Trick Trading 101: Basura Plays

Some people define "Basura Plays" every bit an human activeness of making coin particularly when the full general marketplace seat visit is downwardly or boring. These plays are observed to last rattling volatile particularly on bloody days when it stands out. And strangely, inwards almost every event during the early on course of didactics of its run, a practiced rumor gets "leaked" 

- turning around people mad.

"Give me a slice of that delicious PIE!"

Question: So how produce nosotros topographic point these basuras earlier they wing sky-high?

Answer: It's all inwards the Charts!

Here are a few examples:

MR = Major Resistance

NR = New Resistance

NS = New Support

RB = Resistance Break

RT = Resistance (Touching)

ZHI Potential Gain from Point of Breakout to Top = +571.57%

PWR Potential Gain from Point of Breakout to Top = +1,021.15%

MIC Potential Gain from Point of Breakout to Top = +65.08%

AR Potential Gain from Point of Breakout to CURRENT Top = +33.33%

When yous come across a Basura included inwards the transcend 10-20 Gainers, cheque out its nautical chart together with visit inwards a long term perspective (1-3yrs). And Look for its Major Resistance.

If it touches the major resistance but doesn't suspension it, add together the Basura to your watchlist. Pullbacks would thence last practiced opportunities to pose your initial positions. For large traders, they telephone band this accumulation.

A suspension from the major resistance would thence confirm the continuation together with showtime of a novel airplane of upsurge.

I won't last babbling near taking profits because I suck at it. KKG (Kanya Kanyang Greed) Nalang!

Just brand certain yous conk out earlier the music stops. 

Holding a purse of trash ain't rattling pretty.

"Uhhh... What Now?!"

Trick Trading 101: Moving Averages As Well As Patintero

Trading or Investing inward stocks is similar playing Patintero. 

It's all virtually the lines.

(If you lot don't know how to play Patintero or accept never heard of it, click hither for reference)

Taken from en.wikipilipinas.org

When I started trading stocks, i didn't know anything virtually candlesticks or patterns. And though I did my best to larn them, every bit a newbie without a mentor, I got frustrated halfway. I tried listening to the words of the 'enlightened ones' or gurus - sometimes it helped, sometimes it didn't. 

Starting out, my exclusively trading organization was "Buy as well as Pray."

It's funny when I intend virtually it now.

But hey. Later I establish out a improve agency of trading - Following "The Lines."

And these lines became my trusted friends inward trading. The Moving Averages.

These are my linemen. You tin customize your linemen the agency you lot want.

Red Line = xxx MA

Pink Line = lx MA

Blue Line = ninety MA

In Simple words:

When your "linemen" are inward a higher house the candles, the tendency is down.

When your "linemen" are below the candles, the tendency is up.

In Patintero, in 1 lawsuit a lineman catches you, you're out! Period.

In stocks, I tin lead which lineman tells me when I'm out.

Example:

Because No affair how fundamentally corporation or trashy the stock, 
it is emotions that drive the price.

Additional Notes:

+ Moving Averages industrial plant good amongst Blue Chips, to a greater extent than or less s Liners,

 but rarely on tertiary Liners (should hold upwardly jockeyed).

+ When you lot run MAs, you lot require to accept patience. 

+ My electrical current linemen are 20/50/100 MAs.

+ "The tendency is your friend."

+ Always reckon how many of your linemen are on your side. 

Ask these questions:

x - How many are below/above the candles?

x - Which MA is bullish/bearish?

Trick The Thought Cycle

(Courtesty of BHI - Click Image to Enlarge)

A companionship that submitted their FS inward the nick of time. (Pinoy Company nga!) 
No affair how expert the 'figures' are, this human activity too mindset is just or too hence other shape of BS. 

I believe inward investing inward companies that don't alone convey expert rail records, 
But likewise a administration amongst fantabulous ascendancy too first inward the business.

BHI is non i of them.

Trick Trading 101: Boxes & Triangles

Practice Chart

LC one Year Chart

VUL vi Months Chart

MIC vi Months Chart

Shapes Identified.

LC one Year Chart

VUL vi Months Chart

MIC vi Months Chart

Trick Trading Psychology: Padding

I was surprised to encounter how i of 'my' stocks ended upwards alongside a 

HUGE pad on the closing hour at 0.062

What are pads yous ask?

I tin sack compass yous a thorough explanation on what it genuinely is. But to salve yous from all the gibberish:

Pads or Padding, inwards a nutshell..  is used to either hold/prevent a breakdown/breakout or delay the inevitable.

What padding looks similar inwards damage of "holding" or "preventing"

Image Taken from "Ironclad"

A castle wall.

Only a few would dare larn upwards against a wall.

Would you? People pose their lives err.. 

i hateful money.. on the trouble for this wall.

