Comments on: Watch the Fanlines http://www.focalequity.com/2009/05/06/watch-the-fanlines/?utm_source=rss&utm_medium=rss&utm_campaign=watch-the-fanlines Tue, 24 Jan 2012 18:53:55 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: sc http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60459 sc Thu, 07 May 2009 06:57:15 +0000 http://www.stocktock.com/?p=13927#comment-60459 Yes, you can place stops above/below 20MA. One way to use it is to keep trading long (or short) as long as the stock stays above (or below) the rising (or declining) 20MA. As the stock pulls away from the 20MA, you would sell half your position (or cover short), and let the other half ride. Then as it reverts back to the 20MA, you would buy the other half back. You keep doing this for as long as the trend lasts. In a really strong trend, you never see it revert back to the 20MA (like now, we've had 8 weeks of no reversion to the 20MA). So maybe you start using the 10MA instead. Yes, you can place stops above/below 20MA. One way to use it is to keep trading long (or short) as long as the stock stays above (or below) the rising (or declining) 20MA. As the stock pulls away from the 20MA, you would sell half your position (or cover short), and let the other half ride. Then as it reverts back to the 20MA, you would buy the other half back. You keep doing this for as long as the trend lasts. In a really strong trend, you never see it revert back to the 20MA (like now, we’ve had 8 weeks of no reversion to the 20MA). So maybe you start using the 10MA instead.

]]> By: Cycleburner http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60457 Cycleburner Thu, 07 May 2009 06:00:47 +0000 http://www.stocktock.com/?p=13927#comment-60457 Stay simple: buy low, sell high. If you feel like buying, ask yourself, "Is this low, turning up?" sell time: is this high and now turning down? People lose sight of the big picture and just see something moving and pile in. Stay simple: buy low, sell high.

If you feel like buying, ask yourself, “Is this low, turning up?”
sell time: is this high and now turning down?

People lose sight of the big picture and just see something moving and pile in.

]]> By: Cycleburner http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60456 Cycleburner Thu, 07 May 2009 05:54:04 +0000 http://www.stocktock.com/?p=13927#comment-60456 Everyone has to make their own decisions about what style works for them. To build up cash, I would review history and find out what is the safe bet and then STICK TO YOUR TRADING RULES. I generally lose money when I become emotional and break my own trading rules, thinking I am smarter than the trading rules I made. If you don't have firm rules, make some that work 90% of the time based on history. Avoid being too leveraged, so you can build a solid base. Everyone has to make their own decisions about what style works for them. To build up cash, I would review history and find out what is the safe bet and then STICK TO YOUR TRADING RULES. I generally lose money when I become emotional and break my own trading rules, thinking I am smarter than the trading rules I made. If you don’t have firm rules, make some that work 90% of the time based on history. Avoid being too leveraged, so you can build a solid base.

]]> By: Daniel http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60450 Daniel Thu, 07 May 2009 04:46:07 +0000 http://www.stocktock.com/?p=13927#comment-60450 Still want to short some more BWLD. I think there is still a little left there Still want to short some more BWLD. I think there is still a little left there

]]> By: sc http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60446 sc Thu, 07 May 2009 04:16:13 +0000 http://www.stocktock.com/?p=13927#comment-60446 There's nothing more exhausting than fighting the trend. We've all done it, myself included. But I've learned. Logic and emotions do not prevail in trading, particularly in bear markets. The best thing to do is to trust the charts, no matter how much they defy logic. What's that saying?? "We don't trust opinons, we trust the charts"... can't remember where I heard that, but it's a GREAT saying. There’s nothing more exhausting than fighting the trend. We’ve all done it, myself included. But I’ve learned. Logic and emotions do not prevail in trading, particularly in bear markets.

The best thing to do is to trust the charts, no matter how much they defy logic.

What’s that saying?? “We don’t trust opinons, we trust the charts”… can’t remember where I heard that, but it’s a GREAT saying.

