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Stock picks and worldwide trading opportunities by aserbfx

  • #121
  • Nov 14, 2011 3:20pm Nov 14, 2011 3:20pm
Nuff said
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  • #122
  • Nov 14, 2011 10:12pm Nov 14, 2011 10:12pm
Quoting 5.25
Nuff said
by chart: yes.
but check freestockcharts.com or finviz.com for charts of ibm. i think this is a bad broker feed. on the other charts the open is much higher and therefore no pinbar.
meine augen sind die sterne
  • #123
  • Edited 3:03pm Nov 16, 2011 3:26am | Edited 3:03pm
Quoting split_unit
Dude, are you aware of the very low liquidity on that stock? It trades 20k shares a day on average, your order alone could move it. Too dangerous for me.


ohh thanks man , i have no expirience in trading stocks. Start at the time.

My plan was to buy in 1000er packes- but I´m shure in over 80% that the uptrend will be supported with 20.000 shares too.

They would absorb it. I think only an opinion from an non stocktrader. try to start with understanding.

errmmm what did you said u will buy 20.000. ermmm may I will try it too. Only to see what happens.

mmmh


but anyway. thank u very much - I try to learn. thanks a lot.

Trade futures and spot markets in currencies, indicies and metalls.
#
not more.

enigma4x

Edit: P.S Thank u dude for ya replay - I will think about it ....
enjoy my life ... and ride the waves - all what I do
  • #124
  • Nov 16, 2011 9:12am Nov 16, 2011 9:12am
Quoting enigma4x
ohh thanks man , i have no expirience in trading stocks. Start at the time.

My plan was to buy in 1000er packes- but I´m shure in over 80% that the uptrend will be supported with 20.000 shares too.

They would absorb it. I think only an opinion from an non stocktrader. try to start with understanding.

errmmm what did you said u will buy 20.000. ermmm may I will try it too. Only to see what happens.

mmmh


but anyway. thank u very much - I try to learn. thanks a lot.

Trade futures and spot markets in currencies, indicies and...

Dude...playing this stock is a dangerous game and heres why:
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  • #125
  • Nov 16, 2011 3:47pm Nov 16, 2011 3:47pm
Quoting aserbfx
by chart: yes.
but check freestockcharts.com or finviz.com for charts of ibm. i think this is a bad broker feed. on the other charts the open is much higher and therefore no pinbar.
Thanks Aser, valuable lesson learnt. Was in profit at the get go, then it got ugly.

T
  • #126
  • Nov 17, 2011 4:16am Nov 17, 2011 4:16am
For all you smokers and traders on this thread...heres a setup you should be familiar with in Philip Morris...
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  • #127
  • Nov 17, 2011 7:30am Nov 17, 2011 7:30am
Quoting split_unit
Dude...playing this stock is a dangerous game and heres why:
Very Informative Post !! .

Thank you.
  • #128
  • Nov 18, 2011 8:53am Nov 18, 2011 8:53am
Quoting cprao
Very Informative Post !! .

Thank you.
Your welcome
  • #129
  • Nov 18, 2011 1:49pm Nov 18, 2011 1:49pm
Hi aserbfx

Noob question. I heard someone a while ago mention that stocks need to have ''sufficient liquidity'' before you trade them but I can't remember where. Is this true? Could you please explain further?

Thank you
  • #130
  • Nov 24, 2011 9:24pm Nov 24, 2011 9:24pm
Sufficient liquidity only means there needs to be enough turnover/shares trading to absorb your activity. Enough buyers/sellers available to get you out of the stock. If a stock is thinly traded, you may also have to pay a higher bid/ask (which is a real cost of trading) or see slippage when your order comes in.

For instance if you own 1,000 shares of a stock and it averages 20,000/day your trade could account for more than 5% of total volume (because after all, we're talking averages... it might trade 10k one day and 30k the next)... you don't know if you'll be transacting on a 10k-day or the higher volume day.