And this is Padding inwards damage of "delaying the inevitable"

Image Taken From "300"

This would hold out the "illusion"

A classic trap where the large bad padder genuinely SELLS his shares

a few or several flucs higher from his huge pad. After doing the deed, 

he pulls out his 'army' leaving those who only bought inwards swell despair.

So when yous intend yous encounter a pad.. yous meliorate intend twice.

Trick The Thought Cycle: Win

"It was a Good Ride Captain."

You Saw This Coming Right?

(Click Image To Enlarge)

No thing how Good or Crappy the fundamentals, 

it is emotions that campaign the price.

Click Below For Related Studies:

1. BHI Sentiment Cycle

2. BHI vs WIN Price Action

3. Tandem Plays WIN Monthly Charts

Trick Bounce Plays 101

"The Harder The Crash, The Higher The Bounce!"

When playing the bounce, my favorite 'tool' for catching falling knives is the Fibonacci retracement. 
(Works for me almost of the time) 


The lines "Buy the fear" or "Buy when at that topographic point is blood on the streets" receive got their merits when it comes to technicals. 
But hey! Don't worry, I won't hold upward explaining what I merely wrote. 
I merely felt similar writing it because it felt right. Hahaha. Here I teach again.


I'm currently merely besides lazy to explicate how to play the bounce inwards such lengthy detail. 
After all, at that topographic point is no such matter every bit absolute truth when it comes to technicals. 


Only possibilities. 


But to relieve y'all from all my nonsense. Here's an example. Watch in addition to Learn:

Another matter to cry back when y'all bet your balls on the bounce:

Never nous to marketplace noise. Don't allow your sentence teach swayed.

SELL THE BOUNCE!

But If y'all create listen? 

Well... At to the lowest degree endeavor to experience the 'force' in addition to endeavor to hold upward similar this guy:

Happy Bouncing!

Currently Applying these on ORE/MARC.
Check my port : (Click Here) - para di nyo masabing i'm giving y'all crap:

Picks for May 7-11

ORE Chart Update 5.8.2012

ORE Chart 5.5.2012

ORE Chart Update 5.7.2012

ORE Chart Update 5.11.2012

MARC Chart Update 5.8.2012

MARC Chart 5.5.2012

MARC Chart Update 5.7.2012

PHES Chart 5.5.2012
Status Update 5.8.2012 (Did non teach to desirable bounce levels)

Additional Notes on Bounce plays:

+ Always expose the "3rd twenty-four hr catamenia rule." For those who haven't heard of this rule, it's when y'all accept profits on the tertiary twenty-four hr catamenia of a stock's ascension or purchase a stock on its tertiary twenty-four hr catamenia decline. One really of import matter to reckon is that when y'all purchase on the tertiary twenty-four hr catamenia (for bounce plays), the book traded should hold upward lower than that of the previous days' decline.

+ When y'all purchase using Fibonacci retracements, brand certain the day's closing candle doesn't violate or unopen below your retracement level.

+ The best candles to lookout adult man for when playing the bounce are, the abandoned baby, the hammer, in addition to unopen to variations of dojis. Check out these candles here: http://www.candlesticker.com/ 

+ Be certain to teach for liquid stocks. Illiquid stocks unremarkably don't bounce.

+ 61.8% in addition to 76.4% Retracements would hold upward the ideal crash-point for pickup.

+ To maximize profits: If on the 4th twenty-four hr catamenia during the bounce the stock closes rigid (prices closes at the day's high) , concur in addition to sell inside the get-go hr of the adjacent trading day. But inwards instance prices gaps downwards on the 5th day, create non hesitate to sell when the bell dings.

+ Make a checklist of these notes: the to a greater extent than y'all receive got these "ingredients" on the chart, the higher the possibility of a bounce.

Of course, that's merely me. Don't believe the crazy trader. Hihihi.

Trick How Accumulation Looks Like

Months agone 1 of my trading friends was bespeak me nearly this 1 detail stock he had - VLL. He told me nearly how swell the fellowship was doing as well as kept bugging me questions on how the nautical chart looked, how the PA (price action) was, etc..  It’s a adept stock. No doubtfulness nearly that – fundamentally as well as technically.

And as well as therefore I was able to monitor its movements – never got to merchandise it though.

I'd similar to live on real clear nearly this: I don't direct maintain whatever VLL shares nor produce I innovation to buy.

Just recently, my friend from earlier asked me in 1 trial again how his stock was doing. This fourth dimension he was hesitant as well as was real detail on the BID/ASK board.

Now, 1 affair that was as well as therefore interesting nearly this stock is the continuous accumulation as well as toll command that was as well as therefore obvious if you lot paid attending to the ticker, peculiarly during the final minutes of every trading day.


Here's Broker Transactions for this week:
(Click Image to Enlarge)

*This is but an example, may or may non live on true.
** You'll larn the king of beasts & scarecrow thingy later. ;)

Another affair that interests me directly is how the stock has been
 resilient fifty-fifty when Ms. Market has gone mad!

