Rookie Trader Stock Selling - Sold UAA

The Finviz stock screener showed only 13 stocks that I probably had the chance to purchase. 

Unfortunately, there was nothing to buy. 

I sold UAA at $11.80, which is above my target price. I am pleased to say that my ORB stock strategy works. As a result, I now have new capital. 

I have determined that SPY is not ready to buy at this time.

Comments

Post a Comment

Popular posts from this blog

How decentralization makes blockchains special?

Image
There are two things in investing that I truly want to understand: blockchain and decentralization.  Today, I read an article that explains it clearly. What's blockchain decentralization? The first feature of blockchains is that they are decentralized. It is a phenomenon or structure that only appears in a system with many blockchain nodes or in a group with many individuals. This structure makes all transactions transparent to everyone involved. Benefits of decentralization: - Provides a trustless environment - Reduces systemic failures - Improves data reconciliation - Optimizes resource distribution Learn more here... Invest with moomoo :How decentralization makes blockchains special? https://www.moomoo.com/en-sg/community/feed/106346009985029 ~ the rookie trader
Read more

Rookie Trader's Regret: Lessons Learned from Selling Apple and Meta Stock Early

Image
I deeply regret selling all my Apple stock at $196.  Just four days later,  it surged to $208. Why did I make such a hasty decision? The sell signals seemed strong, and I lost faith in Apple due to their silence on AI advancements. However, immediately after WWDC2024, the stock price jumped significantly. This isn't the first time this has happened; I made a similar mistake with Meta stock. Lesson learned: When dealing with good stocks, it's wiser to sell only half of my holdings when faced with a strong sell signal. This strategy allows me to mitigate losses and benefit from potential price increases. ~ A Rookie Trader Learning from Mistakes  PS: New Strategy updated June 12, 2024... https://buysellsignals.blogspot.com/2024/06/july-2024-bro-ace-rookie-stock-trading.html
Read more

AXP is not ready for the buy - Make $15K/mth from Stocks Challenge #220302

What stocks to buy?    Buy DJIA and S&P500 stocks.  undervalued PEG less than 1.5,  uptrend above 200MA, when going down and about to bounce...   https://finviz.com/screener.ashx?v=111&f=fa_peg_u2,idx_sp500,ta_perf_1wdown,ta_sma20_pb,ta_sma200_pa&ft=4 Double confirm for UNDERvaluation here...  https://simplywall.st/dashboard Buy if undervalued more than 30%. Experiment - Scroll through yahoo stock chart  from 1 day to 15 min interval to forecast supertrend signal.   👉 AXP. 26.9% undervalued. Supertrend is not ready.  Which stock to sell? ...or stop loss. Check for OVERvaluation here...  https://simplywall.st/dashboard Sell when overvalued. 👉 Nothing currently to Sell.  Until tomorrow.  May the markets be with you! ~ The Rookie Trader  PS: I would like to thank the following...  For the charts...  https://finance.yahoo.com/ For all in one...  https://j.moomoo.com/00gxKc For the sc...
Read more