Newbies who focus on the Price action alone never make any money. Volume and Price analysis go hand in hand and is the most basic tool of Base Jumpers. The most basic tool, namely:
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Price is UP; VOLUME is also UP = Bullish
Price is DOWN, but VOLUME is UP = Bearish
Price is UP; VOLUME is Down = turning Bearsih
Price is DOWN, and Volume is DOWN = Bullish within consolidation range
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PSEi is looking up. NET LONG ang labanan. chose your legal wives. allow them to consolidate as they go higher. .. the money is in the sitting. you want to see it tighten within the higher trading range and so forth
Tuesday, November 18, 2014
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/
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/
Monday, June 16, 2014
#LIP #LockIn Program #Robo and #Bobo derivatives for Newbies
Thanks Sir Cal Al
#LIP #LockIn Program #Robo and #Bobo derivatives for Newbies. Another softer term for Bobo is EL #BIMBO.
If you do not know how to (LIP) Lock in profits, do not buy and sell with real money in the stocks yet. Read and develop those habits using simulation or paper trading. Sa notebook mo lang muna isulat yung mga kunyari buy and sell moves mo and see what happens. You may also use free apps like TradeHero on IOS and Android. If you are ready to use money, start with a small amount... an amount you can afford to loose. Is that understood?
ROBO is the abbreviation of Roll on break out. When ROBO is announced by our Senyor or when you see levels in the beautiful charts that he makes, it means it is a strong suggestion to sell a significant portion of your funds and leave/risk (roll) maybe a smaller portion of your funds at the price indicated or being approached. For example, out of 100% of the funds allocated to a particular stock, maybe start ROBO/selling 50% then 30% then the remaining 20% to complete 100% before it collapses...or you may use 60-20-20...or 60-30-10 or 80-20 or 50-50 or whatever you like at higher and higher price levels. That way you control the amount of money that you risk as the price of a stock goes up which may become too high now that profit taking will be wild and erratic near the top.
On that stock you sell, you slowly take the profits (LIP) and protect it from being eaten up by sudden unpredictable profit taking.
Now when you look at the bidding table at that time, you may see a lot of traders lining up to sell at that critical price levels identified. It is up to you if you want to make a sell order at those levels or a little lower price levels which may have greater chances to ensure a match. Imagine if you are in the last line of let us say 200 traders and your order did not match because you ordered late, there is a chance that your order may not be matched before the price drops from that ROBO price level. So it is up to you to decide if you want to sell or stay. No one knows where the price will go next and by how much change it will do in whatever direction. Use your intuition to guide yourself.
BOBO is the abbreviation of Buy on break out. When we do a BOBO it means we decide to risk our money and buy to acquire shares after the stock breaks out of weeks /months of resistance hoping it would go up further beyond the past strong resistance lines.
We Bobo smaller and smaller amounts as the price of the stock approaches its all time high. And we Robo smaller and smaller amounts as the price of a stock breaks newer and newer all time highs.
All those critical levels are identified in the charts that Senyor Roy Reyes has prepared for all of us. If you want to know how to identify those support and resistance lines, google them. Google doji, etc There is a link somewhere here in TAP where it is discussed in detail.
Different folks have different strokes and so you must know and form your own. Example: A person who bought MARC at 4.0 may want to ROBO 10/20/30/40% and Lock the rest of her funds devoted for that particular stock at 5.0 or 5.1... While a person who has no MARC would probably BOBO at or above 5.1/5.12.... or Buy way below 5.0 (warehousing) or even below 4.9 if it drops some more... it is all common sense.
Again .... first entry ko example 30% of my funds devoted for that stock...then bumagsak ng sobra pero healthy downhill trend naman, I may decide to buy another 50-70%... or sabihin natin hindi bumagsak, lalo pa umakyat from starting price .. then maybe I may decide to spend another 50-70% going up in small chunks...ikaw bahala mag control kung gano kakalaki na chunks. Google Position sizing.
Everyone must form his/her style.. Be free to do you own... but be guided by the suggested price levels by Senyor Roy Reyes if you can not or prefer not to draw your own. Pag kumita kayo ng malaki, balikan nyo si Maestro at Senyor at buong TAP ng pasasalamat tatanggap yan si Senyor kahit 50% LOL... or kahit pa-kape sa hotel or bottomless hard drinks... isama mo na rin kami lahat ng sabit. Just kidding but its is okay if you want to take it seriously.
source : https://www.facebook.com/groups/tradersapprentice/permalink/692317247497116/
source : https://www.facebook.com/groups/tradersapprentice/permalink/692317247497116/
Having a BAGGeR Mindset
Tony Herbosa said :
"The battle is WON before it is even fought".
You cannot make BAGGeRs when you do not have yet a BAGGeR MindSET.
Think about this again and again because over time, this will differentiate that dude who eventually buys an IPAD vs. that dude who buys a million peso house with his stock market killings. It is cool, you are still this linear-minded newbie. And it will take time.
TAP is here to work on your mind, if not to try bend it. You still need a lot of certainty; you want that "four-cent saved" in your corner pocket. But in TAP my enemy is not your "red and green alternating colors" of a PORT nor your IPAD or IPhOnE money from a small time kill. My enemy is your mind.
Think of all those funny people who "bash" TAP. They do not make me mad, in fact I feel even more sorry for them. Because I know they will get no where. From the way they blog it is clear they do not even understand what the GAME is all about. They are lost souls trying to put us in a box, thinking like the GAME is about "stock picking"..lol. They are all like that newbie JR, you remember him from our Tap Class?