"You're next! And you're Going Down!!!"

Before I larn on further, I’d similar to throw inward this question:

Why as well as When produce fundies, large or modest accumulate a stock?
         Answer: They produce as well as therefore when they know that the electrical flow toll is
low, undervalued, or whatever you lot may telephone yell upward it, 
and foresee an growth inward the stock’s hereafter value.

Ok, directly that that’s out of the way, I would similar to endeavor to explicate the accumulation process 
especially when you lot expect at the BID/ASK board. This board represents a lot of statistics as well as psychology. 
It shows the demand/supply of shares, greed/fear factor, blah blah blah…

Ok ok.. Now I’m sounding a fight also Un-Zeefreaks like. So how nearly this:

(Click Image Below to Enlarge)

VLL Bid/Ask Board equally of 5.23.2012

Don’t you lot but experience similar screaming as well as pressing that sell push clitoris in 1 trial you lot run across those large walls on the inquire side on your favorite stock?

Those basterds, the lions as well as scarecrows direct maintain gone cahoots! And they're out to pocket your precious shares!!! They throw large inquire orders to scare those who dare expect at the board as well as give them the impression that prices volition non larn further; While doing this, they bid depression as well as inward modest amounts, giving the impression that need is depression as well as that prices are probable to fall. And these modest bids don't run out - you lot sell... as well as THEY fill upward the bid orders in 1 trial again as well as again
 until YOU run out. (We telephone yell upward this "Iceberg" buying)

This procedure flushes out the "weak hands" as well as at the same fourth dimension draws but the correct candle on the chart. 
As they say, it's similar hitting 2 birds amongst 1 stone.

Accumulation takes time.
Patience is the cite of the game.

Now the interrogation is… Will you lot give inward as well as live on eaten?

Here’s roughly other means of looking at the accumulation process:

Yes. Accumulation tin live on a real nasty phase.

It’s Survival of the fittest.
Eat or Be Eaten.
Period.

Trick Trading 101 : Osmosis

On this post, I'd similar to emphasize on coin management and
 diversification when dealing amongst tertiary liners.

But earlier that....

This game is actually boot ass!

Extremely Fun when played using Pads.

Here's a link if you lot desire to induce it out

(Click Here)

Quick definition of Osmosis.

Definition taken from : http://www.merriam-webster.com/dictionary/

Totally related to trading right?

Well.. non really.. But if you lot played the game, 

you'll larn what I mean. Hopefully. Hahahaha

Anyways, 

When buying tertiary liners, assuming the chart 
is good as well as all, make certain you lot report its liquidity.  
You don't desire to live on buying something you lot can't sell.

So Ask yourself this question:
"If i position inwards X amount of coin inwards stock Y, 
would I live on able to sell it amongst rest on the same day?"

If your answer is YES, thence you're 1 step 
ready to brand that trade.



Moving on...

I normally popular off on 1 to iv Trending Stocks - all amongst nigh the same merchandise value. 
And when a stock is create for net taking, I sell all, if non unopen to of it and 
transfer the funds to the remaining 3 stocks or add together to a novel stock position.

Sometimes I larn over iv stocks, but when I do, 
I switch as well as sell the weakest of my holdings as well as go 
back to the master iv or less.. 

Focus is extremely important. 

Just imagine if lets say, you lot possess got x basuras inwards your port,
all amongst equal value, thence all of a abrupt a wild send appears! 

"Imma swallow yea live on biotch!"

And the worst business office is, your broker... let's say.. only out of total "randomness"  
House 203 would possess got 1 of those "stroke moments" during marketplace seat panics.

What practice you lot do?


Imagine the pain...


So every bit much every bit possible, popular off on or purchase solely what you lot tin manage.


"Okay Zee Enough amongst the talk". 
I larn it. You desire results.

Here ya go...

This is the Unshaded Version of 

Request Granted Jan 2012 Edition

Port every bit of 1.20.2012

Port every bit of 1.24.2012

Port every bit of 1.25.2012

Port every bit of 1.26.2012

 Port every bit of 1.27.2012

 Port every bit of 1.30.2012

 Port every bit of 1.31.2012

Here are my other trading rules:

On Cutting Losses:

Don't permit a loss achieve -4%

Cut earlier it reaches that level.

On Taking Profits:

There are no Target Prices,

Only Trailing Stops.

On Trading H5N1 stock:

Trade amongst bias. If a stock does not 

move according to your bias, Sell.

I too larn this inquiry a lot, So i'll only Include it here:

"What is my average asset period?"

4 Trading days. Or until a stock's uptrend snaps.

And If I'm dead certain of a killer trade? 

I never hesitate to larn All-In!

Happy Valentines Everyone.