Blue Line Buy Signals - Show Me The Money

Glenn Sperry

Buy on the BLUE line. NEW CHARTS are near the bottom of the list.

Simple trading signals with predetermined sell stop price. I document good and bad trades to learn better trading methods. When fully invested, I still put stocks on the watch list to track my trading success/fail ratio.

1. Look for strong up trend and buy when price pulls back to a support level & stochastic is over sold < 20.
2. Try to buy where retail traders place their stop loss orders. The market goes where the volume is.

Short term trade exit when stochastic is overbought AND price is at a supply level. Long term trade exit when price is below SMA depending on market conditions.

1 out of 5 trades will probably fail so I try to keep per trade loss to 0.5% to 1% or less of the account size.
Example: Loss limit $500 (0.5% of 100k): If stop is $0.80 below buy price, $500 / $0.80 = 625 shares. Buy 600 shares or less. If the stock sells at the stop price, the loss is < $500. Stop is set below where the price has a high probability to reverse direction.

20171018 Landstar System, Inc. (LSTR)

20171018 Live Nation Entertainment, Inc. (LYV)

20171018 Ross Stores, Inc. (ROST)

20171019 L3 Technologies, Inc. (LLL)

20171030 EastGroup Properties, Inc. (EGP)

20171030 KAR Auction Services Inc. (KAR)

20171030 Rexford Industrial Realty, Inc. (REXR)

20171030 Tencent Holdings Ltd. (TCEHY)

20171101 Capital Southwest Corp. (CSWC)

20171108 AerCap Holdings NV (AER)

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