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Jesse Livermore: Trading Lessons From an Iconic Trader● Jesse Livermore, a successful stock trader, built a fortune of $100 million in 1929. He operated independently, using his own capital and strategies. Livermore preferred trending stocks and used price patterns and volume analysis to decide trades. ● Livermore's Trading Principles (1) Trade with the trend A well-known saying is "The Trend Is Your Friend." Livermore preferred to trade stocks that were trending and avoided sideways market. (2) Get confirmation before entering any trade Hold off until the market shows clear signs before making a move. Being patient can lead to significant profits. (3) Trade with a strict stop-loss It is crucial to set a strict stop-loss for every trade, and it's important to know the stop-loss level before starting any trade. This approach can help a trader avoid significant losses. (4) Trade the leading stocks from each sector Livermore liked to trade stocks that were leaders in their industry. He thought this approach could increase his chances of winning. (5) Avoid average down losing trades He chose to exit the position rather than averaging it down. (6) Avoid following too much stocks It's quite challenging to monitor numerous stocks simultaneously. Focusing on a smaller number of stocks could lead to better trading opportunities.
Education
by NaranjCapital
ANANTRAJ - Long Term Accumulation - Education PurposeThis analysis focuses on the long-term accumulation strategy for ANANTRAJ, highlighting key support levels that are crucial for making informed trading decisions. This strategy is designed for educational purposes and aims to help traders understand the significance of support levels in the context of long-term investments. Risk Management: Establishing support levels aids in managing risk by setting predefined points where buying decisions are made, thereby limiting potential losses. This analysis is intended to provide educational value and should not be construed as financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
NSE:ANANTRAJLong
by vinod0211
Bull Market Booming: Top Tips to Maximize Your Investment Gains!It appears that a bull market has taken hold in the US market, as evidenced by the remarkable rise of the S&P 500 index, surging over 20% from its October lows. Adding to this favorable outlook, the Federal Reserve has finally implemented a much-anticipated pause in the cycle of interest rate hikes. With the shift in market sentiment from bearish to bullish, investors are eagerly looking for avenues to leverage this upward trend and make the most of the prevailing conditions. Today, we will delve into the various factors that indicate the arrival of a bull market, along with strategies and invaluable tips to help you seize the opportunities presented by this favorable market scenario. What Lies Behind All This Optimism? The current wave of optimism in the market and the emergence of a new bull market can be attributed to several significant factors that are often overlooked or avoided in discussions. One key reason behind this optimism is the remarkable earnings results reported by companies. Investors are celebrating the fact that companies are no longer delivering mediocre performance. Instead, they are exceeding expectations and showcasing strong growth. This shift in mindset from accepting average results to embracing a "glass-half-full" outlook is driven by the realization that companies are meeting and even surpassing the high growth expectations set for them. This surge in optimism is fueled by the confidence that companies have proven their ability to generate substantial earnings and capitalize on market opportunities. Investors are therefore responding by driving up the market and contributing to the overall bullish sentiment. It is important to acknowledge and consider this fundamental aspect when discussing the reasons behind the current optimism and the substantial year-to-date increases observed in the market. The impressive performance of companies and their ability to meet or exceed growth expectations have played a vital role in shaping the current bullish market sentiment. S&P 500 daily chart The positive forward guidance provided by CEOs further reinforces the current optimism in the market, as it signals their increased confidence in navigating challenges, particularly those posed by inflation. A notable example of this trend can be seen in Nvidia's Q1 earnings report, which highlighted the company's upwardly revised guidance. This adjustment reflects the strong demand for AI technologies that power applications at major industry players such as Google, Microsoft, and OpenAI, the creator of ChatGPT. Nvidia's projected revenue of $11 billion for Q2 significantly surpassed the estimates put forth by Wall Street analysts. This impressive figure serves as tangible evidence that the AI craze is more than just hype. The surge in demand for graphics processing units (GPUs) from both established tech giants and startups as they develop their AI platforms has been a key driver behind Nvidia's remarkable performance. As a result, the company's shares experienced a staggering 26% surge, propelling Nvidia's market value to an extraordinary $1 trillion. This achievement