What makes you hit buy?

[jonnycage]

just a general discussion on what leads you up to buying a stock.

following its chart, recent announcements, or straight from the mighty movie
the castle do you pick up on the vibe ? lol

interested in your thoughts.

jc

 

[SamLau]

Ummm something which looks overbought as indicated by RSI and shows a reversal Candle pattern and also has an overall upward trend.

Thats what i do but i could be doing it wrong

 

[GumbyLearner]

Ummm something which looks overbought as indicated by RSI and shows a reversal Candle pattern and also has an overall upward trend.

Thats what i do but i could be doing it wrong

Know your product

 

[titus]

Top to bottom approach first
Fundamental analysis criteria second
Technical analysis third

Buying a share without knowing the business scares the heck out of me plus I've only started looking at charting recently and my technical analysis knowledge is just above zilch.

Like a lot of people I guess, I've been guilty in the past of 'jumping on the bandwagon' and buying without really knowing why. This is my regret over what's happened over the past 20 months. Hoping to adopt a more 'enlightened' approach in future decisions.

 

[ThingyMajiggy]

run outside, check the moons alignment with the universe, do 3 cartwheels, check it again, run back inside, refer to my deck of cards, pull 3 random cards out, if they are a 6, 1 and 9 then I go long.

 

[skc]

Ummm something which looks overbought as indicated by RSI and shows a reversal Candle pattern and also has an overall upward trend.

Thats what i do but i could be doing it wrong

Are you long or short?

 

[Amor_Fati]

3 key factors:

- A pack of cards

-WeatherBill

-His good friend JC.

 

[brty]

This thing has gone down long enough, indicators look terrible, no-one would be stupid enough to buy it here, may as well go long.

brty

 

[ROE]

I scan thousand of stocks, a handful or so landed on my screen every so often... I then look at the business model....a bunch of criteria run against these handful, maybe 3 or 4 stocks left in the pile...

I then spend a good amount of time learning each business after this maybe 2 stocks are left I want to buy...I work out their intrinsic value

When it trades at a discount to intrinsic value I buy regardless of timing nor economic condition.
The wide the gap the less risky the stock becomes and the rewarding is staggering but that going against the analyst based on Beta value

its intrinsic value are long term measure 5-10 years horizon not short term 3 months or 2 years.

That the core of my portfolio, I do buy some stocks with little research
for speculation play like BAU.... but this is like 5% of my money so if it goes pear shape
it's pocket change and the dividend and growth from the core portfolio covers this many time over

 

[jono1887]

sometimes is a moment of pure craziness... like hitting buy on BBI yesterday

 

[tech/a]

So-------

Its pretty clear that no one actually trades!

 

[nunthewiser]

yep............ your the only real trader here

 

[SamLau]

Are you long or short?

Sorry I meant OverSold not overbought.

 

[tech/a]

yep............ your the only real trader here

Yeh thanks thought so.

 

[Krusty the Klown]

3 key factors:

- A pack of cards

-WeatherBill

-His good friend JC.

run outside, check the moons alignment with the universe, do 3 cartwheels, check it again, run back inside, refer to my deck of cards, pull 3 random cards out, if they are a 6, 1 and 9 then I go long.

Zing!!!

 

[Krusty the Klown]

just a general discussion on what leads you up to buying a stock.

Sheer stupidity!!

No, actually now I think about it, even if I was stupid, I would at least have a random chance of making a good buy sooner or later!!!

 

[jonnycage]

I scan thousand of stocks, a handful or so landed on my screen every so often... I then look at the business model....a bunch of criteria run against these handful, maybe 3 or 4 stocks left in the pile...

I then spend a good amount of time learning each business after this maybe 2 stocks are left I want to buy...I work out their intrinsic value

When it trades at a discount to intrinsic value I buy regardless of timing nor economic condition.
The wide the gap the less risky the stock becomes and the rewarding is staggering but that going against the analyst based on Beta value

its intrinsic value are long term measure 5-10 years horizon not short term 3 months or 2 years.

That the core of my portfolio, I do buy some stocks with little research
for speculation play like BAU.... but this is like 5% of my money so if it goes pear shape
it's pocket change and the dividend and growth from the core portfolio covers this many time over

sounds pretty good to me!

 

[SamLau]

I scan thousand of stocks, a handful or so landed on my screen every so often... I then look at the business model....a bunch of criteria run against these handful, maybe 3 or 4 stocks left in the pile...

I then spend a good amount of time learning each business after this maybe 2 stocks are left I want to buy...I work out their intrinsic value

When it trades at a discount to intrinsic value I buy regardless of timing nor economic condition.
The wide the gap the less risky the stock becomes and the rewarding is staggering but that going against the analyst based on Beta value

its intrinsic value are long term measure 5-10 years horizon not short term 3 months or 2 years.

That the core of my portfolio, I do buy some stocks with little research
for speculation play like BAU.... but this is like 5% of my money so if it goes pear shape
it's pocket change and the dividend and growth from the core portfolio covers this many time over

you sound like .... Are you Rodger Montgomery?

 

[tech/a]

Regardless of how the stock is analysed.
This is what I look for before "Hitting the BUY Button"

Anticipation of----Low Risk High Reward

 

[kam75]

just a general discussion on what leads you up to buying a stock.

following its chart, recent announcements, or straight from the mighty movie
the castle do you pick up on the vibe ? lol

interested in your thoughts.

jc

An excellent question. i will usually buy a stock when I get the correct 'buy signal' on a chart. Usually a breakout of a chart pattern or some resistance level. Similarly, I'll sell a stock short when my system gives me a 'sell signal' such as a breach of support or a bearish chart pattern. So to sum up, what makes me enter the market is my set of rules. It's piss easy really. The hard part is keeping to those rules.