It's 3 August 2023... the Rookie Trader discovered a flaw in the BRO ACE buy strategy. When "A" triggers the buy signal, the Target may not be coming but may have just passed. Mistake done in AMD purchase. So the new rule is: never buy if Target has been reached in the last 3 months. ======== ROOKIE STOCK MARKET STRATEGY DAILY CHECKLIST Identify stock holdings to SELL. Use BRO (Moomoo) and ACE (Yahoo Finance). All 3 must meet the criteria... BOL (20, C,2). Above Upper Band (sell). RSI (7). Cross above 70 (sell). OBV. Reach a 3-month high (sell). A. Average Analyst Price Target is equal to or less than price (otherwise let the profits run). Remember... Never expect the price to return to its previous high. Sell on signal even if it's a loss (capital cashflow is better than stuck or falling losses) Identify stocks to BUY Buy only S&P500 stocks... for stability and dividends. Use the Moomoo stock screener to screen SP500 stocks with a daily Bol...
No immediate crisis in Asian economies: IMF - July 30, 2007 : "The International Monetary Fund says that it saw no immediate risks of a financial crisis for Asian economies hit in recent months by a heavy influx of global capital."
1 hour before the market opens. Any stocks in my Yahoo watchlist meeting my Supertrend buy criteria? None. Any stocks from MarketInOut.com to buy? None. Scan the other stocks people are also watching? None showing the supertrend buy signal. Yahoo Finance lags at 20 minutes before the market opens. So let's stop checking to market opens. Listen to Trader TV Live in the background. What's SwaggyStocks saying about Wallstreetbets ticker sentiment? GME, AMC, and PLTR. Market opens... Since I can't find a supertrend, then... Queued for GME at $119. Missed. Keyed in too slow. Amended to $125. Chasing. Missed again. 20 minutes later... DONE! Did any stocks on hand meet my Supertrend sell criteria? 11 out of 13 stocks turned red. Nothing to sell. How's my purchasing power today? I can buy up to only 3 more stocks. Any potential stocks from MarketInOut.com to buy? None Any potential Supertrend buy signal from Finviz screener? None See you at 3 pm closing ...
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