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Showing posts from June, 2024

July 2024 BRO-ACE Rookie Stock Trading Strategy

Here's the update after the regretful Apple sell...  https://buysellsignals.blogspot.com/2024/06/rookie-traders-regret-lessons-learned.html   ROOKIE STOCK TRADING BRO-ACE STRATEGY  CHECKLIST SELL: Identify Stock Holdings to SELL... Use BRO (Moomoo) and A (Yahoo Finance). All 4 must meet the criteria... BOL (20, C,2). Above Upper Band (sell).  RSI (7). Above 70 (sell). OBV. Above middle line (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.  Never sell all share holdings of a good stock even with a strong sell signal. Sell only half? Sell on signal even if it's a loss (capital cashflow is better than stuck or falling losses) BUY: 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 Bollinger indicator falling below the lower band... tap ...

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

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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

PepsiCo Stock Purchase at $166 | Investment Update

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Just bought PepsiCo (PEP.US) at $166 each. Fingers crossed for some refreshing returns! 🥤💰