3 Apple 'Long Shots' That Could Happen [View article]
I'm a fairly new Macbook Pro user. Well, it feels like new because I hardly ever use it. I bought it maybe 2 months ago, but the thing I hate is that you sometimes have to enter a user name and password when you want to do something simple, like download an app. Grrr. I don't know how many times I've had to change my damn password because it was wrong.
And then I had to use a keychain to log back in, and when I tried repeatedly to enter the keychain, It didn't work and it was a bitch trying to get rid of that damn keychain flag. I rarely use the Macbook because of this, and I'm a Windows 7 guy, still.
I had to buy one to see what all the fuss was about, but man, I just hate all the password entering you have to do on Macs. Does anybody know if Roboform will alleviate this?
I also have a business in which I use Windows 7 throughout, because the programs I have to use aren't available for Macs, so the Mac is useless to me in business. I know you can install Windows 7 on a Mac, but it seems like a hassle. I do like the speed and dependability of the OS, and wish I could use it in business. Maybe I'll give it a try someday.
Allied Nevada (ANV -11.6%) announces Q1 earnings of $0.10/share, beating consensus of $0.06, and a 25% rise in revenues to $49.2M. But shares plunge on a bought-deal purchase of 14M shares of common shares at $10.75 by a syndicate of underwriters; proceeds will be used to fund capex at the Hycroft Mine in Nevada, which is expected to produce 225K-250K oz. of gold in 2013. [View news story]
Man, I was short that trade last week, but exited when GOLD went up. Now I wish I'd have stayed in. Missed out on at least $6000 .
I hold no ill will towards anybody, but I have lost the equivalent of a house by buying AAPL, so forgive me if my perception of fundamental investing has been skewed by this terrible trade I locked myself into, relying on nothing more than the countless positive fundamental AAPL articles found on this very website, articles that kept coming all throughout this massive downtrend.
So far, all the statistics and rumors and financials and fundamental data on AAPL have not helped me even one iota, and have robbed me of my future.
Fundamentals don't tell you when to enter or exit a stock. They don't tell you when to short a stock. They merely tell you to enter long and hope for the best, and hold for years.
That may be fine when a stock is trending up, but not when a stock is in a massive downtrend.
You don't fight the trend, you don't fight the market.
If you want to invest in AAPL, wait until the change in trend is confirmed, then go long. Will you miss out on some profits? Sure. I don't know of anybody who buys at the exact bottom. But you will also miss out on losing a bunch of money because you went long against the trend.
I was impressed by all the articles on AAPL, packed with all the information you could ever want about a stock.
Remember Andy Zaky? Pure fundamentalist all the way. Where is he today?
I blame no one but myself for being so passive and allowing it to happen in the first place.
If I had been a trend follower last year, none of this would have happened to me. I'd have exited this bad trade and shorted this stock, and made a fortune doing so.
I'm just trying to find a way to make my money back. I have a long way to go.
I got out at $445.00, and while AAPL bounced around that area after I sold, it is now hovering around $400.00. I prevented AAPL from stealing another $18,000 from my account.
I still have enough left to trade with, so I'm going to try and get my money back.
Trend following seems to be the way to go for some quick, easy gains.
In the past 2 weeks, I have booked several $2,000 trades, and several $3,000 trades, and I was $4500 ahead on one trade in just a few days, before booking that trade at a little under $3,000. I'd say that's a lot better than just kicking back and doing nothing but hope and pray.
I was up $14,000 in less than 2 weeks, but I made a mistake. I got so enthusiastic about buying stocks on the RSI bounce set to a period of 2, that I entered a bunch of trades relying on just the RSI 2 bounce.
I didn't realize that I had to also look at the trend, and I entered some of these trades in the wrong direction of the trend. These trades quickly went against me, and just like that I lost the $14,000 in 3 trading days last week.
I made a recovery on Friday, and got back around $3,400 on that day. That is when I realized that in order to maximize the chances of a successful trade, I had to trade in the direction of the trend, and simply wait until the dip for an entry point.
I am so convinced that this will work, I have sank $29,000 into 4 option trades this week. If they all pan out, I could easily make $10,000 this week. If they don't, I will refine the method and try again. But I will not give up. Trend trading seems to be the safest and most logical approach to buying stocks that I have found yet.
Best of luck to you, my friend. I hope your AAPL trade works out.
Apple $395: Time To Give Up And Abandon Ship? [View article]
Hi Adam,
Sorry , but I have to disagree with you. Now, I'm no expert, but is it really wise to "take a bet"?
That's gambling, guessing, hoping and praying.
Does anybody really want to wait 3 years or 6 years in the hope they'll get their money back?
