博文
(2011-04-07 08:10:20)
1.LindaBradfordRaschke2.StanWeinstein’sSecretsforProfitinginBullandBearMarkets3.Commonknowledgeofanymarketconditionclosesthesysteminefficiencythatallowseasyprofitfromit.Triangles,flags,anddoubletopsnowbelongtothemassesandareoftenundependabletotradethrougholdmethods.4.Fortunately,thepopularityofchartreadingopensanewandpowerfulinefficiencyforswingtraderstomanipulate.Theycanusethecrowd’slimitedpatt...[阅读全文]
(2011-03-04 08:50:45)
Tradingmottos–Techniquesoftapreading.DonotloseourHouseinKanataLake,applyatightstoplossreligiously.Donotcatchthefallingknife.(hnu.to,esol).Donottoaveragedown,nottojustifyaloss,nottochasethemarket.Averagingdown,justifications,andturningintradaytradingstrategiesintolong-terminvestingstrategiesarejustanotherwaytorationalizealosingposition.Themoresignificancethatisplacedoneachseparatetrade,themorediff...[阅读全文]
(2011-03-04 08:49:31)
1.Itisimportanttousethisbooktolearn,butdon’tusethisbooktobelikeWarrenBuffett.Youcan’tbeWarrenBuffettand,ifyoutry,youwillsuffer.UsethisbooktounderstandBuffett’sideasandthentakethoseideasandintegratethemintoyourownapproachtoinvesting.Itisonlyfromyourownideasthatyoucreategreatness.2.BuffetthadlearnedBenGraham’slessonwell:Whenstocksofastrongcompanyaresellingbelowtheirintrinsicvalue,actdecisively.3...[阅读全文]
(2011-03-04 08:48:17)
1.Ifyouloseone-third,or33.33%,ofyourassets,youwillhavetomake50%onyourremainingassetstobreakeven.Ifyoulose50%,youwillneedtomake100%torestoreyouroriginalcapital.Ifyoulose77.9%,youwillneedtomake352.5%ontheassetslefttobreakeven.Ithinkyougettheideabynow.Capitalpreservationis,byandlarge,moreimportantforsuccessfullong-terminvestmentthansecuringanoccasionallargeprofit.Keepinmindthatevenselloutonedayaftert...[阅读全文]
(2011-03-04 08:46:53)
1.Thebesttradescometogetherslowly.Younoticethemfromfarawayandhavetowaitformorepiecesofthepuzzletoemergebeforeyoucanpullthetriggerandplaceanordertobuyorsellshort.Meanwhile,youhavetokeepaneyeonthedevelopingtrade.Onewaytokeeptrackofitistoputitonthewall.AnotherwayiscalltheChihuahuatrade,whichistoplaceasmallorderthereinsteadofanalert.2.Howtogradeyourentriesandexits.TheBuyGrade=thehighofthedayminusbuypr...[阅读全文]
(2011-03-04 08:46:49)
1.Thebesttradescometogetherslowly.Younoticethemfromfarawayandhavetowaitformorepiecesofthepuzzletoemergebeforeyoucanpullthetriggerandplaceanordertobuyorsellshort.Meanwhile,youhavetokeepaneyeonthedevelopingtrade.Onewaytokeeptrackofitistoputitonthewall.AnotherwayiscalltheChihuahuatrade,whichistoplaceasmallorderthereinsteadofanalert.2.Howtogradeyourentriesandexits.TheBuyGrade=thehighofthedayminusbuypr...[阅读全文]
(2011-03-04 08:45:37)
1.Warren’stworevelations:1.Howdoyouidentifyanexceptionalcompanywithadurablecompetitiveadvantage?2.Howdoyouvalueacompanywithadurablecompetitiveadvantage?2.BenjaminGrahamrules:Hewasfocusedonfindingcompaniestradingatlessthanhalfofwhattheyheldincash.Hecalledit“buyingadollarfor50cents.”Neverpayingmorethantentimesacompany’searningandsellingthestockifitwasup50%.Ifitdidn’tgoupwithintwoyears,hewouldse...[阅读全文]
(2011-03-04 08:43:39)
1.CupwithHandle:lastfrom7weeksto65weeks,butmostlyfrom3to6months.Thecorrectionis12%to33%.atleast30%priceincreaseintheprioruptrend,togetherwithimprovingrelativestrengthandincreasingvolumePrefera“U”shapethanaverynarrow“V”shape.Plunge40%or50%israre.2.C=Currentbigoracceleratingquarterlyearningsandsalespershare.Earningspershare(EPS)upatleast25%inthemostrecentquarterversusthesamequartertheyearbefore....[阅读全文]
(2011-03-03 13:58:02)
Room3IusedasimpletechniquethatVictorSperandeotaughtinhisTraderVic–asimpletrendline,thenabreak,followedbyapullbackintoadoublebottom.Afteradoublebottomwaseastablished,Iwentlongattheswinghigh.IsearchforapostionthatIcanhold,andmayhavetoattemptentrymanytimesbeforefindingtherightone.Onbadconsequenceisthatyoucanhavetwoorthreestop-lossesinarow.Howcanyouminimizethat?Mysolutionistotakeprofitsonhalfofmyposi...[阅读全文]
(2011-02-09 11:31:36)
ComeintomytradingroomLawrenceMacMillan’sOptionsasaStrategicInvestment.HowtoBuyStocksbyLouisEngelWinningintheFuturesMarketsbyGeorgeAngellTheFuturesGamebyTewelesandJonesEconomicsofFuturesTradingbyThomasA.HieronymusTheBuffettWaybyRobertG.Hagstrom.LawrenceMcMillan’sOptionsasaStrategicInvestmentanduseitasahandbook.SheldonNatenberg’sOptionVolatilityandPricingStrategies.HarveyFriedentag’sOptions:Inve...[阅读全文]