They are only going around in circles when really I am cool with giving them a "free pass" in TaP 101 just to save them from getting nowhere in the next 12 years of their lives.. Sadly,they are like all those who went before me, they will be in the stock market forever, but as "clueless" people, they will never get R-I-C-H.
Because the game, is how you poker BET. The game is how you BAG those baggers when all your logic tells you < take the IPhOnE or Honda JAzz MoNeY na!
This game is about EQ, never IQ.
To get really rich beyond your wildest dream: TAP's non-linear thinking is what it is all about in a world of markets & CHaOS.
Take me, losing some money initially with a BAGGER na "naudlot" never bothers me. $MaRC that time, di ba? Yeow, its cool. Kasama lang yan sa laro.
What bothers me BIG-TIME is when a bagger escapes me or I just make Honda Jazz money on a $DD. What bothers me is buying $DD at 3 petots and selling it at 4.95 petots! Or riding $DD, that ultimate 2014 bagger, with 15% of my capital, duh! Those bothers me a lot.
To have felt and seen a BAGGER move past me and didn't RIDE it to the max, that bothers me a lot. Kasi, hindi ko napuruhan.
It is like having "legal wife material" in front of you and you were too busy chatting some pa-hot looking girl in the Club. Well, step back and look again YOU linear minded, testosterone filled teenager, the hot girl is all make up...lol
This is why I am out of that $DD trade; not because I cannot make 70 cents from it. It is easy. But it is because it is no longer that BAGGER play for me. I may as well focus on building volume where the next BAGGeR is.
So many lost souls even in a bull market.
Stick with your "buddies", your Kuya's here or your Mentors here... They have seen and embraced CHaOS and tasted the BaGGers... Blog with them and read their posts. You have guys like Mark Anthony, Bambi Dela Merced, they are your older Buddies here who understand the GAME besides your Mentors..They are like Platoon Leaders too on the threads. Listen and copy them.
And please, do not thank me if you made 30k petots on our TAP BaGGeR Plays. If you did, go enjoy it, take your "legal wife" to a movie date, but remember, this is not the main REASON why you are in TAP.
You are here to make it BIG, as in > WEALTHY.
source : https://www.facebook.com/groups/tradersapprentice/permalink/722635517798622/
"The battle is WON before it is even fought".
You cannot make BAGGeRs when you do not have yet a BAGGeR MindSET.
Think about this again and again because over time, this will differentiate that dude who eventually buys an IPAD vs. that dude who buys a million peso house with his stock market killings. It is cool, you are still this linear-minded newbie. And it will take time.
TAP is here to work on your mind, if not to try bend it. You still need a lot of certainty; you want that "four-cent saved" in your corner pocket. But in TAP my enemy is not your "red and green alternating colors" of a PORT nor your IPAD or IPhOnE money from a small time kill. My enemy is your mind.
Think of all those funny people who "bash" TAP. They do not make me mad, in fact I feel even more sorry for them. Because I know they will get no where. From the way they blog it is clear they do not even understand what the GAME is all about. They are lost souls trying to put us in a box, thinking like the GAME is about "stock picking"..lol. They are all like that newbie JR, you remember him from our Tap Class?
They are only going around in circles when really I am cool with giving them a "free pass" in TaP 101 just to save them from getting nowhere in the next 12 years of their lives.. Sadly,they are like all those who went before me, they will be in the stock market forever, but as "clueless" people, they will never get R-I-C-H.
Because the game, is how you poker BET. The game is how you BAG those baggers when all your logic tells you < take the IPhOnE or Honda JAzz MoNeY na!
This game is about EQ, never IQ.
To get really rich beyond your wildest dream: TAP's non-linear thinking is what it is all about in a world of markets & CHaOS.
Take me, losing some money initially with a BAGGER na "naudlot" never bothers me. $MaRC that time, di ba? Yeow, its cool. Kasama lang yan sa laro.
What bothers me BIG-TIME is when a bagger escapes me or I just make Honda Jazz money on a $DD. What bothers me is buying $DD at 3 petots and selling it at 4.95 petots! Or riding $DD, that ultimate 2014 bagger, with 15% of my capital, duh! Those bothers me a lot.
To have felt and seen a BAGGER move past me and didn't RIDE it to the max, that bothers me a lot. Kasi, hindi ko napuruhan.
It is like having "legal wife material" in front of you and you were too busy chatting some pa-hot looking girl in the Club. Well, step back and look again YOU linear minded, testosterone filled teenager, the hot girl is all make up...lol
This is why I am out of that $DD trade; not because I cannot make 70 cents from it. It is easy. But it is because it is no longer that BAGGER play for me. I may as well focus on building volume where the next BAGGeR is.
So many lost souls even in a bull market.
Stick with your "buddies", your Kuya's here or your Mentors here... They have seen and embraced CHaOS and tasted the BaGGers... Blog with them and read their posts. You have guys like Mark Anthony, Bambi Dela Merced, they are your older Buddies here who understand the GAME besides your Mentors..They are like Platoon Leaders too on the threads. Listen and copy them.
And please, do not thank me if you made 30k petots on our TAP BaGGeR Plays. If you did, go enjoy it, take your "legal wife" to a movie date, but remember, this is not the main REASON why you are in TAP.
You are here to make it BIG, as in > WEALTHY.
source : https://www.facebook.com/groups/tradersapprentice/permalink/722635517798622/
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