the beauty of trend following

bubuliao

请问老大，NFLX的目标价是多少？

angelafund

position update,

Long:
NFLX (bought market open 22Nov2010)
FFIV (bought market open 22Nov2010)
OPEN (bought market open 22Nov2010)
TZOO (bought market open 22Nov2010)

Short:
V (bought market open 15Nov2010)

In bull market, losing a core position is costly ... so learn the lesson along the way

angelafund

tsla ... now that should not have been sold ... so lesson to learn ...

OPEN is very nice ... it reminds me of RVBD back in May 2007, which I played beautifully.

TTM is a sucker i did not pull the trigger on Sept 1, so I put that sucker on my relapse records ...

angelafund

not too bad of a close.

V is very ugly. If the market weakens, then V will be a super short ...

maomi

回复 282# angelafund
still bullish on the market after today's big down? I don't know if I should enter long position now or wait...
Thanks

angelafund

went long URA

nflx is hot ... and v is finally breaking down

angelafund

went long IGOI

lucky99

回复 287# angelafund
Thanks for up-date!

yuliang

thanks. Angelafund. What is your view on the short-mid term market movement?

angelafund

thanks. Angelafund. What is your view on the short-mid term market movement?
yuliang 发表于 2010-11-29 12:50

I think short term, market is consolidating the big run we had since Sept. Based on the top growth stocks' action, i think in the mid term, we go higher.

But seriously, i don't care what the market does in the future. I don't even care what the market does tomorrow.

the indices and stocks i am holding will dictate if i am bullish or bearish ... or what stocks I should hold or sell ...

trend followers make no attempt to forcast or anticipate the market move ... i just follow.

yuliang

Thanks for your update, Angelafund!
One thing I don't quite understand is whether your trend following is still some kind of speculation.  How do you define and measure a trend?

I think short term, market is consolidating the big run we had since Sept. Based on the top gr ...
angelafund 发表于 2010-11-29 14:27

angelafund

Thanks for your update, Angelafund!
One thing I don't quite understand is whether your trend follo ...
yuliang 发表于 2010-11-29 15:02

   

When a stock market is in an untrend, u can feel it ... If you look at NFLX, it is in solid uptrend. 50MA is above 200MA, price is above 50MA. All moving averages are rising .. this is a classisc definition of trending stock.

stock market is a game of speculation. the problem with most traders are though, they are very short sighted ... and they can't let their stock run and they can't get their guard away from the day to day fluctuation ... --> they won't make big money ...

when market starts to trend up, the best money is made by riding the top stocks all the way to the top and until the trend is over ... few can do it ...

I have looked at several websites, trader1688, mitbbs, wenxuecity and also hutong9 ... I find there is almost none who can really do it ...

majority of the people here can only do daytrade or very short term trades, could some of them make money? yeah, sure, but they can't make big money unless you can machinize your day trades and do it in high frequency ...

lucky99

回复 292# angelafund

Thank you very much for sharing!

What you said is what I did for several years!

angelafund

my stocks are not behaving like we are having a correction ...

nflx  

tzoo  

open

v continue to go down

ffiv not bad ...

slv/gld/ura are holding up strong even dollar strengthens ... so they are the one to hold on ...

igoi not bad ...

angelafund

my stocks are not behaving like we are having a correction ...

nflx  

tzoo  

...
angelafund 发表于 2010-11-30 13:55

    holy crap ... tzoo went up 10%????



market is getting distributed again ... let's hope the market will find its footing soon ... otherwise if all those top growth stocks start to look like ARUN, GOOG and IGTE ... i am gona sell my holdings ...

integra

支持一下。 象我这样每天工作，没有时间看大盘的，用这种方法是最好的了。

问一下，老大你是怎么选择股票的？ 这些股票你都是怎么挑选出来的？

我是70元买的CMG，一直hold到现在，现在成了我最大的holding了。

angelafund

beautiful market ... money is still made in the long side ...

stay long and hard!!!

angelafund

my stocks are not behaving like we are having a correction ...

nflx  

tzoo  

...
angelafund 发表于 2010-11-30 13:55

ffiv

bendzhao

Well said. But how can you tell when the trend is about to end? How do you know it's the right time to jump in (instead of being a bag holder)?
Thanks.

When a stock market is in an untrend, u can feel it ... If you look at NFLX, it is in  ...
angelafund 发表于 2010-11-29 18:11

angelafund

let's cover V

buy TNA before market close!