Wouldn't it be better to invest in something you have a reasonable certainty that you will succeed in quickly?
Because so far, anybody who has gone long on AAPL in the past 7 months has been burned, unless they day traded and were fortunate enough to get back out.
The simple thing to do is to trade a stock in a strong trend. If you must trade AAPL, the trend is down.
You don't go long in a downtrend. Does that sound logical?
You also don't fall in love with any stock.
AAPL is just a stock, and it's a stock in a downtrend. So if you must trade AAPL, the proper trade is to short it until an uptrend has been confirmed. Enter short on bounces, and take your profits.
Why lose money if you don't have to?
Don't we all trade for the express purpose of making money?
AAPL is bouncing up and down and sideways, and is not a safe trade at all right now.
Better to trade a stock in a nice, easy, continuous long term trend. You know the kind? AAPL used to be in one, and people made a lot of money.
There are still plenty of stocks out there like that.
Apple (AAPL): FQ2 EPS of $10.09 beats by $0.02. Revenue of $43.6B (+11% Y/Y) beats by $1.1B. 37.4M iPhones, 19.5M iPads, just under 4M Macs. Expects FQ3 revenue of $33.5B-$35.5B, below $39.3B consensus. Buyback increased by $50B. Shares halted. CC at 5PM ET (webcast). (PR) [View news story]
Wow! LOL. I just about had a heart attack. I did a trade today on DTE because it's in a strong uptrend, and it was down today.
Then I looked at what I thought was the DTE chart, and my heart sank. I said, "How could I go long an that chart?"
To my relief, I was looking at an AAPL chart. LOL.
I then looked at the DTE chart, and knew I would make money tomorrow.
Following the trend would have also caused you to exit and short that stock.
Sure, you will take some losses when exiting bad trades, but think of the gains you'd have made following that trend down.
But for those still holding on after buying high, they weren't trend followers. I know I wasn't when I blindly held and held and held, hoping beyond hope that the stock would recover, not knowing what to do, being held captive to a bad trade.
I lost a lot of money holding AAPL shares and I also lost a lot of money on AAPL call options, going long against the trend, just like Zaky.
No more.
I will never go against the trend again, and I will only trade a stock in a strong trend, either long or short.
Follow the trend and you will make money.
Fight the trend, and you will lose money, unless you are lucky enough to catch a change in the trend, or you enter and exit very quickly on a bounce or dip, before the trend resumes.
A change in trend doesn't happen very often. It happend to AAPL at $705.00, and no one knew it at the time because it takes time to confirm a change in trend.
We're still waiting 7 months later for that downtrend to reverse.
It's better to hop on a strong trend for some nice, quick gains, than it is to just sit there and let Mr Market decide what to do with your money.
5 Reasons Why I Am Shorting The Market [View article]
Forget fundamentals. You don't need 'em.
Fundamentals don't tell you when to enter or exit a trade
The easiest way to invest is to simply follow the trend.
I know with great certainty that I will make $4000-$10,000 tomorrow, on a trade I did today, because I looked at a chart and saw it was time to buy.
I'm looking at several other charts, and hope I can enter those trades tomorrow.
Trend following is the easiest and safest way to make big bucks fast.
When a reader tells me he lost $4,000 this month trading, and he wants help, I know he doesn't know how to read a chart or follow a trend, because if he did, he wouldn't have had those losses, and he wouldn't have needed my help.
Which would you rather do. Spend seveal hours reading a prospectus, or spend several seconds glancing at a chart?
Just today, I closed a trade with a $2,000 gain.
I opened that trade yesterday
You just have to find a stock that is trending, and jump in after the dip or bounce.
The trend will always resume after the dip or bounce, unless the trend changes. That is why I know I will make a lot of money tomorrow. That is why I sank a lot of money into the trade.
Charts give you confidence.
Reading other peoples opinions about what they believe a stock should do doesn't.
If you haven't closed any trades with $3000-$4000 gains lately, I'd say you're probably doing things the wrong way.
If you follow fundamentals over trends, I'd say you're definitely doing things the wrong way.
For a list of the trending stocks I'm following this week, visit my insta blog, and good luck, everybody!
3 Apple 'Long Shots' That Could Happen [View article]
And then I had to use a keychain to log back in, and when I tried repeatedly to enter the keychain, It didn't work and it was a bitch trying to get rid of that damn keychain flag. I rarely use the Macbook because of this, and I'm a Windows 7 guy, still.
I had to buy one to see what all the fuss was about, but man, I just hate all the password entering you have to do on Macs. Does anybody know if Roboform will alleviate this?