places Nvidia among the elite group of publicly traded US companies that have reached this milestone, joining the ranks of industry giants such as Apple, Microsoft, Google parent Alphabet, and Amazon. The significance of Nvidia's market value milestone further solidifies the notion that the demand for AI technologies is substantial and here to stay, providing a strong foundation for the ongoing bull market in the US market. Tesla stock daily chart Tesla has also emerged as a significant player worth noting in the current market landscape. The company has experienced a remarkable turnaround, with its stock value surging by an impressive 70% over a six-month period, including a notable 53% increase in the past month alone. This is a noteworthy development, considering that Tesla had suffered a substantial loss of around two-thirds of its value in 2022. The strategic and timely price cuts implemented by Tesla, although initially perplexing to some, are now proving to provide the company with a potential market share advantage. These price adjustments have contributed to the renewed interest and confidence in Tesla, ultimately fueling its recent resurgence. As the Q1 reporting cycle has concluded, the results reveal a strong performance for tech stocks in the latter half of the year. This surge can be attributed to the prevailing optimism surrounding the Federal Reserve's approach to nearing the end of its rate hike cycle. The anticipation of higher interest rates, coupled with concerns of slower economic growth and softer labor market conditions, has contributed to a decline in inflation. Surprisingly, the adverse effects that were initially expected to impact households and businesses have been less severe than initially predicted. Furthermore, with the concerns surrounding the US debt ceiling alleviated and the mitigation of inflation risks, the overall market sentiment has undergone a transformation from bearish to bullish. This shift in sentiment is likely to continue, with stocks, particularly mega-cap tech companies like Tesla, expected to maintain strong returns throughout the remainder of the year. Overall, Tesla's impressive turnaround and the positive performance of tech stocks exemplify the overall market's optimistic outlook, driven by a combination of factors such as Federal Reserve actions, inflation dynamics, and improved market conditions. Top Bull Market Stocks to Consider Buying Now: Tesla (TSLA) This is not financial advice. Indeed, Tesla's influence extends beyond its position as a dominant player in the electric vehicle (EV) market. The company's offerings go beyond vehicles and encompass solar and energy storage solutions. Tesla's plans to establish a factory in Shanghai for manufacturing Megapack batteries further solidify its position as a leader in the renewable energy sector. These batteries play a crucial role in storing renewable energy, alleviating strain on the grid during peak hours, and promoting a more sustainable energy ecosystem. While Tesla's growth will be primarily driven by its vehicle production, the company's positive outlook is reinforced by upcoming price cuts and the launch of new products such as the highly anticipated Cybertruck and Semi. These product expansions contribute to the company's overall growth potential and indicate its commitment to innovation and diversification within the EV market. Despite some mixed recent financial results, investing in Tesla during the current bullish market phase is seen by many as a reasonable bet on the company's potential to become the world's largest automaker. Tesla's strong market presence, technological advancements, and commitment to sustainability have garnered significant investor confidence and positioned the company for continued success in the evolving automotive and renewable energy sectors. Alphabet (GOOGL) Alphabet stock daily chart Google, with a staggering market capitalization of $1.6 trillion, stands as one of the most prominent names in the business world. It secures its place among the top five most valuable companies globally and boasts a widely recognized and esteemed brand. Google remains at the forefront of groundbreaking advancements in various technological spheres, including mobile technology, cloud services, data analytics, artificial intelligence (AI), and virtual reality. These innovative developments continue to drive the company's success and shape its competitive edge. Notably, a significant portion of Google's revenue stems from its dominance in internet advertising, a lucrative sector that contributes substantially to its financial performance. The active integration of AI within Google's operations serves as a strong catalyst for the growth of its shares. As AI technology becomes increasingly prevalent, it expands the addressable market for Google, creating new avenues for growth and revenue generation. The global corporate AI market, in which Google actively participates, is projected to experience a remarkable annual growth rate of 34.1% until 2030. This highlights the immense potential and opportunities that lie ahead for Google as it leverages AI capabilities to propel its business forward. With its continuous pursuit of technological innovation and a diversified revenue stream, Google remains a formidable force in