Showing posts sorted by relevance for query three-questions-to-ask-in-trading-range. Sort by date Show all posts
Showing posts sorted by relevance for query three-questions-to-ask-in-trading-range. Sort by date Show all posts

Monday, January 21, 2019

Trick Sleeper Plays 101




Sleeper Plays. 

Or inward a to a greater extent than pop term,
"Bodega Plays"

Before nosotros start, delight click that lovely link below
and detect the stock resources allotment of the Mage Class



During my adventures, I receive got met unopen to traders who are 
in this category large time. I was wondering how unopen to people have
 the forcefulness to 'love' exactly a few stocks for months without rest. 

You know, those who postal service relentlessly on threads of their 
favorite stucks, sometimes exactly talking to themselves 
or worse, creating multiple accounts exactly hence these accounts 
could verbalise to each other. 

All exactly hence others would take notice - possibly to hype, to 
have the thread on the top pages, or unopen to argue who 
knows what. It's pretty damn funny sometimes.





I'm certain y'all guys together with gals receive got met a bunch.
Just a tip inward dealing amongst these types: 

Even if we're inward the internet,

Never brand oculus contact.

Never


But the best business office almost these guys, is when the stock begins a
 monster rally. And together with hence they start acting similar a know it all guru
 and "telling y'all so." And those who oppose this novel guru gets to
be ganged upward past times the crazy followers - Such magnificent 
display of ignorance. But who cares? 

I'm genuinely guilty on unopen to of these during my ignoramus days.





Moving on....


When dealing amongst sleepers, y'all should start ask 
yourself these telephone substitution technical questions:

"Has the downtrend come upward to a stop 
and is straight off on sideways?"

"Are in that place signs of bullishness or 
higher depression (HL) patterns?"







If y'all answered yes. The side past times side questions y'all should 
consider if y'all invention on buying the sleeper are:

"Am I willing to hold back for at to the lowest degree three months?"

"Will I non move tempted if I come across other stocks 
flying together with my sleeper continues to sleep?"

If y'all reply Yes to these, together with hence you're 
another step to making that trade.

Because most traders neglect to cook their minds. 
And hence these things happen:



Having the correct mindset for the correct form of play together with to 
the correct form of trader is key to a successful trade.

Which means, if you're a trader who loves 
quick plays, don't larn 'investing'

Or if you're buying to invest, don't larn excited 
every friggin' fourth dimension your stock goes up.

That's non beingness multi-dimensional.
That's exactly beingness moronic.

Search the crevices of your mortal together with come across if 
you're a trader or an investor.


Now for the in conclusion step.


Buying a sleeper way buying at a depression range. And buying at 
this detail arrive at isn't really easy. For one, it's in all probability in 
an illiquid state. Not a lot of transactions happening.

It tin dismiss desecrate supports or fifty-fifty plough over wild upswings 
if some trader all of a precipitous loses his mind. 




Couldn't larn my before records. And it doesn't aspect the 
same straight off because of those stock divs.

So y'all would receive got to adapt non exactly your expected timeframe, 
but your exposure together with cutting points likewise - because trust me, 
you don't desire to move inward a "coma" when things larn bad.




But If everything goes good together with momentum picks up, volume 
and liquidity volition gradually improve. And all those days and 
stress of hoarding for those shares volition finally pay off. 
And from here, y'all larn to sweetly make upward one's heed if you're 
going to transition your play to TF or Momentum.

"But Zee, how volition I know if it's game time?"

Simple. Once it breaks a major resistance.
Most prolly the three or six months resitance.

Keep this uncomplicated pyramid inward mind.





It doesn't ever aspect similar that. But oh well. 
You larn to say unopen to things when you're ZF.


And equally to the upside in i lawsuit momentum kicks in?

 Here's an idea:
/search?q=just-for-records-mrc

Here's unopen to other i courtesy of a legendary trading buddy:


(Snapshot equally of 7.1.2015)


And exactly for this representative study:


(Thanks inward advance sa mga hypers together with gurung ulols) 


Just brand certain to position the necessary trail stops. 
You don't desire your gains to move eaten up.

Happy sleep-hunting!

Here's a truthful cat inward a epitome for no reason.








Update 6.26.2015 
(market closing)

So uhh. Yeah. Sleeper Plays.
Problem straight off is.. Where to sell?
I wishing all my problems are similar this.





Contrary to pop belief, y'all don't demand to merchandise every winning
 stock to move highly profitable inward the markets. You exactly demand to trade
 the few stocks that matter.

Study to a greater extent than hence you'll merchandise less.


TGIF.

Happy weekend everyone.