Sympathy Play over a Huge Running Stock
I would say Yes for this. Yup !! stocks run on sympathy to a current momentum stock ( will explain it clearly going below )
I started Trading couple of years back, analyzed 100s of materials, joined many Chat rooms and Off-course watched many DVD videos too ( DVDs by GURUs you might be very much familiar with )
( im going to write down all that for you here in coming days --- You get contents of Top DVDs in the market For Free here )
For Now I can reframe all those strategies into one single line. " control your mind , Play your Plan , Control your emotions and be disciplined" .
Thats it , you are the winner and You can start selling your DVDs too :p Lol
Anyways , coming to the Topic here. Let me put up whats Sympathy play is
Stock Sympathy Play
Well, Sympathy play is the concept of playing on stocks which carries a relation with current Running stock , on an assumption that this will also move UP / Down followed by current momentum stock.
Okay don't be confused , let me put up like this.
Lets say Stock A got some good news / momentum and is Running up 50% - 100% on open market. Looking to Stock A , you thought its already Up 50+% and you missed the Run. Then you assume as Stock B has relation with Stock A, there are chances that stock B can also move !! so you added a small position on Stock B and sold off for 10% up quick.
This is what Sympathy play is. ..
If you search for such stocks and examples , You can get 1000s from market history and You gonan see almost every day too.
Rather getting examples from history. I would like to add up something from todays market.
Yes, you find sympathies almost every day buddy.
Today is Nov 14th 2018 - After Hours
I magnified the Top gained stock " Any " , which closed at 58% up.
Lets see the Intraday Chart for this stock
But question here is , how to find it pretty quick and where ???
Rather getting examples from history. I would like to add up something from todays market.
Yes, you find sympathies almost every day buddy.
Today is Nov 14th 2018 - After Hours
These are the Top Gapers for the day
Lets see the Intraday Chart for this stock
This stock ran 120% during market Open as you can see in the Image above. This Stock ran on News this morning. As the stock is Low floater and has some good news, people brought it on hype and raised up side.
As I missed the above Run at open .. As the stock started running very quick and its already moved high for the day to catch up with.
I though of catching some sympathy On ANY.
here is the way we can find it easy. I used FinViz for this purpose.
If you have a look over ANY stock. You can find the sector , Market Cap , Shares Float and other information clearly. Now what ?? we have to find a stock of similar filters.
Kindha Chudu :p . ( look over below Image )
I used very basic filter here on FinViz Screeners ( you can use many other filters too if needed ) in getting the same sector , same price range and same market cap. I found INPX as better sympathy as it has almost same that ANY has other than news :p , also with some good volume bars.
So , I have taken a position at early stage with some good size as Risk level is pretty low compared to ANY which Gaped up in pre-market itself and keep moving up on open.
Sold it quick for some gains here
Hope you understand How to play on sympathies.
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#RegardsToFuturePosts : I’m going to disclose top secrets of stock trading. Contents from famous DVDs gonna be explained here in my way of writing, with examples.
Because , I feel that every one has right to learn for free on “ how to earn “ , Other side I think these guys selling their DVDs for too high price.
I buy , learn and write down the strategies Here for you ...
Because , I feel that every one has right to learn for free on “ how to earn “ , Other side I think these guys selling their DVDs for too high price.
I buy , learn and write down the strategies Here for you ...
In Return plz Do follow us and support us
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Note : No Strategy is 100% accurate. Always be prepared for taking loss. have a risk level and take position. Some times you may enter on a stock which is not a sympathy or may not be played by anyone ending up no change in price or decline in price due to low volume.
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KEERTHISH KODALI (Sunny) is the founder of www.MyBlogStory.com . He is very friendly guy ,who wants whole world to be united without any border. He is passionate about blogging. He is a DevOps engineer, Systems Engineer, Data Center Analyst , Professional Blogger and an addicted Web Designer. Ofcourse a Stock Traders and Crypto Investor ~~~ Read More
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