the industry, poised for sustained growth and influence in the years to come. Intel (INTC) Intel stock Monthly chart The increasing adoption of artificial intelligence (AI) technology has created a surge in demand for chips, leading to notable market movements for prominent AI chip manufacturers. Both Advanced Micro Devices (AMD) and NVIDIA have experienced significant share price increases since the start of 2023, capitalizing on the growing enthusiasm surrounding AI advancements. In light of this trend, chipmaker Intel is also seeking to position itself as a key player in the AI chip market. Intel has been engaged in negotiations for a strategic initial public offering (IPO) investment with Arm, a renowned British chipmaker. This move follows NVIDIA's previous unsuccessful attempt to acquire Arm. By exploring this potential partnership, Intel aims to solidify its position in the AI chip sector and leverage Arm's expertise and technology to enhance its own capabilities. The negotiations highlight the fierce competition among chipmakers to secure a prominent position in the rapidly expanding AI market. As the race for AI chip dominance intensifies, these developments demonstrate the strategic moves undertaken by major players in the industry to stay ahead in the evolving landscape of AI technology. The outcome of these negotiations will undoubtedly have implications for the future trajectory of the AI chip market and the competitive dynamics among key players such as AMD, NVIDIA, and Intel. Strategies For Investing In A Bull Market If we are indeed in the early stages of a new bull market, it's crucial to have strategies in place to make the most of rising stock prices. Here are four strategies to consider: 1 ) Diversification and Asset Allocation: Review your asset allocation to ensure you have sufficient exposure to stocks to benefit from the bull market. Consider rebalancing your portfolio by reducing your allocation to bonds and cash while increasing your allocation to equities. However, exercise caution and remain aware that market conditions can change rapidly. Don't assume that stocks will only go up from here. Maintain a well-balanced portfolio that includes a mix of stocks, bonds, and cash. If you're uncertain about the ideal mix, the Rule of 110 suggests subtracting your age from 110 to determine the percentage of your portfolio to allocate to stocks. 2 ) Focus on Growth Stocks and Sectors: In a bull market, growth stocks and sectors tend to perform well. Look for innovative companies that leverage technology to create efficiencies or address global challenges. Industries experiencing rapid growth in 2023 include CBD product manufacturing, 3D printing, solar power, and artificial intelligence. Remember that growth stocks offer higher return potential but also come with increased risk compared to more established companies. 3 ) Consider Value Investing: Value stocks are equities that appear undervalued relative to their intrinsic value. They may be trading at lower prices due to investor overreactions or a market environment that favors faster-growing assets. In a strong bull market, value stocks may lag as investors favor growth assets. However, for patient, long-term investors, this presents a buying opportunity. Value stocks often shine during bear markets and may offer dividend payments. Utilize the bull market to increase your holdings of value stocks, which can act as a buffer during the next bear market while providing dividend income. 4 ) Dollar-Cost Averaging: Implement a strategy known as dollar-cost averaging (DCA), where you invest a fixed amount on a regular schedule, regardless of market fluctuations. For example, invest $400 on the same day each month instead of trying to strategically time the market. DCA helps manage the volatility often seen in the early stages of a bull market. By investing consistently, you buy more shares when prices are low and fewer shares when prices are high. This approach lowers your average cost basis over time and minimizes the impact of short-term market fluctuations. Remember that these strategies should be tailored to your individual financial goals, risk tolerance, and time horizon. It's advisable to consult with a financial advisor who can provide personalized guidance before making any significant investment decisions. Risks To Be Aware Of In A Bull Market While bull markets can present favorable opportunities, it's crucial to be aware of potential risks and pitfalls. Here are three significant risks to consider: 1 ) Overconfidence and Speculation: During a bull market, there is a tendency for investors to become overconfident and take on higher levels of risk. This can lead to speculative investing, where investors chase after high-risk, high-reward opportunities. However, when the bull market eventually ends, these speculative investments may experience substantial losses. It's important to maintain a balanced approach to investing and avoid excessive risk-taking, as downturns can permanently impact the outlook for smaller, less established companies. 