Presentation + LYG, ALU, MTSN, AKS
Hello,
first of all, presentation. Hi everybody! :ciao:
I am new to this forum, but I have been following on and off for some months. Now that school's over, I have time for finance, a passion that I share with all of you.
I have to say that I am fairly new to the trading world. I did my share of study in the last months, and I think I am prepared enough to try to limit the losses and score some points. I will in the next months try some swing trading with a limited budget.
Tonight I started researching stocks; the parameters of the search were simple:
Beta between 2 and 4,
Price of the stock between 1$ and 5$ and
Volume >1'000'000
These were some of the results that I considered interesting:
http://onlinetradersforum.com/attach...lyg-jpg.15564/
I will search for confirmation of an up-trend here.
I went further into the analysis of the stocks, writing down a basic trade plan for ALU and LYG.
Every thoughts and observations about them are greatly welcome and appreciated.
Thank you
As today, Tuesday July 16th, after two days, the situation is this:
http://onlinetradersforum.com/attach...day-jpg.15594/
Re: Presentation + LYG, ALU, MTSN, AKS, BPZ, STP
As today, Thursday July 18th, after four days, the situation is this:
http://onlinetradersforum.com/attach...day-png.15609/
LYG gained 0.19$
ALU gained 0.07$, breaking natural resistance of 2.00$
STP gained 0.205$ - on Tuesday, after reaching the goal of 0.30$ margin, I would have sold 50% of the stocks to make profit, and kept 50% for further up-trend movements. The stop loss for the last 50% is set at 1.155$, which is the cost of the original share.
MTSN was out on Tuesday, since it reached the stop loss of 0.10$
BPZ lost 0.03$
AKS gained 0.05$
So far so good. Any thoughts anyone? Suggestions?
Thanks!
Baf