Saturday, June 3, 2017

Monster Run?

The post title might deceive you. I'm not writing about monsters. This is still related to trading of course.

Yes my friend, that's a monster. I HATE DOGS!

Now back to my "monster", as of now I'm still not really sure how strong this monster can be. Bought this monster just last Monday (May 29, 2017). By yesterday's close (June 2, 2017), it already run up around 42%. Not mentioning it reached at a high of +52% yesterday. That's just 5 freakin days!



Will this move like $ALCO? I'm really not sure. I just studied both charts and it seems they have similarities. 



THEY SEEM.. That's what I'm going to say since I don't want to hype myself. I'll just set trail stops and see how strong can this be. 
Magpapakita kaya ito ng isang daang porsyento?

Waaaaiittt.... Whaaattt daaaaa????




$MaRCi

Been figuring out how to effectively ride trend following setups.

This was my trend following trade buy last April 6, 2017. It was an intraday entry at .275. Then sold it around .41-.43 around April 24. Holding $MRC for merely 12 trading days.

Yappppp.. Late Entry due to whipsaw...


I entered on the later part of the trend already since I was shaken off because of a sell down of the prior run up. That's the gem on this kind of trade. The learning after evaluating on how the trade went and applying those learning on the next setups given by Ms Market.

Yaaappp.. Whipped.. I cryyyyy...


I was shaken off on the prior entry on the earlier trend of $MRC, supposedly gaining 100-130% from this trade. Pero sige na lang.. Lessons learned (reaaasssoonnnss...) Choosy pa ba ako? On to the next one boys and girls :)