The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Why (Happy) People Cheat?
Trading Journal  - Page 4 EmptyToday at 9:39 am by කිත්සිරි ද සිල්වා

» Gota's Era
Trading Journal  - Page 4 EmptyToday at 9:32 am by කිත්සිරි ද සිල්වා

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
Trading Journal  - Page 4 EmptyToday at 9:29 am by The Alchemist

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
Trading Journal  - Page 4 EmptyYesterday at 7:10 pm by hammurabi

» රතු වැටෙනකොට
Trading Journal  - Page 4 EmptyYesterday at 2:59 pm by කිත්සිරි ද සිල්වා

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
Trading Journal  - Page 4 EmptyYesterday at 2:57 pm by Backstage

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
Trading Journal  - Page 4 EmptyYesterday at 11:18 am by The Invisible

» Equation of Happiness Solved
Trading Journal  - Page 4 EmptyTue Dec 10, 2019 5:23 pm by Backstage

» How to get Access to: 104 Technical trading experiments by HUNTER
Trading Journal  - Page 4 EmptyTue Dec 10, 2019 4:19 pm by HUNTER

» තැරැව්කාර සමාගමකට එරෙහිව කොටස් වෙළෙඳපොළ විනය ක්‍රියාමාර්ග ගනී
Trading Journal  - Page 4 EmptyTue Dec 10, 2019 12:31 pm by Rana

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Trading Journal  - Page 4 EmptyMon Dec 09, 2019 6:41 pm by soileconomy

» East West properties
Trading Journal  - Page 4 EmptyMon Dec 09, 2019 10:01 am by LSE

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Trading Journal  - Page 4 EmptySun Dec 08, 2019 11:07 pm by spw19721

» MHDL Millennium Housing
Trading Journal  - Page 4 EmptySat Dec 07, 2019 12:35 pm by pure equity

» පොළී මුදලාලිලාට බලපත්‍ර ක්‍රමයක් හඳුන්වා දෙන්න තීරණයක්
Trading Journal  - Page 4 EmptyFri Dec 06, 2019 11:33 pm by Backstage

» Dividend Announcement
Trading Journal  - Page 4 EmptyFri Dec 06, 2019 10:10 pm by subash

» Colombo US Embassy Air Pollution
Trading Journal  - Page 4 EmptyFri Dec 06, 2019 11:20 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Trading Journal  - Page 4 EmptyFri Dec 06, 2019 5:24 am by soileconomy

» SINHAPUTHRA FINANCE PLC (SFL.N0000)
Trading Journal  - Page 4 EmptyThu Dec 05, 2019 9:26 pm by The Invisible

» Land & Property sector chart
Trading Journal  - Page 4 EmptyThu Dec 05, 2019 6:27 am by dhanurrox

» සිමෙන්ති මිල පහළට
Trading Journal  - Page 4 EmptyWed Dec 04, 2019 7:05 pm by nihal123

» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
Trading Journal  - Page 4 EmptyWed Dec 04, 2019 7:04 pm by nihal123

» පාස්කු ප්‍රහාරයෙන් පසු වැඩිම සංචාරක පැමිණීම නොවැම්බරයේ දී
Trading Journal  - Page 4 EmptyWed Dec 04, 2019 7:02 pm by nihal123

» Flying is the Safest mode of Transport
Trading Journal  - Page 4 EmptyWed Dec 04, 2019 10:37 am by කිත්සිරි ද සිල්වා

» OSEA .N
Trading Journal  - Page 4 EmptyTue Dec 03, 2019 3:36 pm by dakzsl

» LIOC.N0000 (Lanka IOC PLC)
Trading Journal  - Page 4 EmptyTue Dec 03, 2019 11:39 am by LSE

» Hayleys MGT
Trading Journal  - Page 4 EmptyTue Dec 03, 2019 10:10 am by The Invisible

» Sri Lanka insurer regulatory capital drop with new accounting rules
Trading Journal  - Page 4 EmptyTue Dec 03, 2019 9:19 am by The Invisible

» Thread for News on CSE and SL Economy
Trading Journal  - Page 4 EmptyTue Dec 03, 2019 9:18 am by The Invisible

» Lanka Tiles
Trading Journal  - Page 4 EmptySun Dec 01, 2019 8:43 pm by soileconomy

