HERCULES portfolio: weekly course valuation
HERCULES’ mid-term trend chart is presented.
Also the mid-term trend charts of the stocks that make up the portfolio are presented. ___
Comments on the chart:
---------------------------------
* Eventually the rising reaction (totally 21%) stopped at the strong resistance of the 50d SMA.
* This rising reaction was a very good chance to sell in the highest possible (this time period)
prices.
* Here I want to stress, for the new traders, that when a stock's price falls -10,00% needs
+11,11% rise to comeback. If it falls -20,00% needs +25,00%, -30,00% needs +42,86%,
-50,00% needs +100,00%, -80,00% needs +400,00% and -90,00% needs +900,00%. Do the
math in ECXEL right now to see how it goes!
* Most of the new traders discover the previous disappointing percentages only when
it's too late.
* You must stop the losses when they are relatively small and manageable. That is up to 20%.
From this point and further, the bigger the losses the more difficult to comeback.
For example, if you lose 50% of your capital, in a bear market it's practically impossible
to succeed 100% gains to go even.
* Now the portfolio's price is under the 9d SMA again and it's probable that a "head and
shoulders" pattern (with an atrophic right shoulder) will be formed and the fall will
continue stronger.
* In general, we still remain very cautious and closely monitor the market in the coming
days, because many index-heavy stocks are close to critical support levels that if they
break down, will cause panic and a sharp decline.
* This HERCULES' portfolio analysis and all the previous ones, apply to all the portfolios
with popular Nasdaq stocks and the new traders should follow these analyses, because
they are an application of the method described in my post "You can't beat the market",
until they don't need these analyses anymore because they'll do their own.
-------------------------------------------------------------------------------------------------------------------
* The right opinion is difficult
* Many words do not reveal a profound point of view
THALES OF MILETUS
(Greek philoshopher)
Thales (624-547 BC) is the oldest prosocratic philosopher,
the first of the seven sages of antiquity
-------------------------------------------------------------------------------------------------------------------
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Also the mid-term trend charts of the stocks that make up the portfolio are presented. ___
Comments on the chart:
---------------------------------
* Eventually the rising reaction (totally 21%) stopped at the strong resistance of the 50d SMA.
* This rising reaction was a very good chance to sell in the highest possible (this time period)
prices.
* Here I want to stress, for the new traders, that when a stock's price falls -10,00% needs
+11,11% rise to comeback. If it falls -20,00% needs +25,00%, -30,00% needs +42,86%,
-50,00% needs +100,00%, -80,00% needs +400,00% and -90,00% needs +900,00%. Do the
math in ECXEL right now to see how it goes!
* Most of the new traders discover the previous disappointing percentages only when
it's too late.
* You must stop the losses when they are relatively small and manageable. That is up to 20%.
From this point and further, the bigger the losses the more difficult to comeback.
For example, if you lose 50% of your capital, in a bear market it's practically impossible
to succeed 100% gains to go even.
* Now the portfolio's price is under the 9d SMA again and it's probable that a "head and
shoulders" pattern (with an atrophic right shoulder) will be formed and the fall will
continue stronger.
* In general, we still remain very cautious and closely monitor the market in the coming
days, because many index-heavy stocks are close to critical support levels that if they
break down, will cause panic and a sharp decline.
* This HERCULES' portfolio analysis and all the previous ones, apply to all the portfolios
with popular Nasdaq stocks and the new traders should follow these analyses, because
they are an application of the method described in my post "You can't beat the market",
until they don't need these analyses anymore because they'll do their own.
-------------------------------------------------------------------------------------------------------------------
* The right opinion is difficult
* Many words do not reveal a profound point of view
THALES OF MILETUS
(Greek philoshopher)
Thales (624-547 BC) is the oldest prosocratic philosopher,
the first of the seven sages of antiquity
-------------------------------------------------------------------------------------------------------------------
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.