I also have a business in which I use Windows 7 throughout, because the programs I have to use aren't available for Macs, so the Mac is useless to me in business. I know you can install Windows 7 on a Mac, but it seems like a hassle. I do like the speed and dependability of the OS, and wish I could use it in business. Maybe I'll give it a try someday.
3 Apple 'Long Shots' That Could Happen [View article]
$420, here we come!
Thanks, AAPL, for all the heartache and misery you've caused me these past 8 months.
Shoulda bought GOOG a long time ago, dammit! Bought some yesterday, and made a nice profit so far.
Good luck, longs.
Allied Nevada (ANV -11.6%) announces Q1 earnings of $0.10/share, beating consensus of $0.06, and a 25% rise in revenues to $49.2M. But shares plunge on a bought-deal purchase of 14M shares of common shares at $10.75 by a syndicate of underwriters; proceeds will be used to fund capex at the Hycroft Mine in Nevada, which is expected to produce 225K-250K oz. of gold in 2013. [View news story]
2 Undervalued Mega Cap Cash Cows [View article]
I hold no ill will towards anybody, but I have lost the equivalent of a house by buying AAPL, so forgive me if my perception of fundamental investing has been skewed by this terrible trade I locked myself into, relying on nothing more than the countless positive fundamental AAPL articles found on this very website, articles that kept coming all throughout this massive downtrend.
So far, all the statistics and rumors and financials and fundamental data on AAPL have not helped me even one iota, and have robbed me of my future.
Fundamentals don't tell you when to enter or exit a stock. They don't tell you when to short a stock. They merely tell you to enter long and hope for the best, and hold for years.
That may be fine when a stock is trending up, but not when a stock is in a massive downtrend.
You don't fight the trend, you don't fight the market.
If you want to invest in AAPL, wait until the change in trend is confirmed, then go long. Will you miss out on some profits? Sure. I don't know of anybody who buys at the exact bottom. But you will also miss out on losing a bunch of money because you went long against the trend.
I was impressed by all the articles on AAPL, packed with all the information you could ever want about a stock.
Remember Andy Zaky? Pure fundamentalist all the way. Where is he today?
I blame no one but myself for being so passive and allowing it to happen in the first place.
If I had been a trend follower last year, none of this would have happened to me. I'd have exited this bad trade and shorted this stock, and made a fortune doing so.
I'm just trying to find a way to make my money back. I have a long way to go.
I got out at $445.00, and while AAPL bounced around that area after I sold, it is now hovering around $400.00. I prevented AAPL from stealing another $18,000 from my account.
I still have enough left to trade with, so I'm going to try and get my money back.
Trend following seems to be the way to go for some quick, easy gains.
In the past 2 weeks, I have booked several $2,000 trades, and several $3,000 trades, and I was $4500 ahead on one trade in just a few days, before booking that trade at a little under $3,000. I'd say that's a lot better than just kicking back and doing nothing but hope and pray.
I was up $14,000 in less than 2 weeks, but I made a mistake. I got so enthusiastic about buying stocks on the RSI bounce set to a period of 2, that I entered a bunch of trades relying on just the RSI 2 bounce.
I didn't realize that I had to also look at the trend, and I entered some of these trades in the wrong direction of the trend. These trades quickly went against me, and just like that I lost the $14,000 in 3 trading days last week.
I made a recovery on Friday, and got back around $3,400 on that day. That is when I realized that in order to maximize the chances of a successful trade, I had to trade in the direction of the trend, and simply wait until the dip for an entry point.
I am so convinced that this will work, I have sank $29,000 into 4 option trades this week. If they all pan out, I could easily make $10,000 this week. If they don't, I will refine the method and try again. But I will not give up. Trend trading seems to be the safest and most logical approach to buying stocks that I have found yet.
Best of luck to you, my friend. I hope your AAPL trade works out.
Apple $395: Time To Give Up And Abandon Ship? [View article]
Sorry , but I have to disagree with you. Now, I'm no expert, but is it really wise to "take a bet"?
That's gambling, guessing, hoping and praying.
Does anybody really want to wait 3 years or 6 years in the hope they'll get their money back?
Wouldn't it be better to invest in something you have a reasonable certainty that you will succeed in quickly?
Because so far, anybody who has gone long on AAPL in the past 7 months has been burned, unless they day traded and were fortunate enough to get back out.
The simple thing to do is to trade a stock in a strong trend. If you must trade AAPL, the trend is down.
You don't go long in a downtrend. Does that sound logical?
You also don't fall in love with any stock.
AAPL is just a stock, and it's a stock in a downtrend. So if you must trade AAPL, the proper trade is to short it until an uptrend has been confirmed. Enter short on bounces, and take your profits.
Why lose money if you don't have to?
Don't we all trade for the express purpose of making money?
