marine2
963 posts
msg #115499
- Ignore marine2 |
9/23/2013 7:42:38 PM
Looking at my charts NFLX should be crashing to the downside at any time now. Not that any of us want that it's just how it works. But, maybe this one is following the Turtle Method where you just keep chasing it up the ladder to higher price highs until you see definate price decreasing.
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karennma
8,057 posts
msg #115503
- Ignore karennma |
9/24/2013 9:05:07 AM
@marine,
There's a lot of merit to the Turtle method. Clearly, had I just "held" NFLX & TSLA when I first started buying @ $58.oo, I'd be "sitting pretty" right now.
Unfortunately, my trading psyche has reversed on me in the last 10 years.
Many years ago, I'd hold & hold & hold a stock, and was afraid to sell.
NOW, I buy & sell (take profits ASAP), and stay in cash most of the time, because I'm afraid to hold.
:>(
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karennma
8,057 posts
msg #115504
- Ignore karennma |
9/24/2013 9:18:10 AM
For example, I know a guy was "holding" AAPL last year.
This time last year when AAPL was @ $700, he thought he was a genius.
Every time I'd see him, I'd ask him if he'd sold. He said "no".
By the time AAPL dropped to $500, I stopped asking.
He was not looking real happy this year.
I've made mistakes like that a million times, and frankly it's been difficult to forgive myself .. every time.
So, I just don't "hold". I trade or stay in cash.
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karennma
8,057 posts
msg #115505
- Ignore karennma |
9/24/2013 9:27:38 AM
Holy Crap!
Missed AAPL yesterday @ 468!
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karennma
8,057 posts
msg #115507
- Ignore karennma |
9/24/2013 9:49:27 AM
B tsla 180.74
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karennma
8,057 posts
msg #115509
- Ignore karennma |
9/24/2013 10:23:34 AM
B lulu 71.97
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johnpaulca
12,036 posts
msg #115510
- Ignore johnpaulca |
9/24/2013 10:57:46 AM
johnpaulca
7,614 posts
msg #115490
- Edit message 9/23/2013 4:23:56 PM
MPC.....entered at $62.96
*************************************************
got my pop...out at $63.47
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karennma
8,057 posts
msg #115511
- Ignore karennma |
9/24/2013 11:06:23 AM
oUT TSLA 182.77
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karennma
8,057 posts
msg #115512
- Ignore karennma |
9/24/2013 11:07:06 AM
OUT LULU 73.20
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Kevin_in_GA
4,599 posts
msg #115515
- Ignore Kevin_in_GA |
9/24/2013 1:55:18 PM
Karen - just playing around with some ideas, but this one is for you:
Buy when today's open to high range (opentohighrange) crosses above the 20 day average (av_oth_range) and sell when it crosses back below. No trade lasts more than a few days, but it trades fairly frequently.
I have only eyeballed this, but on TSLA and AAPL it seems to work pretty consistently over the past year or so.
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