SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chris who wrote (6466)3/1/1998 11:04:00 AM
From: Robert Graham  Read Replies (4) of 42787
 
I appear to be managing my exits well even though my entry in a stock needs to improve. I am usually too early. I also need practice in different markets as for as how the market can change over the long market cycle. I just need to develop a system with option trades that will produce at least a 50% success rate. I have been looking to other existing systems for ideas such as Cooper's 5 day Momentum Method. This system will help facilitate my focus and discipline which at times needs improvement when the stock does something unpredictable. I should be able to keep the number of indicators down to a small number, perhaps about 5. I also have been focusing more on sentiment and news can impact a stock. Part of this is how economic reports can impact the markets and what this reveals about market sentiment. I am definitely going to have to learn how to make sense of the economic reports and understand their significance as far as the market is concerned.

I need to develop my tape reading skills particularly in changing markets. Learning how to read the tape and how this relates to the technicals of the stock is one thing. Another important element in the timing of trades is how to trade in relationship to the tape in order to manage the risk of my entry. I have been focusing on the risk of losing money. I also need to start focusing on the timing of my entry when the stock price is taking off since time is an important element in option trades.

I want to be able to track where the money is moving to in the market, and determine what is providing leadership in the market. I am thinking of using a momentum newsletter to help me here since I am limited on time. A good one like the MTP Review will provide good momentum picks. This together with John Murphy's newsletter can provide me with part of the picture. I find Murphy's newsletter is more accurate when the market is trending, but he does make worthwhile observations about the market.

So here is my list:

1. Improve tape reading skills and how it relates to my entry and exits under different market conditions
2. Improve my entry into a stock in not being too early.
3. Learn how to enter stocks that have already taken off and are in a strong uptrend without having to wait for a significant pause. Learning how to trade stocks that have gapped up is part of this goal.
4. Develop my focus and discipline even when surprises happen.
5. Learn a more structured approach to tracking where money is moving to in the market and how to determine market sentiment.

My pursuit in developing a system that has at least a 50% success rate will tie much of this together.

Bob Graham
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News