» ACL Cables
Trading Journal  - Page 4 EmptyFri Nov 29, 2019 11:12 am by The Invisible

» RENUKA AGRI FOODS PLC ( RAL.N0000 )
Trading Journal  - Page 4 EmptyThu Nov 28, 2019 6:04 am by sureshot

» SEYB.N0000 ( SEYLAN BANK PLC )
Trading Journal  - Page 4 EmptyThu Nov 28, 2019 4:17 am by soileconomy

» Thought for the day...
Trading Journal  - Page 4 EmptyTue Nov 26, 2019 7:40 pm by share1

» An Attitude Adjustment
Trading Journal  - Page 4 EmptyTue Nov 26, 2019 12:36 pm by Backstage

» මහ බැංකු අධිපති ධූරයෙන් ඉවත් වෙයි
Trading Journal  - Page 4 EmptyTue Nov 26, 2019 11:00 am by The Invisible

» Sri Lanka cement production picks up
Trading Journal  - Page 4 EmptyTue Nov 26, 2019 9:22 am by Topcat

» Thread for News on Local and Foreign Politics
Trading Journal  - Page 4 EmptyTue Nov 26, 2019 7:04 am by The Invisible

» SEC Chief says ready to hand over baton
Trading Journal  - Page 4 EmptyMon Nov 25, 2019 8:12 pm by ruwan326

» Technology~විද්‍යාව ~ Wisdom
Trading Journal  - Page 4 EmptyMon Nov 25, 2019 8:36 am by ruwan326

» The Theatre | Best movies to Watch
Trading Journal  - Page 4 EmptySun Nov 24, 2019 5:18 pm by spw19721

» SHL.N0000 (Softlogic Holdings PLC)
Trading Journal  - Page 4 EmptySun Nov 24, 2019 9:44 am by The Invisible

» An individual in pursuit of a porcupine found dead in a burrow
Trading Journal  - Page 4 EmptyThu Nov 21, 2019 11:41 am by Backstage

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Trading Journal  - Page 4 EmptyThu Nov 21, 2019 7:51 am by ruwan326

» APLA.N0000 (ACL PLASTICS PLC)
Trading Journal  - Page 4 EmptyWed Nov 20, 2019 11:03 pm by nesta

» භාරකාර ආණ්ඩුවක් හෙට
Trading Journal  - Page 4 EmptyWed Nov 20, 2019 7:19 pm by nihal123

» ඇඟට නොදැනී ප්‍රතිඋත්තර දෙන හැටි
Trading Journal  - Page 4 EmptyWed Nov 20, 2019 9:28 am by ruwan326

» මගේ කියවීම ...
Trading Journal  - Page 4 EmptyWed Nov 20, 2019 8:28 am by yellow knife

» How the silence on this !
Trading Journal  - Page 4 EmptyTue Nov 19, 2019 5:40 pm by Backstage

» ප්‍රතිඵලේ මොකක් උනත් ජ්යෝතිෂය සත්‍ය වෙන හැටි දැක්කද?
Trading Journal  - Page 4 EmptyMon Nov 18, 2019 9:15 am by ruwan326

December 2019
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
293031    

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Trading Journal

Page 4 of 6 Previous  1, 2, 3, 4, 5, 6  Next

Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by 007 on Wed Sep 21, 2016 9:04 pm

good to see u here Xmart Very Happy
I am a good learner but when its comes to teaching i am not really .thats why most of the time i just post the book but unfortunately TRADE LIKE A STOCK MARKET WIZARD is not available in digital version if someone interested can by it from ebay,amazon cost around 20-30 dollars its really worth the money if you unsatisfied dont ask the refund from me Very Happy

thanks path for the link whatever you read there is true thats the strategy let me tell this in a simple form. i search growth stock that capable of giving earning surprise by using fundamental analysis then time the timing by using technical analysis thats all
.but we have to use appropriate tool to get better result especially some indicates have to be avoided in fundamental analysis p/e should be avoided i hope all fundamentalist will accept this. in technical RSI shoud be avoided MACD can be avoided because this indicators will mislead. in the appropriate list
fundamental analysis -qualitative and quantitative both needed
technical analysis -The Volatility Contraction very important indicator,Moving average,cup with handle are useful tools

How to Time Your Trade with Pinpoint Accuracy - The Volatility Contraction (VCP) Pattern

Most investors cannot resist the urge to buy stocks at the wrong time, usually when the price is declining. I’m constantly asked whether I like this stock or that stock, and 99 percent of the time my reply is, “I wouldn’t buy it here.” The reason for this is that I have a strict discipline that only allows me to buy at a very specific point: the point at which reward outweighs risk.