2 ) Market Bubble: Bull markets can sometimes give rise to market bubbles, where stock prices become significantly detached from their underlying value. This occurs when investors, driven by excessive optimism, push prices to unsustainable levels. While market bubbles can provide opportunities for gains in the short term, they also carry the risk of a sudden correction or crash. Once the bubble bursts, panic can set in, causing a rapid decline in stock prices and the onset of a new bear market. It's essential to remain cautious and be aware of signs of excessive market exuberance. 3 ) Impact of Interest Rates and Inflation: The interplay between interest rates, inflation, and economic conditions can influence the trajectory of a bull market. Changes in interest rates by central banks, such as the Federal Reserve, can impact borrowing costs and corporate profitability. Additionally, shifts in inflation levels can affect consumer spending power and overall economic growth. Uncertainties regarding future interest rate hikes or spikes in inflation can introduce volatility and potentially dampen or reverse a bull market. It's important to monitor economic indicators and the actions of central banks to gauge their potential impact on market conditions. It's worth noting that predicting the specific outcomes of these factors in the coming months or years is challenging. The key is to remain vigilant, maintain a diversified portfolio, and consider the long-term perspective when making investment decisions. Consulting with a financial advisor can provide valuable guidance in navigating the risks associated with a bull market. Tips For Benefitiing From A Bull Market To successfully navigate a bull market and maximize your investment potential, it's important to consider the following strategies: 1 ) Stay Disciplined: Maintaining discipline is crucial in avoiding excessive risk-taking and speculative behavior. Define your investing parameters and process, and stick to them. Establish clear criteria for the types of investments you're willing to make and the level of risk you're comfortable with. Evaluate any exceptions carefully and have a clear exit plan for more speculative assets. By staying disciplined, you can mitigate the risks associated with overaggressive investing and ensure a more measured approach to capitalizing on the bull market. 2 ) Think Long-Term: Adopting a long-term perspective is key to protecting your investments from short-term market fluctuations and potential downturns. While it can be tempting to make impulsive decisions based on short-term market movements, it's important to focus on your long-term financial goals. Allocate a portion of your portfolio to cash reserves to cover emergencies or major purchases, so you don't need to tap into your investment accounts during market volatility. This long-term outlook allows you to weather market cycles and take advantage of opportunities that may arise, while also providing stability and peace of mind. 3 ) Rebalance Regularly: Bull markets can lead to overexposure to stocks as their value appreciates. Regularly rebalancing your portfolio helps maintain your desired asset allocation. For example, if your target allocation is 70% equities and 30% bonds and cash, and stocks have outperformed, your allocation may shift to 75% stocks and 25% bonds and cash. By periodically selling stocks and purchasing bonds, you can restore your desired asset allocation and lock in some profits from the bull market. Rebalancing also helps manage risk by ensuring that your portfolio remains aligned with your risk tolerance and investment objectives. 4 ) Seek Professional Advice: Each individual's financial situation is unique, and it's important to consider your circumstances when implementing investment strategies. Regularly review your investment plan and consult with a financial professional to ensure it remains aligned with your goals and risk tolerance. A financial advisor can provide personalized guidance based on your specific situation, help you navigate market trends, and offer insights on potential investment opportunities. They can also assist in assessing the performance of your portfolio and making adjustments as needed. By following these strategies, you can position yourself to make informed investment decisions, manage risk, and capitalize on the opportunities presented by a bull market. However, it's important to remember that investing involves inherent risks, and past performance is not indicative of future results. Stay informed, monitor market conditions, and be prepared to adjust your strategies as needed. Conclusion: As the bull market gains momentum, it is essential for investors to be well-prepared and make informed decisions. Employing various strategies such as diversification and asset allocation, emphasizing growth stocks and sectors, considering value investing, and implementing dollar-cost averaging can significantly enhance one's ability to navigate the market effectively. Nevertheless, it is crucial to remain cautious of potential risks, including overconfidence, market bubbles, and the influence of interest rates and inflation. To maximize gains during the bull market while minimizing potential risks, it is vital to maintain discipline, adopt a long-term perspective, regularly rebalance portfolios, and seek professional advice. It is important to note that individual circumstances vary, thus investment strategies should be tailored to align with personal financial goals and risk tolerance.
