Allan B

My Bio

Trading stocks is not easy. If it were, then everyone would be doing it. Since I am not able to monitor the market fulltime, my trading style is in a state of flux depending upon the current market conditions. For the past few months, my positions are very short term...3 days max...with very tight stops. I try to make entries/exits at certain moving averages and trendlines. My cardinal rule I try to follow (most of the time) is: Trading what you WANT the market to do, instead of what it IS doing is always dangerous.

My Activity

Allan B and TraderTL are now friends.

Allan B posted CF to Agricultures.

Allan B posted POT to Agricultures.

Allan B blogged about WATCH OUT FOR MARGIN CALLS on Allan B Tidbits.

Allan B and nazira are now friends.

Allan B published FOR MY FRIENDS.

Allan B published ABK 100108.

Allan B and jamesburger are now friends.

Allan B published re: Announcements.

Allan B published can you read this.

Allan B and girlgolf are now friends.

Allan B and teddy are now friends.

Allan B commented on fertree's profile.

Allan B and kaman are now friends.

Announcements

October 02, 2008
FOR MY FRIENDS

as many of you know, i am not a full-time trader...but, i have a pretty good feel on various patterns of price movement based on 8 years following the market. i would be available to comment on any stocks you want me to look at. i offer this service with the intent in sharpening my personal chartist skills. during these volatile times, just wanted to let ya'lls know, i'm here for you.

:-)
ABK 100108

When using stocks for long term, i.e. months to years for an IRA, the basic rule is buy on weakness....sell on strength. Strength is defined as price movement over 30% over 2 - 3 trading days. Sell a certain % of "full position" with the intent of buying more on weakness. When stock approaches daily 20, 50 or 200MA, sell a little expecting profit taking with the intent of buying at lower price. As time goes, the initial position would increase in size when buying more stocks cheaper with "house money". As of today, my position is 3x the size of initial position. Look at enclosed annotated chart. If you have any specific questions, hit me back.

http://screencast.com/t/kBepiXsH
September 24, 2008
re: Announcements

thanks Frosty..and Habiby for your response. i just found your response under "comments". now i know who can read my announcements...and...where to find the responses. thanks again!!!
September 20, 2008
can you read this

can you read this? and if you can, where did you find it?

please let me know. i'm still figuring out what i could do in this website. thanks in advance....
September 16, 2008
test

who can read this?

My Comments

FrostyMuggs wrote Yes I can

on Mon, Sep 22 2008 5:46

Yes, I can read your announcement. I found it on my dashboard under "My Frend's Activities."

habiby wrote Can you read this?

on Sat, Sep 20 2008 8:42

On my dashboard recent events indicated sept 20 da2rth's can you read this? I clicked on the blue hilight and your message popped up.

Hope this helps.

fertree wrote ABK

on Thu, Sep 4 2008 13:46

Allan, Thanks for ABK. I'm in and writing OTM covers, and after it held up so well today, feel I'm in a good defensive position. Your insight and trading style are admirable. I've started walking away from the computer during the day, and now the cat it getting really fat!. Thanks.

HockeyPuck (fertree)

OptionDragon wrote Cool Pics and I never read that comic book.

on Mon, Sep 1 2008 15:36

I love the pictures and images!

My Happy Friends

My Happy Groups

My Happy Gallery

Shared Favorites

Shared Feeds

My Bio

My Activity

Announcements

My Comments