How do I identify this point?

If there is any one commonality or Holy Grail that I follow and practice regularly, it is the concept of volatility contraction. This is a key distinction that I look for in almost every trade I make. A common characteristic of virtually all constructive price structures (those under accumulation) is a contraction of volatility accompanied by specific areas in the base structure where volume contracts significantly.

The main role that VCP plays is establishing a precise entry point at the line of least resistance. In virtually all the chart patterns I rely on, I’m looking for volatility to contract from left to right. I want to see the stock move from greater volatility on the left side of the price base to lesser volatility on the right side.

The Contraction Count

During a VCP, you will generally see a succession of anywhere from two to six contractions, with the stock coming off initially by, say, 25 percent from its absolute high to its low. Then the stock rallies a bit, and then it sells off 15 percent. Then buyers come back in, and the price goes up some more,and finally it retreats 8 percent. The progressive reduction in price volatility, which will be accompanied by a reduction in volume at particular points, eventually signifies that the base has been completed
i extract this information from this link
http://www.minervini.com/blog/index.php/blog/how_to_time_your_trade_with_pinpoint_accuracy_the_volatility_contraction_vc

007
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by 007 on Wed Sep 21, 2016 9:06 pm

https://goo.gl/images/K1GTPE
finding difficulties in uploading the image refer the link to understand VCP
007
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by 007 on Wed Sep 21, 2016 9:23 pm

A BIOGRAPHY WORTH READING
Mark Minervini is one of America's most successful stock traders; a veteran of Wall Street for nearly 30 years. To demonstrate the capabilities of his SEPA® methodology, in 1997, Minervini put up $250,000 of his own money and entered the U.S. Investing Championship. Trading against stock, futures and options traders, he traded a long only stock portfolio to win the real-money investment derby with a 155% annual return, a performance that was nearly double the next nearest competing money manager.

Minervini is featured in Jack Schwager's Stock Market Wizards; Conversations with America's Top Stock Traders. Schwager wrote: "Minervini's performance has been nothing short of astounding. Most traders and money managers would be delighted to have Minervini's worst year – a 128 percent gain – as their best."

Using his SEPA® trading strategy, in a five-and-a-half-year period Minervini generated a 220 percent average annual return with only one losing quarter. To put that in perspective, a $100,000 account would explode to over $30 million with those returns.

Minervini educates traders about his SEPA® trading methodology through a service he launched is 2006 called Minervini Private Access, a streaming communication platform that allows users the unique experience of trading side-by-side with Minervini in real-time. He also conducts an annual Master Trader Program seminar providing education about his trading methodology in a powerful 2-day weekend event. In his spare time, Minervini enjoys playing the drums, boxing, poker and cooking.

Mark Minervini traded his first stock in 1983 when he invested in a few hundred shares of Allis Chalmer, a seller of tractors and forklifts. Soon after, he became familiar with the work of Richard Love, author of the book Superpeformance Stocks. Love's book had a profound influence on Minervini's professional and philosophical views on investing and the formulation of his own investment strategy.

It was Minervini's initial intention to simply support himself from his trading profits, but his well-timed investment decisions increased his wealth dramatically each year, as well as the popularity of his opinion. After a decade of studying and trading the U.S. stock market, Minervini founded Quantech Research Group, Inc., an institutional research firm, in 1993.

By his early thirties, Minervini was at the helm as President of a leading institutional research firm in New York City, advising hedge funds and institutional investors in the U.S. and around the world. During this period, he also kept a demanding schedule of regular television appearances on CNBC, CNN, Bloomberg Television and Fox News.

Minervini made available for a fee, to institutional investors, his in-house research based on his methodology Specific Entry Point Analysis® - SEPA®. Clients paid as much as $10,000 per month for Minervini's highly guarded stock recommendations; his clients included the heavy hitters of Wall Street's hedge funds.


