http://cpteh.blogspot.com/2014/09/chartnexus-meeting.htmlScicom : What a good run ... hitting 1.62 today. It was at 1.40 when I told those chart-nexus members to buy Scicom as that is easier to trade, using indicators. Dividend 2cents taken.
There is another counter I mentioned to them, DRB. Buy DRB ... was at 2.20, cut-loss 2.10 ... if it dives further. DRB hit 2.32, before correcting to 2.24 today. I sold half at 2.29, to take profits and buyback.
Those who went for chart-nexus traders meeting are those who attended their technical trading course. I do not believe in using many of the indicators or more lines in my charts. Simple basic ones as guidance ... afterall, those indicators are mathematically calculated. Price-volume actions could be used more effectively in counters such as DRB or Scicom, rather than PUC etc etc.
I told that to the speaker/trainer that day ... we need to know the stories behind the stock-movements as we have 1000 stocks. To trade well, we do need to plan ... and know why we are buying into the counters.
Well ... don't know when I will be attending another chart-nexus meeting again. I rarely free on Saturdays.
By the way, I am planning a trading workshop next Sat-Sun. I prefer to teach basic technical ... and more on the planning(money, risk management ... market psychology etc).
Just hope I could attend another meeting or market-talk next month.
TEH
miapancho
why you are talking about your past stock picks here on i3 site,,are you searching for new members for your tutorial classes..very business minded..using i3 site platform to attract new students ha
2014-09-20 18:40