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Buy Stocks-1

QuestionsCategory: QuestionsBuy Stocks-1
Essam Lababidi asked 5 years ago
Dear Pat, I appreciate your kind support & advise in writing regarding below questions:
  1. What is the kind of bases (long base, short base, etc.) & its min/max period? What are Kinds of forms (shelf, cup & handle, etc.) & its min/max period? What are kinds of trades we are using (breakout, pullback) ?
  2. For which kind of bases, forms, trades we will use half position sizing? For which kind of bases, forms, trades you will use full position sizing?
  3. Before buying a stock, Should I check the correlation between the holding stocks & potential buy stocks?
  4. What is min period to consider so that not to enter a new trade before earning release date? Which website you recommended to get the earning release date (before/during/after-market)?
  5. Instead of using chart pattern, could I use rule “buy stock: when EMA8 cross above SMA20”?
  6. Do you recommend using (EMA-05, EMA-10, EMA-50) instead of (EMA-08, SMA-20, SMA-50)?
  7. Pyramiding position (50%, 30%, 20%), the buy price for entering trades of 30% & 20% positions will be set (i) automatically using actual buy price of 50% (b) key list buy price (c) the stock should forms a chart pattern (on 15/30/50 min) before entering 30% & 20% trades?
  8. Pyramiding position (50%, 30%, 20%), Should I place (contingent buy stop & sell stop of 50%) & once buy is filled then I’ll enter two orders accordingly (contingent buy stop & sell stop of 30%) and (contingent buy stop & sell stop of 20%)? Or I’ll enter all three orders one time at start?
  9. If 50% position is filled, the two orders of 30% & 20% position I must set them on broker’s platform for today or GTC? After how many days I must remove 30% position or 20% position from brokers’ platform if unfilled?
  10. For stocks of half position sizing, should I be pyramiding the position as (50%, 30%, 20%) also or (50%, 50%) or (100%)?
Regards
1 Answers
Avatar photoOwen Staff answered 5 years ago

Hi Essam,
Video from Patrick:
https://youtu.be/55EJ43eGN60