Education
by FOREXN1
14
no World War 3 - better be long MOEXhi fellow traders, since very long time that such a simple theme popped on my radar and it is so easy to lay down the reasoning. all is based on a single geo-political fact, war world 3 to happen or not, if happens I assume that all stock markets will free fall, crash, and get demolished. including MOEX. if world war 3 will not start, we have the MOEX as attractive long for the following reasons: 1- commodities rally of recent months to serve MOEX and the Russian Ruble very well, they are going to cash the commodities rush. 2- the Russian Ruble is heavily oversold, its handling by the Russian central bank is very healthy and offers great nominal carry reward, MOEX is quoted in Rubles. 3- if we get off the headlines of the "news" institutions/organizations, Russia is definitely a young tiger wishing to turn into a great tiger. remember, central bank with positive real yields is strong signal for very healthy macro policy running the economy. in case you are interested, I have list of specific listed companies that are on my buy and hold list, the investment theme includes calculation made for future dividends and in general it is a theme for the next 3-10 years with clear targets for scale-out / scale-in activities during the journey every 8/21 weeks cycle depends on each specific listed stock within the theme. for that you need to contact me directly. so, risk is world war 3 and reward is best available investment in a currency and stock index directly exposed to commodities bull/boom/flight cycle. the ideas are mine, the decision is yours! good luck
RUS:MOEX
by FlukeTrading
5
Btc; investment idea and heavy supportsHello everyone As some of you know I use the % wallet strategy and I also like to explain my "layered investments" or Dollar cost average (dca) as some like to call it. Anyway, we are currently holding about 34% crypto. Most of this was bought at 30k, 40k or even lower (1 year ago) but our most recent buys were at 45k zone. This were also alts (some of which are still in good profits: dot, lyxe, waves fully sold) The next zones where I am aiming for are described in the chart. I will be aiming for the 40-42k zone (where everyone aims for) But a heavy buy is also under this at the (red square) 38k zone! Reason is 0.618 fib Ending with the 0.5 fib zone: 35-36k. Also a bigger buy. For now I want to reserve 49% stablecoins for a possible bearish leg, a lot has happened this year.. a lot of whaleplay too. The moneyprinter in the USA keeps printing and the SPX looks dangerously high. For this reason I am not going full bull atm. 51% is already a heavy investment for me. If we go up from one of the zones and if things look more relaxed I will happily invest another 10% of the stablecoins. Also I do not expect to hit zone 35k or even 38k, but who knows :-) we could be lucky! can always invest extra later if we go up from here (45k). We got time enough since we sold 51500 past week and 64k a couple of months ago. Overall.. I am feeling super bullish on crypto, but we simply can not turn a 100% blind eye to the stock markets as they are right now. As we like to say in the south of Holland "Everything beautiful knows an end". (Aan al het moois komt een einde). I believe. Haven't heard this saying for ages hahah. Anyway, don't skip on investing right now but do reserve some funds for the 42k or even 38k zone. Invest heavily and we will probably swim in crypto money in a few weeks. If not: we are all rekt because of stocks; we simply hodl and wait for another 4 years while buying the 25k minus dip with the rest of our 49% stablecoins (or less if we decided to fomo in some more in the coming weeks :-) )
Long
by Bitcoinleverage
$OBLN PT 14Obalon Therapeutics, Inc., a vertically integrated medical device company, focuses on developing and commercializing medical devices to treat people with obesity. The company offers the Obalon Balloon System designed to provide weight loss in patients with obesity. Its Obalon Balloon System comprises of a swallowable capsule that contains an inflatable balloon attached to a microcatheter; the Obalon Navigation System console, which is a combination of hardware and software used to track and display the location of the balloon during placement; the Obalon Touch Inflation Dispenser, which is a semi-automated, hand-held inflation device used to inflate the balloon once it is placed; and a disposable canister filled with mixture of gas. Obalon Therapeutics, Inc. was incorporated in 2008 and is headquartered in Carlsbad, California.
