| Stock trading around a bearish trend reversal |
|
| Saturday, July 22, 2006 |
|
Stock Trading
If you trade stocks online, invest in stocks, trade the stock market, looking for advise on how to trade stocks effectively and looking for the tools to effectively trade the stock market. Including the right tools to research for investing, or day trading or swing trading. Including but not limited to penny stocks and high beta momentum then this tutorial is for you. Technical Analysis Update
Let's talk "stocks and Cars" and learn how to avoid a crash together
What is the difference between learning to drive a car and trading the stock market?
When The Trend Turns Bearish and you think the market is getting to complicated or technicals are "over your head"..........Don’t assume you are too old (like a dog) to learn new tricks. Give yourself some credit for not being an idiot. This isn't about "looking outside the box" it's about realizing the box you might be looking in, isn't even in the same house you're living at!
Let's talk "stocks and Cars" and learn how to avoid a crash together
What is the difference between learning to drive a car and trading the stock market?
1. Look at the floorboard; you'll see three pedals. From left to right, they are: clutch, brake, gas.
(Login to your trading account)
2. Study the simple diagram on the top of the gearshift, which will show you where the gears are. In most new cars, this will look like a three-legged H. First, third and fifth gears are at the tops of the legs; second, fourth and reverse gears are at the bottoms. The crossbar of the H is neutral.
(Use the tool bar to learn which stocks are hot and then start clicking "add to watch list"...Classic!)
3. Make sure the parking brake is engaged and the car is on a flat surface in an area where you have plenty of room.
(Keep a tight stop, after all that will issure to protect you from a 30 point gap down...NOT)
4. Press down on the clutch pedal and then move the gearshift into the neutral position.
(Trade pre-market to get in before everyone else, those idiots are dumping these gems at a discount, what morons!)
5. Start the car.
(Foget everything about the trend, direction and speed we are heading because it could be a trick, Big up day in store they just don't know it yet!)
6. Keeping the clutch pedal down, put the car into first gear by moving the gearshift to the top-left position.
(Start to buy more if it's not working, Cramer calls that a "mo-back"..........Haaa)
7. Apply the foot brake and release the parking brake.
(Buy on margin and make sure it's only on the sneaky sneaky)
8. Release the foot brake when you're ready to start moving.
(Take risk and over-leverage.......NOT)
9. Begin to release the clutch pedal slowly; when you hear or feel the engine begin to slow down, slowly press down on the gas pedal as you continue to release the clutch. The car will start to move forward.
(Well you get the point from this part forward)
10. Accelerate until the car has reached about 3,000 rpm, then take your foot off the gas, press down on the clutch pedal, and pull the gearshift directly down through neutral to second gear. Be sure to pull the gearshift down until it can't go any farther.
11. Release the clutch pedal gently, simultaneously pressing down gently on the gas pedal.
12. Repeat the shifting process each time you hit 3,000 rpm until you're driving at the appropriate speed. (Third gear is up and to the right; fourth gear is all the way down from there; fifth gear is up to neutral, right and then up again.)
13. Downshift by releasing the gas pedal when you want to decrease your speed. Press down on the clutch and move the gearshift through neutral into the next-lower gear (move down only one gear at a time). Once you're in the lower gear, release the clutch slowly and brake as you do so.
14. Stop the car by downshifting to second gear and applying the brakes. Apply the clutch just before the car stops. Don't downshift into first.
15. Drive in reverse by following the same steps you would for starting in first gear. The reverse gear engages more quickly than first gear, however, so be sure to release the clutch slowly and begin to press the gas pedal as soon as the car begins to move.
Stock Trading Metaphor
Everything From The Front Looks Good (CEO was just mentioned on CNBC and was only going to sell a few shares for diversification purposes)
Everything From The Back Looks Good (No stock option back dating here, and it just got a great mention by my favorite bullish all the time no matter what news letter writer)
You Even Checked Under The Hood "Everything Still Looks Good" (Fundamentals rock solid, what a great story this stock has, I told that to my clients and I'm sticking to it!)
Thing are going good "until you roll down the window while looking at the map" (The trend turns bearish but you are too busy looking to see if the map/chart/update looks different flipped upside down, afterall you didn't buy no lemon!!)
The map then gets sucked out the window. As you turn your head to see where it went you drive right over the cliff. (It wasn't your fault it was the dang wind, maybe if I roll the window back up the car will appear less damaged?)
You just got THELMA'd and LOUIS'd (Don't cry for me Argentina The truth is I never left you All through my wild days My mad existence I kept my promise Don't keep your distance)
To Avoid Going Over This Bridge Go Here
|