]]> By: Ed http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60432 Ed Thu, 07 May 2009 02:51:14 +0000 http://www.stocktock.com/?p=13927#comment-60432 Nice work, SC. One needs to pay attention to 'time frame' too. If you are a long term investor, AT LEAST start with a 'Day' chart of 1 yr to 10 months or so. Then look at a '60 minute', of say, 4 months. This is where the REAL trends show up, on the 60 min/4 month chart. Put a '50 m/a' on there,,,and stay Long ABOVE that line, or short it below it. Stops?? Hell, put it under the 50 m/a on the 60 min chart. What if it goes back up? Re-buy the sob!!! #1, one needs to learn a MINIMUM amount of 'how to chart',,,or else. Go to the 'Motley Fool' site,,, fool /com if you like longer term stuff. Many here are short term traders,,,,minutes to hours to days... Quit whining and coming here saying you lost it all or most of it when in fact it is YOU that didn't learn one damn thing about the stock market trading before you began. I can't believe this shit of one of ya saying you were gonna by-god kill yourself because you lost 3/4 of your money. Fuc*ing growthefug up, and LEARN. p.s. I hope your wife kills ya,,ya knucklehead. Save yourself the trouble. pss. Tell your wife to get back with us and let us know the outcome of your dumbass tirade the other day. Are ya still with us or not?? hellfire,,,sell it to the National Enquirer. Make a 'reality show', and come back and tell us how much you made,,,ya worm,. Nice work, SC. One needs to pay attention to ‘time frame’ too. If you are a long term investor, AT LEAST start with a ‘Day’ chart of 1 yr to 10 months or so. Then look at a ’60 minute’, of say, 4 months. This is where the REAL trends show up, on the 60 min/4 month chart. Put a ’50 m/a’ on there,,,and stay Long ABOVE that line, or short it below it. Stops?? Hell, put it under the 50 m/a on the 60 min chart.
What if it goes back up? Re-buy the sob!!!

#1, one needs to learn a MINIMUM amount of ‘how to chart’,,,or else. Go to the ‘Motley Fool’ site,,, fool /com if you like longer term stuff. Many here are short term traders,,,,minutes to hours to days…
Quit whining and coming here saying you lost it all or most of it when in fact it is YOU that didn’t learn one damn thing about the stock market trading before you began. I can’t believe this shit of one of ya saying you were gonna by-god kill yourself because you lost 3/4 of your money. Fuc*ing growthefug up, and LEARN.

p.s. I hope your wife kills ya,,ya knucklehead. Save yourself the trouble. pss. Tell your wife to get back with us and let us know the outcome of your dumbass tirade the other day. Are ya still with us or not?? hellfire,,,sell it to the National Enquirer. Make a ‘reality show’, and come back and tell us how much you made,,,ya worm,.

]]> By: MJ http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60430 MJ Thu, 07 May 2009 02:40:47 +0000 http://www.stocktock.com/?p=13927#comment-60430 The time to be bullish was March 9. The time to be bullish was March 9.

]]> By: 3min (perma-bull with bear feet) http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60429 3min (perma-bull with bear feet) Thu, 07 May 2009 02:39:04 +0000 http://www.stocktock.com/?p=13927#comment-60429 We are soooooooo overbought because of mutual funds chasing the rally. The hedge funds are not chasing it anymore. The only reason that I don't want the market to correct is avoid hearing Uner doing his "I told you so dance". We are soooooooo overbought because of mutual funds chasing the rally. The hedge funds are not chasing it anymore.

The only reason that I don’t want the market to correct is avoid hearing Uner doing his “I told you so dance”.

]]> By: Mohan http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60428 Mohan Thu, 07 May 2009 02:23:10 +0000 http://www.stocktock.com/?p=13927#comment-60428 I am totally exhausted too. But trying to keep my logic prevail over emotions. I am totally exhausted too. But trying to keep my logic prevail over emotions.

]]> By: Mohan http://www.focalequity.com/2009/05/06/watch-the-fanlines/comment-page-1/#comment-60427 Mohan Thu, 07 May 2009 02:20:29 +0000 http://www.stocktock.com/?p=13927#comment-60427 Not really. The same lines are still there. Uner added more lines. If you look carefully, your breakout should be there. :) Not really. The same lines are still there. Uner added more lines. If you look carefully, your breakout should be there. :)

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