In May of 2004, BusinessWeek wrote, Minervini "sells what's often considered the holy-grail in investing."

In 1998, Minervini publicly voiced two back-to-back market calls, which shortly after propelled him into the media spotlight. On the August 28, 1998 Cavuto Business Show – Fox News Network, Minervini discussed the statistical similarities between the market then and the market on the Friday before the "Black Monday" crash of 1987, in which the Dow Jones Industrial Average declined 508 points in a single day. The Monday following Minervini's appearance (the very next trading day), the Dow Jones Industrials fell 512 points.

One month later, Minervini turned very bullish. In a September 28, 1998 profile titled "Trust the Computer," Barron's wrote: "Minervini was still bearish on the market until last week, when he did an about-face and turned raging bull." He recommended, among other stocks, Yahoo, Broadcom, Network Appliances and Abercrombie & Fitch, all of which went on to score spectacular gains as the stock market entered a new spectacular bull phase.

Twenty months later, Minervini turned decidedly bearish. On May 30, 2000 on CNN, Minervini said that the NASDAQ had entered a bear market and that the bear market would continue. He explained: "Oracle, EMC, Cisco, and Nokia – some of these favorite big-cap NASDAQ stocks that have been holding up quite well – they're going to give way now, and that's really going to unsettle investors."

Minervini previously had called for a steep decline in the Internet/dot.com sector on the same network on March 30, 2000. These comments where contrary to what most of the experts were saying at the time. During the March 30 CNN interview, Minervini said: "Many of these (Internet) stocks are going to go down between fifty and as much as eighty percent and some will go the way of Dr. Koop (bankruptcy)."

Twenty-eight months after his bearish market call the NASDAQ Composite Index was down sixty-five percent, while Oracle, EMC, Cisco and Nokia were down an average of eighty-three percent. Minervini had avoided one of the most devastating bear market declines in stock market history by protecting his personal portfolio and locking in his gains by going to cash before the decline hit. With the exception of a few well-timed short trades, Minervini sat idle in cash through what was nearly a three-year bear market before returning to the stock market on the long side.

On May 10, 2004, BusinessWeek reported: "Jan. 9 Minervini bought Taser (TASR/NASDAQ), a company that makes Taser guns – nonlethal weapons for police departments. He spotted its potential using his proprietary methodology, "Specific Entry Point Analysis" (SEPA); he then rode the stock up 121% in only six weeks.

In May of 2010, Minervini once again provided a bold prediction about the market conditions deteriorating as the DJIA was down about 250 points - and called for a potential 1,000 point decline in the DJIA – which is exactly what occurred within the next hour during the "Flash Crash" that day.

Minervini's most recent bullish market call was on January 3, 2012 - the S&P 500 went on to rally 44 consecutive days without as much as a 1% down day.
http://minervini.com/bio.php

do you belive this guy is a school drop out he left the school at the age of 15

champions arent made in gyms .champions are made from something deep inside them-a desire,a dream ,a vision
-muhammad alli
007
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by 007 on Wed Sep 21, 2016 9:32 pm

Yin-Yang wrote:I thank all for the inputs in the discussion.

This is not my thread, but urged to put together few things discussed in order to avoid certain possible confusion regarding some terms.

007 and others have mentioned the following terms.

Wave 1,2 .....
Phase 1,2,....
Stage 1,2,....

Apparently, Wave refers to Elliott's technical set up.

007 has used Phase and Stage to refer to some  business cycle.


Agreed?


I would like to revisit the mechanism 007 has tried to explain as follows.


This method has two stage;

1) Share screening stage
2) Executing buy/sell order stage


1) Share screening stage, deploy some fundamental analysis and similar methods to identify which Phase the share/business is in.

There are four phases considered;
1) Initial phase: before the share price start ascending
2) Second phase: share price has started going up
3) Share price is declining
4) Share price has gone down and ranging

Agreed?

The idea of Stage-1 is to screen shares in the beginning of phase-2.

Agreed?



2) Executing buy/sell order stage
Here, once the share is screened in, use some TA to find the best time and price to buy and sell.

Usually, the standard approach to buy is to look for the break out of a certain price level.

Those who use Elliott's try to find the breakout level from wave -1.

Now the Elliott talks of 5 waves ++.