Anyway, lets say you want out of your 1,000 shares and you look up your quote and see a $4.25 bid and a $4.30 ask. You send your broker a limit order to sell at $4.25, however what if there are only 200 shares bid? Well, your order to sell 1,000 gets partially filled at 4.25 and the other 800 shares now have to find a new bid. The market moves to 4.25 ask (asked... i.e. you're *asking* for $4.25 for your shares). Where the bid is... not sure. Maybe significantly lower...

Alternatively (and i'm probably giving you too much detail here) -- Your order comes in to sell 1,000 shares and sometimes you'll literally see the market move just prior to your offer. "the Machines" (i.e. the electronic market makers, the algorithms programmed by all the "quants" out there) move their quote on you... I've seen this happen in thin stocks where I'll send a small order (and believe me, my orders are small time!!) and the quote will jump...inevitably in the wrong direction costing me money!!

This type of thing won't happen in big stocks like IBM, AAPL, or really any other stock trading significant volume because there are so many people always trying to transact...if someone moves their bid, there's always someone else who will gladly take that person's place.

Everyone's definition of "significant" volume differs. 100k is a decent rule of thumb IMO but everyone has a different style! Best of luck in your trading.

-SL


Quoting hunzul
Hi aserbfx

Noob question. I heard someone a while ago mention that stocks need to have ''sufficient liquidity'' before you trade them but I can't remember where. Is this true? Could you please explain further?

Thank you




  • #131
  • Nov 24, 2011 11:12pm Nov 24, 2011 11:12pm
Quoting InfinitySL
Sufficient liquidity only means there needs to be enough turnover/shares trading to absorb your activity. Enough buyers/sellers available to get you out of the stock. If a stock is thinly traded, you may also have to pay a higher bid/ask (which is a real cost of trading) or see slippage when your order comes in.

For instance if you own 1,000 shares of a stock and it averages 20,000/day your trade could account for more than 5% of total volume (because after all, we're talking averages... it might trade 10k one day and 30k the next)... you don't...
+1
  • #132
  • Nov 24, 2011 11:52pm Nov 24, 2011 11:52pm
Another Example I hope its clear.
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  • #133
  • Nov 25, 2011 6:01am Nov 25, 2011 6:01am
I can't read the writing in your graph... maybe try splitting into two attachments? Comes out pretty blurry for me...Judgeing from the two charts though i have a pretty good idea what your point was...
  • #134
  • Nov 25, 2011 7:26am Nov 25, 2011 7:26am
Quoting InfinitySL
I can't read the writing in your graph... maybe try splitting into two attachments? Comes out pretty blurry for me...Judgeing from the two charts though i have a pretty good idea what your point was...
lol yeah, heres what I wrote zoomed in...
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  • #135
  • Sep 13, 2012 7:34pm Sep 13, 2012 7:34pm
I used to look fwd to your graphs... where'd you go dude?!
  • #136
  • Sep 23, 2012 6:42am Sep 23, 2012 6:42am
Quoting InfinitySL
I used to look fwd to your graphs... where'd you go dude?!
i am here. i was on vacation. will post on james16 thread very soon. hope you are doing well.
meine augen sind die sterne
  • #137
  • Apr 20, 2014 1:11pm Apr 20, 2014 1:11pm
german tui1 and six2
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meine augen sind die sterne
  • #138
  • Apr 20, 2014 1:18pm Apr 20, 2014 1:18pm
us trmb with strong weekly candle. will look for a rise above 40 usd for entry.
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meine augen sind die sterne
  • #139
  • Apr 20, 2014 1:27pm Apr 20, 2014 1:27pm
vrtx on weekly
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meine augen sind die sterne
  • #140
  • Apr 22, 2014 8:56pm Apr 22, 2014 8:56pm
You ever think about posting any of these to StockTwits.com?

Anyway, always enjoy your charts.
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