OLong
by UnknownUnicorn19246015
2
Bulletproof Dollar Cost Averaging Investing Explained.Dollar cost averaging. You probably heard about this strategy, but what does it mean in practice? And which type of dollar cost averaging strategy is the best? In practice it means buying Bitcoin, stocks, commodity and so on every week or month at the monday, sunday, at the start of the month or at the end, not caring about the price. You can also choose one random day in a month , when you make your purchase, more about that maybe in another Idea. An example of dollar cost averaging can be found below backtests. In this test I've compared buying Bitcoin at - weekly opens (Monday open) eg. 06 Jan 2020 Average buy price in 2020 - $9,255 - weekly closes (Sunday Close) eg. 12 Jan 2020 Average buy price in 2020 - $9,361 So buying at the weekly close or at weekly open are both a good idea, but buying at open each week has a bigger return of investment than buying on close by 2%. - monthly opens (First day in the month) eg. 01 Jan 2020 Average buy price in 2020 - $9,245 - monthly closes (Last day in the month) eg. 31 Jan 2020 Average buy price in 2020 - $9,827 Here we can see a bigger difference , while buying Bitcoin at open would gave you average price per BTC of $9,245, Buying at close would make your average buy $600 more expensive, 8% smaller yield. To see if this trend also occurs in the last year, I've calculated also a year 2019 with monthly values. It turns out, buying on open is here cheaper again, while buying Open would give an average of $7,022. Buying at close would make average buy of $7,287, small difference but very noticeable in long term. Example I. I am starting to buy Bitcoin for 15% of my gross monthly income (let's say 500$ ) from first january at weekly open starting from 01 January until today . How much would I have today? Average buying price - $9,255 Current Bitcoin price - $13,180 Yield - 13180/9255 = 1,424 = 42,4% Deposits - 42 per $500 = $21,000 in past value Value = 21000 x 1,424= $29,904 in current value Buying this year at open would give a very slight 0,1% increase in yield, so both buying at weekly open or monthly open is a good idea, maybe another time I can cover some random days in a month! This strategy also works for stocks, commodities and etc. IF you like my explanation, let me know by hitting that agree button or support me by some nice comment! Cheers, Tibor.
BITSTAMP:BTCUSDEducation
by TiborVrbovsky
3
XAG USD clear path to 26+Hello traders & analysts, Here is out latest update for Silver . We are bullish and would like to share our out look for the next opportunities which can take place. Now we have hit 21.00 - expect some resistance to occur - why? This is due to the barrier to be broken through. We will now anticipate the next target of 26.00 at 20.5 we closed 200 units to cash in 450pips - great partial take! COT data: Long Short Total %Long %Short Avg_13 62,368 28,887 91,255 69% 31% Avg_20 61,214 26,449 87,663 70% 30% Avg 50 83,059 35,629 118,688 70% 30% Avg_130 84,123 36,227 120,349 70% 30% Technically what has happened? Price was severely undervalued and silver is an important commodity to use for manufacturing sectors. Commodity currencies rely on this as an export factor e.g. CAD, AUD, MXN, ZAR , RUB, NZD. We had a great wedge pattern where we entered on a nice engulfing daily candle which broke to the upside. Price has hit a nice supply zone at 18.3-18.9 zone. The price in this area can reject and retrace which is an option we are looking for; however keep in mind the bullish structure, price has alot of upside potential. If price rejects, we will look for a nice clean break from the zone and hedge. Fundamentals: Coronavirus re-opening of industries and subsequent purchase power of retailers. Fear commodity but less attractive than Gold and platinum. Cheap metal but gains are very high and attractive China vs USA trade war Australia vs China mini trade war. Mexico has large coronavirus numbers but largest producer of silver . Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Thanks, Team Lupa
FOREXCOM:XAGUSDLong
by LupaCapital
BERKSHIRE HATHAWAY(BRK.B) | Long-term Investment "Plan".Hi, Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha. The company is known for its control and leadership by Warren Buffett, who serves as chairman and chief executive, and Charlie Munger, the company's vice-chairman. In the early part of his career at Berkshire, Buffett focused on long-term investments in publicly traded companies, but more recently he has more frequently bought whole companies. Berkshire now owns a diverse range of businesses including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities. According to the Forbes Global 2000 list and formula, Berkshire Hathaway is the third-largest public company in the world, the tenth-largest conglomerate by revenue and the largest financial services company by revenue in the world. As of February 2019, Berkshire is the fifth-largest company in the S&P 500 Index by market capitalization and is famous for having the most expensive share price in history with Class A shares costing around $300,000 each. This is because there has never been a stock split in its Class A shares and Buffett stated in a 1984 letter to shareholders that he does not intend to split the stock. One of the strongest companies in the world has started to reach good buy zones, technically. Yes, those kinds of market situations are scary but remind yourself of your long-term investment strategies! Firstly, do you like sales? Yes, you like sales, then you have to buy when the streets are bloody. It could be risky, actually, it IS risky but still, you have to have a plan! At the moment, I have a plan with Berkshire and it consists of two areas 150-160(1), 110-120(2): 1) Probably, I start to add my positions around $150. There are pretty good criteria which all should act as support levels - different Fibonacci retracement levels, Monthly EMA100, the mid-number itself $150, previously worked support and resistance levels. It should be strong enough for buying a bit for long-term bias in mind. Now it depends on the market, what does it start to show us. If it doesn't show anything, panic continues and Berkshire stock price starts to fall lower, below my first support area, then I don't want to panic sell my shares, I act as Peter Lynch: 2) “If you can’t convince yourself “When I’m down 25 percent, I’m a buyer” and banish forever the fatal thought “When I’m down 25 percent, I’m a seller,” then you’ll never make a decent profit in stocks!” So, I have a long-term vision and investment plan, my research about Berkshire is strong, then those sales are just great opportunities to buy it from lower prices (those purchases have to be technically good!!). As he has said, if the price drops 25% from your initial prices then you are a buyer, not a seller, keep in mind! ...and luckily, exactly 25% (obviously, it doesn't have to exactly 25 percent but hopefully you get that point!) down from my first buying area is another strong support level - Monthly EMA200, long-term Fibonacci retracement 62%, 50% drop from the all-time high, previously worked support and resistance level AND if the SP500 drops to where I see it goes (1500-1700) then it would be a massive criterion for my lower buying zone for Berkshire, ALL IN!! :D "Why can't I wait for this lower buying zone right now?" Yes, you can! ;) As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...SKIP IT!! Regards, Vaido
NYSE:BRK.BLong
by VaidoVeek
4
GBPJPY long!!!this is the process how i find my trades coming down from monthly and mostly break out trades the last few trades didnt go so well due to so many news and gaps in the market but this month we will recover and get back on track. when you want to find MACD breakouts the reference points should be the last divergence that reversed the market the soul strategy comes from VDUB you can check his strategy and channel but i do combine a few methods that ive learned during past 7 years of trading.
Long
by ShayanJZ