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Video – Stock Market Exit Strategy —- Do you understand yours? Great poker players use them. Strategies like money management and selection of where to be aggressive with your plays. The combination of them both can make for great or terrible results. Many gamblers in poker, sports, blackjack, stocks have been known to win or lose a lot of money. That is because the winners are skilled enough where they can overcome the odds and make profits. Unskilled players will be on the short end of the stick due to being under skilled and poor risk management. Therefore do the best research you can on the internet and try to attempt to find people you can trust from any and all the sources you encounter. This way you are able to find the right books, videos, people and web pages you need. This is why my personal guess for best classes are real commodities that can hold value over a reasonable period of time. Silver has long term holding value as it can be held like money and passed on through several generations. Sometimes, playing at a casino can be very fun and that is why it is great these financial institutions let us play. The sad truth is many people are putting up a majority amount of their money into this casino and they do not even realize that it is there. The worst part is that the casino you go to or play online contains bet sizes that are much lower with higher short term risk. What is smarter however? Putting most of your money into these equity accounts, or taking a certain percentage of that money and having a wild weekend in Vegas. If you lose money, its like losing a dozen percent on stocks (or much less). If you are playing stocks and winning, that would mean you are better than the average player and good enough to beat the rake (spreads and commission fees). This means you still need an exit strategy for the game of getting out of this dollar. Time is lower each day and anyone that has dollars in paper and computer databases will be in trouble.
Financial advisers use equities to trade stocks. Because they have done a terrific job of not letting people know that this type of trading is in fact casino trading. The proof is in the many people whom have lost their shirts on poor equity trading and pension funds being hammered. Many sold for losses or received gains that did not surpass inflation. Remember for every winner there always has to be a loser and the house always wins in the casino.
Technically speaking the long term strategy on chart patterns is for the 50 day moving average to be declining for two days and a close below it. This means if you decide to use this method for selling longs it would be smart to be active trading the following day and at any point you see that it will close below the 50 then sell by 3:59pm EST as this pattern could result in a 2% gap down type of day or worse.
Duration : 0:4:35
[youtube lHjTpgMrOr4]
January 16th, 2010 at 12:43 pm
pick the best ADRs …
pick the best ADRs in the sectors you like. I prefer mining because you can overpay in the short term but for long term these prices are justified. Excellent vehicles for Roth IRAs & where allowed in 401ks. No worries about entry price being high for the long term. Stick with large caps that dont have a huge exposure to coal.
I like Rio Tinto PLC , disappointing quarter but price action strong.
Recent silver strength for the most part should stick this time. Avoid ADRs with huge hedge books
January 16th, 2010 at 12:43 pm
you should be able …
you should be able to opt out of compulsive contributions to private retirement programs. But then again, we have no choice to opt out of the corrupt pyramid scheme Socialist Insecurity.
January 16th, 2010 at 12:43 pm
switched my old …
switched my old 401k to an IRA where I can put it in gold in the perth mint.
I cant get out of my current 401k, so I knocked down my contributions to minimum.
Since all of the funds are absolutely terrible with that account, I am using it as a hedge against my investments I control… Meaning I am buying bonds fully expecting to lose it all to inflation, but if somehow I cant imagine we have massive deflation all my gold and silver will lose and my 401k will win.
January 16th, 2010 at 12:43 pm
I’m forced to …
I’m forced to contribute to a retirement program at work but I don’t put any additional money in the market. Instead I’m paying down debt and buying precious metals. In two months I’ll be done paying off my debt that I ran up buying my BOV and I intend to jump back into pounding my mortgage down. I only have 23 thousand left to go. Once I’m below 20 thousand I’ll get really excited about it.
Imagine being totally debt free, no rent, no mortgage, no CC bills, no Nothing!
January 16th, 2010 at 12:43 pm
Yep you might as …
Yep you might as well get to check out tits while you’re losing your money.
January 16th, 2010 at 12:43 pm
401k is a scam! I …
401k is a scam! I put my money in a stable money market account, and wanted to cash out and go into gold/silver, but I found out that I can’t as long as I’m employed, and then I would have to lose 50% in penalties and taxes. So now I put my money back into the stock market because it doesn’t really matter if the market goes up or down. The only change I made was not contribute as much as I did before.
January 16th, 2010 at 12:43 pm
you can make money …
you can make money but you gotta do your homework, you gotta be fast and you can t go for homeruns…single and doubles get you gains…and most people don t short the market…hedge funds are good alternatives for short positions and you can make money long or shortthere…thanks nikei b
January 16th, 2010 at 12:43 pm
Yes- I have held …
Yes- I have held stocks and am doing OK. but they were already down, this RALLY? is the most mystifying event the stock market has ever behld
January 16th, 2010 at 12:43 pm
at least at the …
at least at the casino you get comps like free drinks or rooms and pretty waitresses.
January 16th, 2010 at 12:43 pm
when this year ends …
when this year ends and the ’status-quo lala-land’ still continues.. without any changes, ill be in shock and awe!
January 16th, 2010 at 12:43 pm
Number 2 is right! …
Number 2 is right! That pretty much describes this kind of post.
January 16th, 2010 at 12:43 pm
Great Video!!! …
Great Video!!! Thanks
January 16th, 2010 at 12:43 pm
Most of traders …
Most of traders still believe in the stock market rally and they will not get out. May be they want to live the coming event and celebrate while seeing their fortune evaporating!
January 16th, 2010 at 12:43 pm
number 2
number 2
January 16th, 2010 at 12:43 pm
FIRST
FIRST