The Blog · Since 2011
Chart Addict
Where the charts do the talking.
I've been charting markets for nearly 20 years — from the prop desk in Scottsdale to holding longer and longer on the weekly charts. I work top-down: monthly for the big picture, weekly for the trend, daily for entries.
Here you'll find my charts of interest, setups and notes on stocks, indices and crypto, plus 15 years of archives.
Worst Trade of the Year $CYBR
At this point I am not sure why, but I felt paralysis. I couldn't do anything but stare and do nothing. Haven't felt like that in a trade, winner or loser, in years. I guess, sometimes, I need a kick in the teeth to get me back where I should be. I know nothing. Anything is possible. This is game of odds and probabilities. (For the record, hit a hot key 3x)
I can only assume I will be stopped out tomorrow. At least I didn't move my stop right!?
Most valuable advice ever given.
For More conversations like this, please visit TickerMonkey.Com or speak with @TCMLLC
cubbiebears: typically i will only own 3-4-5-6 stocks and then own them in a big way.....
cubbiebears: i have been essentially 200% long tsla gpro and mbly
ely: the mov ein mbly and gpro are nothing compared to what it cld do after a htf
jwhitcraft: When did you make your first buy in MBLY?
cubbiebears: i took off 20% of the mbly and gpro yesterdaycubbiebears: i bought back the mbly today at 53.6ishjwhitcraft: So 200% margin...equal third in TSLA GPRO and MBLY?jwhitcraft: Or like 100 and 50 50
cubbiebears: i am prob 100% tsla and 50% the other 2
jwhitcraft: Thank s tons cubbie...helps me understand enormouslly!cubbiebears: i am not always right but when i am right i want to be right in a big way
cubbiebears: i bought mbly at 40
jwhitcraft: Ahhhh...
cubbiebears: gpro like 46-48cubbiebears: one thing else to sort of understand
cubbiebears: we are very very small players in here....there are a lot of large players who have missed a stock like mbly so they waiting for a set up now......cubbiebears: i talked to 2-3 guys who can't get in and will be fine catching it from 70-150
JT: Cubbie very important what you just said there. We are so early to stuff that sometimes we trip ourselves up thinking the move is over.
cubbiebears: ok jwhit if u have questions fire away i have a few mins
Caccavale: cubbie I saw you mention taking GPRO off the watchlist or else you might do something stupid if watching it constantly. I took that advice since I do a lot of stupid things and it really helped me sit through that downgrade on GPRO. So thank you for that.
JT: When in fact it takes these funds MONTHS to get in what we do in a few minutes.cubbiebears: a friend of mine manages a small cap fund for roppel and she is doing a study on these ipos which i will share at some pointcubbiebears: we dont need a study to know u just have to try and sit
Englebrecht: Cub-what would be your basic sell rules on MBLY?
MJ12: pur[pose of the study? to find out how far and long the best of them can travel?cubbiebears: by starting w a massive position and then trimming u have locked in a lot of profit and then i try to have a "normal" position by the time it starts to correctcubbiebears: money mangagement is really the key to everythingcubbiebears: anyone can pick stocks and read charts
Englebrecht: Cubbie-How did MBLY get on your radar b4 you bought it?
ely: twtr?cubbiebears: probably some knucklehead in here
JT: And one thing on the weekly MBLY and ALL powerful Ipo names is the FIRST Week's CLOSE. 37 was the price on MBLY.cubbiebears: i run an ipo scan in mktsmith
GVGOLF1: Cubbie, on the sell side. You bought first postion 46-48. What if it goes down? 43,42,40 etc?
GVGOLF1: Cubbie, on the sell side. You bought first postion 46-48. What if it goes down? 43,42,40 etc?
John: Don't think it should impact price of TWTR do you?
cubbiebears: i would never give it that much room
GVGOLF1: How much room???
cubbiebears: usually when i am right i am right from the startdevanebb: cubbie once 20% correction ensues what will you be looking for to re-enter
jwhitcraft: Critcial statement...when I'm right...I'm right from the start!
cubbiebears: not really looking to re-enter something that deepcubbiebears: the best stuff doesnt come in like thatcubbiebears: i am then looking for the next stockcubbiebears: for example...i am not the guy looking to re-load on something like VIPS here
John: MBLY equipment is only in 2% of all cars sold globally today, but that should substantially increase in the future.
cubbiebears: i am on to the next best moverely: to me mbly is a hold tight and sit
