The Cost to Fill ‘er Up in Beijing | Home | Getting to that SWaNee Shore

April 2, 2008


Nice Trade Set-up for April 2

Subscribers received this lovely “with the trend” set-up for April 2. Want to know what stock it is? Subscribe today! (Sadly I am not above this kind of cheap come-on, lol.)

right click nice try lol

This entry was posted on Wednesday, April 2nd, 2008 at 7:20 am (utc+8) and is filed under The_Box.

14 Responses to “Nice Trade Set-up for April 2”

  1. GWB said:
    April 2nd, 2008 at 7:49 am

    I know.. I know.. that’s BSC

  2. C. Maoxian said:
    April 2nd, 2008 at 8:08 am

    GWB: Yes, a month ago, lol.

  3. Johnson said:
    April 2nd, 2008 at 8:14 am

    I do know - its one of my xxxxxxxxxx stocks - XX!

  4. C. Maoxian said:
    April 2nd, 2008 at 8:25 am

    Johnson: Correct, but I’ve had to edit your post in the interest of my marketing campaign. :-)

  5. pinoytrader said:
    April 2nd, 2008 at 4:37 pm

    I just saw this stock and its compadres within the group all look the same…the range of that pivot candle might be tough to swallow

  6. C. Maoxian said:
    April 2nd, 2008 at 5:11 pm

    pinoy: Yes, it’s an ~8.92% initial stop, but since we size all our positions to have equal dollar risk it doesn’t matter.

    The thing that most people don’t think about is this: does the minimum expected reward justify the maximum expected risk? I wouldn’t suggest this, or any, trade if it didn’t meet that standard.

  7. pinoytrader said:
    April 2nd, 2008 at 9:33 pm

    Thanks for the clarification Chairman. I did realize that the risk will be normalized across all positions in a portfolio by using fix amount/percent for each position. I was just wondering if you come across two almost identical set-up with equal R expectancy, would you use the Range (size of the risk) to filter one over the other.

  8. C. Maoxian said:
    April 2nd, 2008 at 10:40 pm

    pinoy: No, if they were both with the trend then I’d suggest taking both. I don’t think I’ve ever seen a case of almost identical set-ups … price swings are pretty unique when you quantify them in a nitty gritty way.

  9. paul said:
    April 2nd, 2008 at 10:53 pm

    went in at 102.95 100shs at a time zig up, zig down another 100 - 5 times up to 106.54 - will finish the remaining 500 @ entry and my pullout will be my average cost….thanks

  10. C. Maoxian said:
    April 2nd, 2008 at 11:12 pm

    paul: You’re not following the program, but then again nobody ever does. :-)

  11. paul said:
    April 2nd, 2008 at 11:58 pm

    I hade a feeling watching the tape, gota follow feelings - in any event I’m up quite a a bit - and I’ve paid for my subscription for 100 months….

  12. paul said:
    April 3rd, 2008 at 1:18 am

    Thanks, as I am a day trader layer in and layer out with trailing stops -I’m out - I could never hold a position overnight - without losing - overnight 3 to 1 losers over gainers. I do have long term positions and long term options that I don’t touch. - Thanks again I’m out with owing you 85 months…ha ha

  13. hp said:
    April 3rd, 2008 at 10:23 am

    paul: what is your system that is making so much profit with just one of the trade ideas?
    I suggest you work with CM and start another subscription service.

  14. C. Maoxian said:
    April 3rd, 2008 at 10:31 am

    @paul: Interesting that you’re using the swing-trading ideas as a starting point for your day trades.

    @hp: We don’t know how much Paul had at risk to make that $1700. Remember it’s all about balancing risk and reward.

Post your opinion