Saturday, October 25, 2014

The Rise of Super Basuras : Thoughts, Confessions, Warnings



Before you continue reading, If you have AR, IS or any 3rd liner stock that you have or are planning to buy, then this post is for you. If you don't play 3rd liners, then you better waste your time somewhere else.

Thank you!



A lot of people have been asking me if I have IS or AR. Or if I knew what was happening to these two and why. And I'm sure there are a lot of Rumors and "Facts" and crazy Target Prices circling around the internet. But to answer all those PM's , DM's and future M's, I would like to say: "I have no idea." 

Allow me to explain.

A few months ago, I started to keep my distance from forums, social media groups, and even my buddies relating to stocks. I know that feeling of chasing stocks and wanting to know what's going on. But I'd like to tell you right now that knowing the rumors or even the facts don't really help much - even if those are 1st hand facts!




Oh please tell me more about those "FACTS"


And there's a very good reason why the experts call it "Market Noise." 


In my years of trading, I have lost more money by listening and putting my faith and hope to these rumors and facts than me 'dart-boarding' 3rd liners. And that, my dear readers and students, is a fact. Everybody starts as noobs. But not everybody grows to be traders. (or *ahem* professional Basureros)


No matter how you look at it, when Playing with Basuras, It's BURN or BE BURNED


Now before I proceed any further, I would just like to set the record straight, I am not endorsing these stocks. Although in a way, I am. But you get the point right? Before you enter into the trade, do your homework. Don't copy. And don't say crap like "But my plan is to follow YOUR plan!" Because when that plan fails and things go sour, you'd most probably play the blame game. But in reality, the only one that deserves that blame is you.


Unless of course your "Guru" pressed that darned Buy button for you!


"Oooooops."


Am I being too emotional?


Here's a little chick from the farm to send you good vibes.



"nawwwww"


Alright, now let's get into those charts.


AR

 Now, you've probably seen and heard of the common TP's and charts, so I present to you a "what if" the current 52 week high ( .0086) and the psychological .01 get's broken scenario, then what? There are probably a lot of resistances after .01 but the boss of resistances after that is at .013

Again, only consider this scenario possible when the current 52 week high gets broken.

AR 10-Year Monthly Chart

I'm not really a fan of patatas stocks. I got burned a lot of times because of listening to this "Guru" and his Anointed Ones. But I'm thankful for his existence - And to all the other "Gurus" and Backstabbers. For I survived and learned how to smell sh!t and propaganda from a mile away. 


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IS

IS 3 Month Daily Chart

I hate to explain things over and over again. So I'll just leave this link here.
http://zeefreaks.blogspot.com/2012/10/apm-rise-of-borg.html


I would just like to add: when a stock breaks it's ATH (All Time High) , there are NO exact TPs (Target Prices). Those are just illusions. Like experiencing and chasing after a mirage in the middle of a desert or some god-forsaken place.






I had a good chat with a friend who had IS and told me that he sold his shares at 0.5 because apparently, his tipster told him that the dear 'Jocks' had set the TP and run until 0.5 only.

He was so happy his 0.5 GTC sell got hit.

Dear friend, if you are reading this I do hope you don't skin your tipster alive this coming Monday.




"SHHHTAAAP!" 

So don't set TPs. Just don't. 
Set TSs (Trailing Stops) instead.


Folks, just remember that by the end of the day, no matter how crappy or fundamentally sound the stock, it is emotions that drive the price, quantified and simplified into those little cute things you call candlesticks.



If you're wondering how my port is doing after a long hiatus:


(Click Image to Enlarge)


And btw, I made a quiz just for fun and in connection to my last blogpost. Which Trader Alignment do you have?

Click here to take the test.


Have Fun!




Friday, September 5, 2014

The 9 Alignments of Traders



Too lazy to make an introduction. 
As the title suggests.... oh just read the title will ya? 


Alright, let's start: 


# 1

These guys are everywhere. In forums and other social media. Sometimes you just wonder if their kindness is for real or not. But be wary though, not all of them are good for you. While most of them have a good heart, only a few actually know what they are doing.

AKA Gurus, Master Ginyos.



LAWFUL GOOD
"Bring enlightenment to all traders, I come."


____________________________________________________

# 2

You should definitely get a few of these people as allies. They love spreading truth and honest to goodness analysis - no matter how bad it is. They practically do the homework you're supposed to do.



NEUTRAL GOOD
"Fear not uninformed citizen! I shall impart my 
knowledge of the good and evil of the company."



____________________________________________________


# 3

This is the majority of the people you meet. They want to profit as much as you do and they want it now! They party together, cry together, be 'ipit' together. Oh you know what I mean. 

Hanging out with these groups for longer periods can be dangerous to your trading style. So 'hang' in moderation.



CHAOTIC GOOD
"Together we shall draw the charts 
and make everybody happy hearts."


____________________________________________________


# 4

This group of traders are usually the lonely, misunderstood players in the markets. Slow, boring, and tend to explain things in a very technical way - as if listening to some mysterious ancient  language.



LAWFUL NEUTRAL
"The only Friend i have is the Trend."


____________________________________________________


# 5

I'm sure you've encountered at least one trader who is like this. That one trader who seems to know everything and yet doesn't give you a damn straight answer. 



TRUE NEUTRAL
"The collective prohibits me to give any feedback on your stock."


____________________________________________________


# 6

"How the hell are you supposed to profit when everything is red?"
Oh these guys know the answer to that. They love it when everything and everyone is in pain; 
you might even hear their sadistic laughs if you listen hard enough.



CHAOTIC NEUTRAL
"Let there be blood on the streets! #Permabear #Gigols"


____________________________________________________


# 7

You MIGHT have already met this exclusive group of basterds. They have enough buying power to control a few to several stocks. Oh how you wish you could be part of this group. But then again, once you're IN, you can never get OUT. Be very careful.



LAWFUL EVIL
"Are you talking to ME?
We shall bring order in the markets! 
Call the crew! Let's jock this B#&!!"


____________________________________________________


# 8

Traders turning sadists with tons of buying power or shares - just waiting for the right time to short and unleash the evil they have amassed. Can't blame them though, they earned it. This group originally comes from all the "Neutrals" we mentioned above. And after selling, they love looking back at their work and say "I Told You So."



NEUTRAL EVIL
"There is a natural order in every stock cycle. 
And the current cycle is death!"


____________________________________________________


# 9

If there was a crystal for evil of the purest form, this group would be it. They just want to watch the world burn. And if they would be given the chance to sell odd lots to everyone, oh they would!
Don't worry. They have a special place in hell.




CHAOTIC EVIL
"The stock did a break out I hear? 
Let me sell a couple of millions for entertainment."




So which Alignment do YOU have?