Comments on: Weekend Trender – EDU http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/ A blog about trading, finances, success and life itself Fri, 30 Dec 2011 14:18:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: piranha http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/comment-page-1/#comment-6381 piranha Wed, 02 May 2007 13:11:56 +0000 http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/#comment-6381 Albert, Shares can be added near that trendline above $40. You can also buy at the 50-d m.a. but please note that it did drop below the 50-d in early March which formed this trendline. Either buy is sound as long as the risk-to-reward makes sense. Have a stop loss and you will be okay! Albert,
Shares can be added near that trendline above $40. You can also buy at the 50-d m.a. but please note that it did drop below the 50-d in early March which formed this trendline. Either buy is sound as long as the risk-to-reward makes sense. Have a stop loss and you will be okay!

]]> By: piranha http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/comment-page-1/#comment-6380 piranha Wed, 02 May 2007 13:03:19 +0000 http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/#comment-6380 Nice job Steve - it's always good to follow a plan successfully! Now start to build upon this. Nice job Steve – it’s always good to follow a plan successfully! Now start to build upon this.

]]> By: Albert http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/comment-page-1/#comment-6355 Albert Wed, 02 May 2007 02:36:57 +0000 http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/#comment-6355 Chris, Looking at this and following your points, you are suggesting EDU to be a buy at about $40 (if you follow the trend line and not the 50 d.m.a)? What is your feeling on taking a position today somewhere in the high $42 as it bounced off it's 50 d.m.a. though? Do you feel it will violate the 50 and if so, would you not see this as a sign of weakness? Thanks for your input! Chris, Looking at this and following your points, you are suggesting EDU to be a buy at about $40 (if you follow the trend line and not the 50 d.m.a)? What is your feeling on taking a position today somewhere in the high $42 as it bounced off it’s 50 d.m.a. though? Do you feel it will violate the 50 and if so, would you not see this as a sign of weakness?
Thanks for your input!

]]> By: Steven Mac http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/comment-page-1/#comment-6253 Steven Mac Sun, 29 Apr 2007 23:28:56 +0000 http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/#comment-6253 Chris, I originally bought EDU on 2/27 (one of my first of 3 trades ever into the market as a beginner) at $39.98, but violated my mental stop loss of 8% during the correction period and sold on 3/5 for a loss (putting the rules and guidelines that you advise into action no matter what). But I re-entered a new position on 3/9 at $41.14 on increased volume, and recently sold on 4/25 at $47.41. I remembered what you said a while back that if we just take small gains of 15-20%, then we can have a nice gain by year end. Instead of being greedy on my part, I sold for a 15.24% gain Friday. My target was $48.44 for a risk-reward ratio of 2.2, but because I sold at $47.41, that went to 1.9 r-r-ratio. Nevertheless, it is a gain for the books. With me as a beginnner in the market for only just a few months, this was my first successful trade and a step in the right direction of turning my expectancy into higher territory. Thanks for all that you teach and for helping me build rules & guidelines to follow to becoming a profitable stock investor. Thanks, Steven Mac. Chris,

I originally bought EDU on 2/27 (one of my first of 3 trades ever into the market as a beginner) at $39.98, but violated my mental stop loss of 8% during the correction period and sold on 3/5 for a loss (putting the rules and guidelines that you advise into action no matter what). But I re-entered a new position on 3/9 at $41.14 on increased volume, and recently sold on 4/25 at $47.41. I remembered what you said a while back that if we just take small gains of 15-20%, then we can have a nice gain by year end. Instead of being greedy on my part, I sold for a 15.24% gain Friday. My target was $48.44 for a risk-reward ratio of 2.2, but because I sold at $47.41, that went to 1.9 r-r-ratio. Nevertheless, it is a gain for the books. With me as a beginnner in the market for only just a few months, this was my first successful trade and a step in the right direction of turning my expectancy into higher territory. Thanks for all that you teach and for helping me build rules & guidelines to follow to becoming a profitable stock investor.

Thanks,
Steven Mac.

]]> By: Edwin http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/comment-page-1/#comment-6227 Edwin Sun, 29 Apr 2007 14:15:33 +0000 http://www.chrisperruna.com/2007/04/27/weekend-trender-edu/#comment-6227 why do you not have a "print" button. Your stuff is interesting but I need to print it to comprehend all your points. why do you not have a “print” button. Your stuff is interesting but I need to print it to comprehend all your points.

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