The original problem 007 had [before all this mix up of waves, phases and stages] was the gain obtained by using the breakout from wave-1 level was too small for many shares.

Agreed?

Now what I was suggesting, was, there could exist better ways to find better buy and sell methods using Elliott's wave theory [to achieve longer gains].

Yeah ?












yes there is some confusion as i am not using the elliot wave i dont worry about 5 wave and longest 3rd wave there are some stocks capable of forming longer 3rd wave but that is not my concern what i worried is longer 2 nd stage the advancing stage
if u know better way to capture the trend please explain me
007
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by xmart on Wed Sep 21, 2016 10:39 pm

good reading pal +++

thanks. as i understood he has developed a system to screen stocks and identify stocks in early bullish phase. and charge 499$ per month.

hope the model suitable for CSE with at least of accuracy 60%. if possible share some reading materials about his method, would like to study further.

thanks again
xmart
xmart
Top contributor
Top contributor

Posts : 728
Join date : 2015-01-17

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by 007 on Thu Sep 22, 2016 8:09 am

Yes he charging money for training,live interaction,to access his analysis and to view his trades online but I don't think it's a good idea to go for it he operating in America and we are in sri Lanka if you are interested buy a book around 30$

When I use CAN SLIM accuracy is above 90% in bull market as a newcomer I am also doubted like u but by experience I understand all around the world markets are same only difference is the people. in bear market batting rate(success rate) will come below 50% it's not mean you can't make money .by making small changes to strategy you can still make reasonable profit
007
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by 007 on Thu Sep 22, 2016 8:14 am

What i find interesting is this guy never use sort selling applying the same strategy even in the bear market but with causion this guy is a clear hedgehog
007
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by Yin-Yang on Thu Sep 22, 2016 9:45 am

007 wrote:
+
+
+

yes there is some confusion as i am not using the elliot wave i dont worry about 5 wave and longest 3rd wave there are some stocks capable of forming longer 3rd wave but that is not my concern what i worried is longer 2 nd stage the advancing stage
if u know better way to capture the trend please explain me

Since you have built some belief towards one method, I do not want to disrupt it since the outcome could be counterproductive.

But I invite you to do a collective trial if you are interested.

This is what we can do;

Use your screening methods and identify about 5 shares.
Optionally, you can suggest your planned levels to buy and sell.

Then I will suggest what levels to buy and what levels to sell.


In that way, you will get to know what I have hinted without disturbing your existing believes.

If you like the idea, go ahead and com up with your 5 counters; Then I will come up with my suggestions.

Agreed?



Yin-Yang
Yin-Yang

Posts : 1269
Join date : 2016-03-12

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by 007 on Thu Sep 22, 2016 7:40 pm

dear yin yang nowadays i am confidence on my strategy even if u show me a method to capture full trend i am not going to change my strategy at the time being .strategy is developed by combining appropriate TA with fundas +sustainability+risk management
all are tailored to give ultimate result

In buying point there are other problems to consider
specially the speed of appreciation and risk involved in the entry point

 if you know CAN SLIM you can put that in action SEPA is not much differ from can slim.any how this time i am scanning all 240 share to identify the growth stock that falling under my category its a long tired some work start almost a month ago still ragging finally sort them to 33 but it can slim further

i name some growth stock capable of giving earning surprise as i already know
BLI,PARQ are still under my rader
TJL
APLA,ACL
HNB,SAMP
TKYO
GRAN
CCS

as i dont trust the stocks watch for any fundamental and technical changes any thing will happen in the journey keep a leg at accelerator keep the another one at break
watch full for changes. In the technical to be honest i am learning new tactics at SEPA and most of the techniques like todays totalturnover calculation needs to be executed instantly i dont think i can tell them in advance for that i think i needs to create a live private access just like mark minervini can charge around 400$ Very Happy

what about a discussion on how to identify potential growth stock as well as value stock any one thinking value stock can beat growth stock

even the legendary investor warren buffet change the style from value to growth made big success just after the change


smart people learn from experience but real
smart people learn from others experience
-007
007
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by Yin-Yang on Thu Sep 22, 2016 8:05 pm

007,

Thanks for putting forward your list.

As I see, almost all of them can be considered as very 'safe' and having potential for 'growth' in coming quarters and years.

