Tuesday, June 17, 2014

Buy at near 52 weeks low by Mary Grace Gamboa

This is the strategy of Mary Grace Gamboa

Just want to share: I've been trading for six months and my target are specifically things that I saw always around me. Things that most people bought, followed and most especially, dying to have it. Jfc, urc , pgold, sm, 7 eleven, rfm , ali etc. Most of them are blue stocks...but as days passed by, I've seen a lot of ceilings, drifting, emotional trauma, tensions, a lot of noises in trading. It affects my decisions..my strategy and in the end , it lead me to losses.because I jump from one stock to another, HOPing I can catch up on the break out. But I was wrong, so wrong ... To hope and to buy and catch up without any strategy. So finally, I've come to a fixed strategy, no stress, no emotions and it is working fine on me. Maybe the stocks that I pick right now is not a bagger but using my strategy,this makes me gain a lot and lessen my losses. And how is that? First pick a stock that touches or near the 52 week low...must be a liquid stock and must have volume. If I bought and pick a wrong stock , then sell it when it reaches to 5 to 6 percent(sabi nga ni TH, pikit mata) and when its gaining?just hold .hold it as long as it gains. If suppose the stock is falling, I am locking my profit and sell it if it cuts half of my profit(eg: 50% became 25%, 25 to 12, 10 to 5). What if I bought the stock and it is just always a sideway? well, I'm going to give chance to it for a month to grow or else I will sell it because by then I am considering it as a laggard stock. I make it sure that in just a month, I see development unto it, remember, sight tight on it, never be affected by noise, use the cut loss point if necessary. With this, I became matured and learned how to trade.thank you!hope it can also help...God bless you all guys..

source https://www.facebook.com/groups/tradersapprentice/permalink/722361077826066/

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