Tuesday nite just below the low of the day, which was $116.01. I was stopped out within minutes of the market opening. I then bought a put, and in two days I've gained $784.50, or $232.10 %, on that one put and also stopped the losses.

    My chart says to hold the put, AAPL is still going down. We'll see.

    I have 30 stocks in my watchlist, and 29 of them were in the red on Friday. More damage to come next week, I think. Be ready to buy some puts. Lots of opportunity to make money out there.
    Aug 22, 2015. 07:42 PM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy [View article]
    I wouldn't be surprised if it falls below $100 before the end of the week.
    Aug 22, 2015. 07:31 PM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy [View article]
    Bingo! Well done. Wish I'd have followed your formula. I listened to a friend who said sell, and lost everything.
    Aug 22, 2015. 07:30 PM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy [View article]
    You're either in it for the long haul, or you swing trade it. If you're still in and didn't take profits and short it, the last year of your life has been wasted. I held and held through the 50% decline and finally couldn't take it anymore and sold. I held at first because I was afraid to take profits. I kept holding because I was afraid to take losses.

    I finally sold out at around $440, or around $63.00 by today's prices, from a high of around $705.00 ($100.xx). My mistake was not getting back in near the bottom of the tumble. I missed out on all the growth from $385.00 ($55.00) to $938.00 ($134.xx), and missed the 7-1 split.

    I tried everything to get my money back, including day trading and swing trading, and kept losing and losing until there was nothing left but a huge mortgage and a bunch of credit card bills.

    AAPL took my life savings, and reduced me to living check to check. If I had done nothing but hold, I'd have made enough to pay off the house and still have 100K in the bank, which was the original plan.

    The moral of the story is that if you believe in AAPL, hold on for dear life. Take profits but be ready to get back in at a much better price. It's a marathon, not a sprint.
    Aug 22, 2015. 07:24 PM | 1 Like Like |Link to Comment
  • F.A.N.G.: The 4 Companies Driving The Stock Market [View article]
    Sounds like you need a day trading strategy, my friend. Although you are being vindicated right now by being short NFLX, it may not last. Here's a swing trading strategy you can use to avoid the huge losses you must have suffered by shorting NFLX:

    Swing Trading Strategy:

    When swing trading, your position size will usually be smaller than when day trading due to the fact that you are looking for a larger move. Your stop loss orders should be placed wider than when day trading for this reason. Naturally, your profit targets are farther away, so patience is a necessity.

    My Swing Trading Gap Strategy:

    * If a stock gaps 1-2%, enter 1/2 of the intended position sizeand monitor the stock’s behavior before adding to the position.
    * If a stock gaps 2-3%, only enter 1/4 of the intended position size.
    * If a stock gaps over 3%, it may be best to pass on the trade entirely, as the risk/reward profile of the trade is no longer the same.


    Swing Trading Exit Guidelines:

    * If the prior day’s low is taken out on the breakout day (or high for shorts), exit the trade.
    * Once a trade is held overnight, place a stop-loss order no further away than below the recent consolidation area, as a move beneath it would signal a failure.
    * Once a trade is profitable by at least 10%, never give back more than half of the open profit. This helps to avoid the frustration of letting winning trades turn into losing trades.
    * Once a trade is profitable by at least 5%, move the stop-loss order to breakeven on a closing basis.
    * Partial buys and sells can be very helpful. If a stock breaks out in a sluggish fashion, consider entering only a partial position. If a trade is exhibiting little follow-through after the breakout, decrease the position size.
    * Always monitor the health of the overall market, and the health of your positions. When things aren’t acting right, either lighten up or go to cash entirely to preserve capital. It’s easy to get back in!
    Aug 22, 2015. 10:39 AM | Likes Like |Link to Comment
  • After Surprisingly Successful IPO, Care.com Quiet Period Expiration Provides Buying Opportunity [View article]
    Thank you for the article. I didn't know about the release of reports being delayed. I have a position in CRCM, and hopefully it will get a boost this week. Your article gave me peace of mind.
    Feb 17, 2014. 12:06 PM | Likes Like |Link to Comment
  • After Surprisingly Successful IPO, Care.com Quiet Period Expiration Provides Buying Opportunity [View article]
    Actually, it's all about reading the chart and looking for a good entry. The 50% FIB line held, and the stock should climb from here. Buying opportunity.
    Feb 17, 2014. 12:59 AM | Likes Like |Link to Comment
  • LiveDeal: 50% Downside Possible In This Promoted Stock [View article]
    Thx
    Jan 30, 2014. 03:12 PM | Likes Like |Link to Comment
  • LiveDeal: 50% Downside Possible In This Promoted Stock [View article]
    Hi Chris, excellent article.
    Jan 30, 2014. 09:41 AM | Likes Like |Link to Comment
  • LiveDeal: 50% Downside Possible In This Promoted Stock [View article]
    Wish I could short it, but my broker doesn't have any shares.
    Jan 28, 2014. 11:48 PM | Likes Like |Link to Comment
COMMENTS STATS
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