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Semirara

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Posts posted by Semirara

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    Whipsaw

    1. A change in a security's price quickly followed by another change in the opposite direction. For example, a security could rise $1 then quickly lose $2, or it could fall 50 cents then rise 75 cents. Whipsaws are significant risks for day traders and speculators who may lose large amounts of money in short-term trading.

     

    2. To buy securities at a market top or to sell at a market bottom. That is, one whipsaws when one buys or sells securities at exactly the worst possible time. One whipsaws out of fear or out of misreading market signals. To whipsaw is also called to chatter.

     

     

    Example of this was PX yesterday!Haha When PX reached 16.2 i was already thinking that it might re test its previous high of 17.Unfortunately,It closed at 15.6.So the day trade was unsuccessful.

  2. Nope,I don't have SCC,ginamit ko semirara as my nick kasi ang galing ng stock na yan diba?For reading charts,you might want to attend seminars on technical analysis(ex.absolute traders,personal mentors) but there are a lot of people who are better chart readers than me since i just use the basic patterns as my guide.On my portfolio i have SM,ACR,GMAP,very tiny positions on the following;PO,ALPHA,CEI . I sold my PX a while ago at 10.6 i got in yesterday at 9.82.

     

     

  3. are you a technical trader? or more of a fundamentalist?

     

    I still could not read price charts, hence I could not do swing trading. :lol:

     

    I currently have ORE, SMPH, EDC, FPH, SFI, and DGTL in my portfolio. pang-small time lang though..hehehe

     

     

    I like the chart of FPH parang mag re test sa high if not tumuloy pa.DGTL and SMPH is currently moving sideways.ORE should have continued sana if malakas siya eh.It's just my personal opinion lang.Haha goodluck.

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