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ALSI Trades


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#35261 Plasma

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Posted 05 April 2013 - 09:24 AM

Decided to chuck the long at the top when it got stuck. Seems to have been a good decision, at least from a mental perspective.
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35262 AJS

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Posted 05 April 2013 - 08:42 AM

Double Top "M" formation on daily Top40 was completed yesterday with a close below the middle of the M (inc its lower tail). This is supposed to be a high probability short opportunity with significant downside potential.

For me I would rather be selling into any rallies that manage to get back to a resistance level that will hopefully meet with a downward 20 MA.

We will know shortly....

 

Exactly! Was busy trying to post a graph of this when you posted. Can't seem to find the option to embed/attached an image without pasting a URL in here?


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"Trade what you see, not what you think"

#35263 Shortboy

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Posted 05 April 2013 - 08:28 AM

Double Top "M" formation on daily Top40 was completed yesterday with a close below the middle of the M (inc its lower tail). This is supposed to be a high probability short opportunity with significant downside potential.

For me I would rather be selling into any rallies that manage to get back to a resistance level that will hopefully meet with a downward 20 MA.

We will know shortly....


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IG SA40


#35264 Hit & Run

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Posted 05 April 2013 - 08:26 AM

Maybe down to 34250 IGM this morning to shake out all the scary longs then followed by a bounce. I hope.


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The mark of a professional, however, sounds like this:

         It is my fault.  I traded this position too large for my account size.

         It is my fault.  I didn’t stick to my own risk parameters.


#35265 zoner

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Posted 05 April 2013 - 07:43 AM

Don't tell me you still had your longs?????

 

Can somebody confirm whether after these wacks, the forecast was up again as per A and C's posting last week....

 

To compensate for my losses I am now VERY long for today.

Please say a pray for me as most of these longs are VERY golden...


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Paranoid Android

#35266 Plasma

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Posted 05 April 2013 - 07:43 AM

Bounce today? Randel, are you there??? Pls, any perspectives......?????
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35267 AJS

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Posted 04 April 2013 - 09:56 PM

Sometimes I wonder how effective QE really is... I mean, how much of this money actually makes it "out there" in the form of new loans, increasing demand, spending and capital investing i.e. stimulating real growth etc. ? Instead, it creates "silly" money which we see all over in the stock and bond markets.


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"Trade what you see, not what you think"

#35268 Plasma

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Posted 04 April 2013 - 08:44 PM

Amazed at the Dow etc just shrugged off all the negative sentiment hammering us and the UK
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35269 Plasma

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Posted 04 April 2013 - 05:15 PM

On dailies this is the 2nd bar on the 3rd leg down. Another bar down before up again?  Or is 34 400 going to become support?  Contemplating taking another long at these levels.   

Long 34 411


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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35270 Plasma

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Posted 04 April 2013 - 05:12 PM

On dailies this is the 2nd bar on the 3rd leg down. Another bar down before up again?  Or is 34 400 going to become support?  Contemplating taking another long at these levels.   


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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35271 Plasma

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Posted 04 April 2013 - 04:53 PM

Another 100 points down - these two days actually not good for me ... :mellow:


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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35272 Randall Stevens

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Posted 04 April 2013 - 04:21 PM

Still available on link "Link to old forum"   http://www.sharechat...za/index.php/i/

 

Thanks H&R 


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Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes. - George Soros



#35273 Hit & Run

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Posted 04 April 2013 - 04:17 PM

Market is weak I see Coronation is down 4 cents  :D  :D  


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The mark of a professional, however, sounds like this:

         It is my fault.  I traded this position too large for my account size.

         It is my fault.  I didn’t stick to my own risk parameters.


#35274 Hit & Run

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Posted 04 April 2013 - 04:15 PM

Still available on link "Link to old forum"   http://www.sharechat...za/index.php/i/

Dumb question ... have we lost the 350 odd pages of this thread in switching to the new format?

 

RS


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The mark of a professional, however, sounds like this:

         It is my fault.  I traded this position too large for my account size.

         It is my fault.  I didn’t stick to my own risk parameters.


#35275 Beorn

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Posted 04 April 2013 - 04:14 PM

Long @ 34755


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Alsi future

 

I only post my views, not advice


#35276 Randall Stevens

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Posted 04 April 2013 - 04:07 PM

Dumb question ... have we lost the 350 odd pages of this thread in switching to the new format?

 

RS


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Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes. - George Soros



#35277 Hit & Run

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Posted 04 April 2013 - 04:06 PM

SAB and SOL are among the culprits... 

Interesting Sol LDT for R5.70 dividend is 5 Apr 2013

I am long Top40 believe tomorrow will be turn around


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The mark of a professional, however, sounds like this:

         It is my fault.  I traded this position too large for my account size.

         It is my fault.  I didn’t stick to my own risk parameters.


#35278 Pipman

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Posted 04 April 2013 - 03:59 PM

Don't tell me you still had your longs????? Can somebody confirm whether after these wacks, the forecast was up again as per A and C's posting last week....

Argento's target was down to the 800 level (Top40 fwd) which he called spot on, then long from there.
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#35279 AJS

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Posted 04 April 2013 - 03:48 PM

SAB and SOL are among the culprits... 


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"Trade what you see, not what you think"

#35280 Plasma

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Posted 04 April 2013 - 03:43 PM

I'm ^$^$^^$ !

 

Don't tell me you still had your longs?????

 

Can somebody confirm whether after these wacks, the forecast was up again as per A and C's posting last week....


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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)






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