What about YORK?

Without any Broker advice....without any Friendz advice...Without any help of the forum... I bought YoRk @ 17.50 .... at last I ask from u, What do you think about my own decision? Nice see some comments.. whether i am wrong or not.. This is the first time i bought on my own way... Fed up with broker advices.. fed up with following wrong news....hmmmm

gepa wrote: Without any Broker advice....without any Friendz advice...Without any help of the forum... I bought YoRk @ 17.50 .... at last I ask from u, What do you think about my own decision? Nice see some comments.. whether i am wrong or not.. This is the first time i bought on my own way... Fed up with broker advices.. fed up with following wrong news....hmmmm

U have done correct thing

@ SL market vice president-කොමෙන්ටුවට ස්තූතියි.. සත 60ක් දැනටමත් වැඩී.. සතුටේ බැරුවා

Gepa! Dan'da 5k!

Great.You may get a chance to sell above 21. It was a great shares for me too. I did successful swing tradings more than 6 times with YORK during this bear market. The best was on 23rd Feb. I sold 15000 shares above 23. I had collected them between 14.20 and 15.50 on 25th and 14th.

You can now try ACME

stumpy wrote:Gepa! Dan'da 5k!

ඔන්න දැම්ම පහක්..දැනුයි අයියේ ක්‍රමේ අහු උනේ..

Stockmate wrote:Great.You may get a chance to sell above 21. It was a great shares for me too. I did successful swing tradings more than 6 times with YORK during this bear market. The best was on 23rd Feb. I sold 15000 shares above 23. I had collected them between 14.20 and 15.50 on 25th and 14th.

thanks for comment aiye.. feel i have done the correct thing....

If you have cash in hand keep an eye on falling shares. Find their previous peaks and bottoms supports and resistances. Buy when they are close to the support . Near the support you will see an increase in buying. Those are the tricky swing traders. Join them and buy. Then wait for the rise and sell close to the resistance.
This is very simple. But the problem is "making your mind to buy falling shares". Normally people have a psychological tendency to chase rising shares. Do not forget the volatility of shares.

There are many shares great for swing trading. Find them. Buy small amount if the volatility is low. Buy massively if volatility is high. Points to remind
1. Draw trend line for support and resistance( There must be a sufficient gap between them.( I prefer 10% price gap)
2. Watch the volatility
3.Buy close to the support and wait ( Buying amount depends on volatility)
4 When the price gets closer to the resistance line ,sell ( Be the first to sell if the volatility is low)

[There are many shares great for swing trading. Find them. Buy small amount if the volatility is low. Buy massively if volatility is high. Points to remind
1. Draw trend line for support and resistance( There must be a sufficient gap between them.( I prefer 10% price gap)
2. Watch the volatility
3.Buy close to the support and wait ( Buying amount depends on volatility)
4 When the price gets closer to the resistance line ,sell ( Be the first to sell if the volatility is low)]

which techinque we can use to draw trend line? I have heard of Moving Average, but not used it.

I dont do any drawing, since I dont know how to draw or it takes lot of times for me,
I go throw historical trade, but it is difficult to know the resistance and support levels. so i concentrate only few selected shares with strong fundamentals.

quote="deleted"][There are many shares great for swing trading. Find them. Buy small amount if the volatility is low. Buy massively if volatility is high. Points to remind
1. Draw trend line for support and resistance( There must be a sufficient gap between them.( I prefer 10% price gap)
2. Watch the volatility
3.Buy close to the support and wait ( Buying amount depends on volatility)
4 When the price gets closer to the resistance line ,sell ( Be the first to sell if the volatility is low/quote

which techinque we can use to draw trend line? I have heard of Moving Average, but not used it.

I dont do any drawing, since I dont know how to draw or it takes lot of times for me,
I go throw historical trade, but it is difficult to know the resistance and support levels. so i concentrate only few selected shares with strong fundamentals.

deleted
Your broker should have an online trading system like DirectFn or Metastock Otherwise it is difficult. If your broker does not provide that facility you can use MsExcell . New MsOffice comes with Stock charting facility with Excell. Learn it. You have to down load OHLC data and use it in Excell. You can easily draw trend lines that way.

Stockmate wrote:deleted
Your broker should have an online trading system like DirectFn or Metastock Otherwise it is difficult. If your broker does not provide that facility you can use MsExcell . New MsOffice comes with Stock charting facility with Excell. Learn it. You have to down load OHLC data and use it in Excell. You can easily draw trend lines that way.

From where OHLC data can be downloaded?

Stockmate wrote:There are many shares great for swing trading. Find them. Buy small amount if the volatility is low. Buy massively if volatility is high. Points to remind
1. Draw trend line for support and resistance( There must be a sufficient gap between them.( I prefer 10% price gap)
2. Watch the volatility
3.Buy close to the support and wait ( Buying amount depends on volatility)
4 When the price gets closer to the resistance line ,sell ( Be the first to sell if the volatility is low)

Thanks for tempting me to make a own way for me...
I know what is the bottom and ..dont know more about what are the swing trades with volatility..
I think i can find how to draw trend line via internet...thanks for displaying the way to do it.. Hats off for your guidence...

deleted wrote:quote="deleted"][There are many shares great for swing trading. Find them. Buy small amount if the volatility is low. Buy massively if volatility is high. Points to remind
1. Draw trend line for support and resistance( There must be a sufficient gap between them.( I prefer 10% price gap)
2. Watch the volatility
3.Buy close to the support and wait ( Buying amount depends on volatility)
4 When the price gets closer to the resistance line ,sell ( Be the first to sell if the volatility is low/quote

which techinque we can use to draw trend line? I have heard of Moving Average, but not used it.

I dont do any drawing, since I dont know how to draw or it takes lot of times for me,
I go throw historical trade, but it is difficult to know the resistance and support levels. so i concentrate only few selected shares with strong fundamentals.

Thanks for ur valuable ideas...these details guide me to do my own way to make my profit making plan.. Have to find what are the swing stocks.. and what are the bottom of them..Every word are nessasary.. Hats off experts for ur instructins

Stockmate wrote:deleted
Your broker should have an online trading system like DirectFn or Metastock Otherwise it is difficult. If your broker does not provide that facility you can use MsExcell . New MsOffice comes with Stock charting facility with Excell. Learn it. You have to down load OHLC data and use it in Excell. You can easily draw trend lines that way.

I m using DirectFn ... It means i dont want to use excel neda?I have seen the OHCL term in direct fn...thanks aagain for the comment

York is good for short term trading at current price.Anyway you have to exit as soon as you can with 10-15% margin.My expected price is around 22-23,if this short term bull run continues.

actually even now you have profit
it seems to be rational decision making

Stockmate wrote:If you have cash in hand keep an eye on falling shares. Find their previous peaks and bottoms supports and resistances. Buy when they are close to the support . Near the support you will see an increase in buying. Those are the tricky swing traders. Join them and buy. Then wait for the rise and sell close to the resistance.
This is very simple. But the problem is "making your mind to buy falling shares". Normally people have a psychological tendency to chase rising shares. Do not forget the volatility of shares.

good advice... keep a some lower value for the share checking the past history and try to buy for that value and then you will be not a looser.. if you miss you can try again...no harm.. Same way main thing is don't get love to the share and sell with a small gain.. don't chase the rising share... not to run to the moving bus. Swing trading/Day trading is the best on these type of uncertain market...

Some times things may go wrong. Then sell immediately before the loss exceeds 7%-8% .

What do you think of YORK now?

very low price i think this will touch @ 20 - 22 easialy

if clfb 40 york 20 -25 im sure

This is my experience not a promotion