Coming up with the above list, I should comment, is a very good job done by you.

Anyway, from my point of view; to boil down to that list, we do not necessarily need CANSLIM or SEPA; just some common sense and some market experience will also jolly well do so.

[Now, that is my personal view only. Using a systematic method such as CANSLIM will boost the confidence on the list and that is perfectly acceptable.]


You have mentioned the following also;

|||| i am confidence on my strategy even if u show me a method to capture full trend i am not going to change my strategy at the time being ||||

if so, do we really need to discuss further on buying/selling levels for the shares you have mentioned?

Or should we just leave them aside for the time being.

If it is not going to be useful for anyone, we better not spend our time on it.

In that case, I believe starting a new thread to discuss the following will be more useful.

|||what about a discussion on how to identify potential growth stock as well as value stock any one thinking value stock can beat growth stock||||

Shall we just do that ?

Yin-Yang
Yin-Yang

Posts : 1269
Join date : 2016-03-12

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by කිත්සිරි ද සිල්වා on Thu Sep 22, 2016 9:37 pm

pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  pirat  affraid  affraid  
Yin-Yang wrote:what about a discussion on how to identify potential growth stock as well as value stock any one thinking value stock can beat growth stock||||

Shall we just do that ?


_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 8152
Join date : 2014-02-23
Age : 61
Location : රජ්ගම

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by Backstage on Thu Sep 22, 2016 10:25 pm

Very interesting even though the TA stuff is over my head. Thanks guys, keep it rolling.
Backstage
Backstage
Top contributor
Top contributor

Posts : 3574
Join date : 2014-02-24

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by yellow knife on Fri Sep 23, 2016 7:34 am

Thanks 007

Ying Yang you are like a coach... A coach shows directions and often put challenging situation for the practitioner...

i name some growth stock capable of giving earning surprise as i already know
BLI,PARQ are still under my rader
TJL
APLA,ACL
HNB,SAMP
TKYO
GRAN
CCS

Ok 007

These are the stocks selected by Norwegian Petroleum Fund..

1.Sri Lanka: Access Engineering PLC

2.Sri Lanka: Central Finance Co PLC/Sri Lanka

3.Sri Lanka: Commercial Bank of Ceylon PLC

4.Sri Lanka: Dialog Axiata PLC

5.Sri Lanka: Distilleries Co of Sri Lanka PLC

6.Sri Lanka: Hatton National Bank PLC

7.Sri Lanka: John Keells Holdings PLC

8.Sri Lanka: People's Leasing & Finance PLC

9.Sri Lanka: Piramal Glass Ceylon PLC

10.Sri Lanka: Sampath Bank PLC

11.Sri Lanka: Textured Jersey Lanka PLC

12.Sri Lanka: Tokyo Cement Co Lanka PLC



So some shares mentioned by are also selected by the biggest fund...

https://forum.lankaninvestor.com/t3164-what-a-portfolio?highlight=what+a+portfolio

yellow knife
Top contributor
Top contributor

Posts : 6540
Join date : 2014-03-27

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by First Guy on Fri Sep 23, 2016 7:48 am

Good going all. As for some of the 'growth' stocks 007 mentioned, I view some as value stocks.

YK, look at the list you gave and read this thread
https://forum.lankaninvestor.com/t8677-portfolio-size-vs-return-agree

Because of the size, the fund has to invest in large companies. But as retail investors, we have more options in smaller companies that have the potential to give higher returns.
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by කිත්සිරි ද සිල්වා on Fri Sep 23, 2016 8:03 am

Not a bad guessing ! Very Happy
(6 out of 12).

_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 8152
Join date : 2014-02-23
Age : 61
Location : රජ්ගම

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by yellow knife on Fri Sep 23, 2016 8:10 am

First Guy wrote:Good going all. As for some of the 'growth' stocks 007 mentioned, I view some as value stocks.

YK, look at the list you gave and read this thread
https://forum.lankaninvestor.com/t8677-portfolio-size-vs-return-agree

Because of the size, the fund has to invest in large companies. But as retail investors, we have more options in smaller companies that have the potential to give higher returns.


