Groupon GRPN

Price:4.70 Stop: 3.25 Target: 6.25 Short term trend is up. There is a high probability that grpn will continue to go up. However, risk/reward is terrible. It’s about 1:1 I’m 50 shares in, just for fun.

Human and computers

Computers are more powerful than humans when it comes to executing simple step-by-step instructions. Humans are more powerful than computers at tasks that are not easily broken into simple steps. According to “Dancing With Robots: Human Skills for Computerized Work,” computers’ strengths lie in speed and accuracy, while humans’ strengths are all about flexibility. There are types of work that humans do really well but computers cannot: 1) Unstructured problem-solving: solving for problems in which the rules do not currently…

Small Wins & Big Losses = Loose

I have many small wins and a few big losses. My winning ratio is over 80% yet I’m in the negative territory. Big losses will kill your account quickly and small wins will do little to pay for those losses. Looking at the below chart you will see   DON’T LOSE MONEY IF YOU LOSE MONEY THEN LOSE LITTLE People psychologically connect a 50% loss with a 50% gain to break even. if you start with $100K fully invested, with the…

Blow Off Tops

Markets move up accelerate daily. They haven’t had a meaningful down day, bubbles r in growing bigger. Since Trump’s election, the US stock market has climbed unstoppably. What we r looking at is irrational exuberance. It’s crazy. All indexes are at all-time high. The Trend Is Your Friend The trend is still up, i’m still in. Never, ever goes against the trend.

Wal-Mart Stores, Inc

WMT Wal-Mart entry 68 stop 65 target 75 reward/risk = 7/3 = about 2 tomorrow the is a profit taking day. it will have a red candle(on a lighter volume). then i think it will hit 70 and bounce. if it blows pass 70, it can get to 75. depends on on wmt act at 70, i may stay or get out.

Update

I can’t figure out yet why it messes up the original date when I update my post. There is no need to update my posts. After I open my position, immediately I put my stop, target in. When it hits my stop, I’m totally out. When it hits my target, I’m half out. The other half I move stop up with trailing stops. All trading platform allows you to set alert / alarm / text message when your stop is hit…

Penny Stock Promoters / Teachers

All are scam. All of them use same recurring themes. One of them being the much over-exaggerated income claim. They make statements like “Retire in 20s, a multi-millionaire starting with $1,000.” You can be 1 and it only cost you 5,000 If they know the secret, they would have all relatives millionaire Why do they care about you? More and more are being released online because they are just so easy to exploit to consumers and investors. Penny stocks are notorious for being…

winning over 90 percent

Just to prove my point that winning percentage is not everything. That’s the only thing people have in mind. I win over 90% but i still loss. The key is to limit the loss. I’m still working on it. That is the reason i’m trading small. One big loss and i’m wiped out; I’m out of the game. Preserve capital is the most important. Don’t swing for home runs. I trade any thing that moves. I don’t care if it’s…

Banks

Bank stocks r on fire since November. Trump sets sights on financial deregulation. “We expect to be cutting a lot out of Dodd-Frank, because frankly I have so many people, friends of mine, that have nice businesses and they can’t borrow money,” Trump said on Friday. “They just can’t get any money because the banks just won’t let them borrow because of the rules and regulations in Dodd-Frank.” Trump trade: buy banks, financial institutes.

VNM Vietnam Market

I’m trying to catch the bottom here. Place an order 2 be in 25 shares @ 13.67 Stop: 12$ Target: Either i will get stopped out or I will let my profit run. If it moves pass 14.5$, i will move my stop to 13.67 (break even).