AAPL is bouncing up and down and sideways, and is not a safe trade at all right now.
Better to trade a stock in a nice, easy, continuous long term trend. You know the kind? AAPL used to be in one, and people made a lot of money.
There are still plenty of stocks out there like that.
AAPL is not one of them.
Good luck everybody!
Apple (AAPL): FQ2 EPS of $10.09 beats by $0.02. Revenue of $43.6B (+11% Y/Y) beats by $1.1B. 37.4M iPhones, 19.5M iPads, just under 4M Macs. Expects FQ3 revenue of $33.5B-$35.5B, below $39.3B consensus. Buyback increased by $50B. Shares halted. CC at 5PM ET (webcast). (PR) [View news story]
Then I looked at what I thought was the DTE chart, and my heart sank. I said, "How could I go long an that chart?"
To my relief, I was looking at an AAPL chart. LOL.
I then looked at the DTE chart, and knew I would make money tomorrow.
Good luck, everybody!
5 Reasons Why I Am Shorting The Market [View article]
Apple Is Where The Value Is At [View article]
Find a stock in a strong trend, then follow that trend.
Good luck!
Apple Is Where The Value Is At [View article]
Following the trend would have also caused you to exit and short that stock.
Sure, you will take some losses when exiting bad trades, but think of the gains you'd have made following that trend down.
But for those still holding on after buying high, they weren't trend followers. I know I wasn't when I blindly held and held and held, hoping beyond hope that the stock would recover, not knowing what to do, being held captive to a bad trade.
I lost a lot of money holding AAPL shares and I also lost a lot of money on AAPL call options, going long against the trend, just like Zaky.
No more.
I will never go against the trend again, and I will only trade a stock in a strong trend, either long or short.
Follow the trend and you will make money.
Fight the trend, and you will lose money, unless you are lucky enough to catch a change in the trend, or you enter and exit very quickly on a bounce or dip, before the trend resumes.
A change in trend doesn't happen very often. It happend to AAPL at $705.00, and no one knew it at the time because it takes time to confirm a change in trend.
We're still waiting 7 months later for that downtrend to reverse.
It's better to hop on a strong trend for some nice, quick gains, than it is to just sit there and let Mr Market decide what to do with your money.
Good Luck!
5 Reasons Why I Am Shorting The Market [View article]
I ignored that warning about AAPL, and look what happened to AAPL.
Apple Is Where The Value Is At [View article]
All that matters is the trend, and whether you are on the right side of it.
Take one look at the AAPL chart, then tell me whether you should be long or short.
The trend will always resume, until that trend is broken.
The AAPL trend is pointing sideways
Why trade a stock like that, when there are so many stocks out there in strong uptrends, that you can rely on for quick massive gains?
For a list of trending stocks I'm following this week, see my insta blog
http://bit.ly/11vh5B3
All you need is a chart to trade. Nothing else matters, really.
If your stock is not trending, stay away and find one that is.
Jump on it after a bounce or dip.
That's all you need to know.
Take care, my friend.
5 Reasons Why I Am Shorting The Market [View article]
Fundamentals don't tell you when to enter or exit a trade
The easiest way to invest is to simply follow the trend.
I know with great certainty that I will make $4000-$10,000 tomorrow, on a trade I did today, because I looked at a chart and saw it was time to buy.
I'm looking at several other charts, and hope I can enter those trades tomorrow.
Trend following is the easiest and safest way to make big bucks fast.
When a reader tells me he lost $4,000 this month trading, and he wants help, I know he doesn't know how to read a chart or follow a trend, because if he did, he wouldn't have had those losses, and he wouldn't have needed my help.
Which would you rather do. Spend seveal hours reading a prospectus, or spend several seconds glancing at a chart?
Just today, I closed a trade with a $2,000 gain.
I opened that trade yesterday
You just have to find a stock that is trending, and jump in after the dip or bounce.
The trend will always resume after the dip or bounce, unless the trend changes. That is why I know I will make a lot of money tomorrow. That is why I sank a lot of money into the trade.
Charts give you confidence.
Reading other peoples opinions about what they believe a stock should do doesn't.
If you haven't closed any trades with $3000-$4000 gains lately, I'd say you're probably doing things the wrong way.
If you follow fundamentals over trends, I'd say you're definitely doing things the wrong way.
For a list of the trending stocks I'm following this week, visit my insta blog, and good luck, everybody!
http://bit.ly/11vh5B3
5 Reasons Why I Am Shorting The Market [View article]
http://bit.ly/14HshQX
5 Reasons Why I Am Shorting The Market [View article]
5 Reasons Why I Am Shorting The Market [View article]
No sense in taking the losses, when I can take the gains instead.