Agree with you

Large funds consider higher liquidity as well where we buy REXP, CIND, which are not that much liquid but giving good return...

yellow knife
Top contributor
Top contributor

Posts : 6540
Join date : 2014-03-27

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by xmart on Fri Sep 23, 2016 9:20 am

Wow.. we are going deeper then!

yes YK, YY is guiding the discussion very nicely. i was reading whole discussion but didn't have time lately to reply. but couldn't resist to post a quick one at least.

Since the discussion is deviating from original Elliot discussion and spreading its leg to far dimension i believe it deserve a separate thread.

anyway, large funds focus on stability and liquidity. but as retailers we have more freedom and we should use that freedom to beat fund managers.

thanks

xmart
xmart
Top contributor
Top contributor

Posts : 728
Join date : 2015-01-17

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by yellow knife on Fri Sep 23, 2016 12:36 pm

Yeah.. Thanks for the reminder Xmart

Can some TA do an Eliot Wave analysis and say what is the stage of REXP, CIND , PARQ, BFL etc...

yellow knife
Top contributor
Top contributor

Posts : 6540
Join date : 2014-03-27

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by Yin-Yang on Fri Sep 23, 2016 1:51 pm

Looks like someone is involved with few companies big time.

One person in top 20 of few of the above is Mr. SR Fernando and members know who he is.


Usually, we mention the most important one [counter] to us first.

So, who else is there in top 20 of the first counter mentioned ?

Yin-Yang
Yin-Yang

Posts : 1269
Join date : 2016-03-12

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by Yin-Yang on Fri Sep 23, 2016 2:04 pm

I can pinpoint the name with 50% accuracy.

If one question is answered, 50% will be 99%.

Usually, librarians like round numbers or odd numbers?

Yin-Yang
Yin-Yang

Posts : 1269
Join date : 2016-03-12

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by 007 on Fri Sep 23, 2016 2:41 pm

Thanks all for contribution I am 100% agreed with FG' s theory mutual fund or big institutional investors don't have the luxury of instant buying or selling they need to collect slowly .they can't play with each and every company because of liquidity problem. In case of liquidity I am thinking the inverse less the number of shares better to buy because according to supply and demand theory lower supply means faster price appreciation

Even in usa people are pulling money from mutual funds and investing in index fund then think about the situation of big mutual funds
007
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by 007 on Fri Sep 23, 2016 2:49 pm

Yes yin yang
By experience also people can gain the knowledge and expertise specially I know a person who is capable of handling each and every STOCK presented in cse and his technique are not restricted to one strategy who also try hard to educate people for last 6 years. He really inspired me to share the little knowledge I got
007
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by Yin-Yang on Fri Sep 23, 2016 3:12 pm

Some successful way of handling shares in the long run is to consider them as different persons.

When you associate long enough, you will build an idea of how a person would behave and react.

You would know which person might scream at a sight of a cockroach and which person would catch the snake by head.

In that way, an HR manager may learn faster how to handle a share than an account or a mathematician.

The key is to be with the person [stock] long enough during good as well as bad times.


Of course, by looking at his CV and educational certificates also we can judge how he would behave.

[which is preferred by many analysts]
Yin-Yang
Yin-Yang

Posts : 1269
Join date : 2016-03-12

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by yellow knife on Fri Sep 23, 2016 4:46 pm

Yin-Yang wrote:Looks like someone is involved with few companies big time.

One person in top 20 of few of the above is Mr. SR Fernando and members know who he is.


Usually, we mention the most important one [counter] to us first.

So, who else is there in top 20 of the first counter mentioned ?



The factor I am interested is not who is in the top twenty lists but these companies grew faster and has potential to grow further.. Yet these showed clear phases of growths ... So I like to know the waves and wether such waves fall in line with Elliot Waves...

 ( I will appear as Yellow Knife for another ten years in cyber world until I use my real identity like Kithsiri..)

yellow knife
Top contributor
Top contributor

Posts : 6540
Join date : 2014-03-27

Back to top Go down

Trading Journal  - Page 4 Empty Re: Trading Journal

Post by Backstage on Fri Sep 23, 2016 5:13 pm

Now this is getting exciting as well, with Elliot spreading legs an all. Cool
Backstage
Backstage
Top contributor
Top contributor

Posts : 3574
Join date : 2014-02-24

Back to top Go down

Page 4 of 6 Previous  1, 2, 3, 4, 5, 6  Next

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum