What are some of us Affiliate Marketers are trading?
I’m long atm on:
I guess affiliate marketers don’t trade stocks… although… CNBC’s Million Dollar Portfolio challenge is coming up pretty soon. Can’t wait!!
Phoenix is a pro at this stuff. He used to be a broker (I believe). The little bit I heard from him at the Xy7 meetup was very eye-opening. Hopefully he finds this thread =D
It would be nice to have a bigger presence of stock threads on this forum…
A slot machine is quicker.
Gold is where it’s at… it’s only going up…
Anything with dividends is also a win in these crazy markets…
I prefer blackjack and poker but what do I know?
can only say so much since licensed financial professionals have marketing rules that make google look user friendly!
so can only give basic information and general.
Just like everything I have discussed so far.
There are strategies, tools, metrics and processes + user psychology.
All depends on what you are trying to achieve, with what $, how long and what experience/knowledge you have.
Too many people get into trading ANYTHING without 1. having their head together 2. having their life together.
Those 2 things can affect trading and investing more than most people will ever want to admit to themselves.
Most people will spend time on techniques and strategies and ‘magic-bullets’
Get your head together. Get your life together. THEN take on risk.
As I like to say, "you want the truth or you want the marketing?!"
How I MAKE 30% MORE than YOU do on the SAME offer!
I was until I started doing AM I liquidated my accounts. . . I was big on NFLX BIDU WIN MO AAPL GOOG BAC C and some others i was profiting on all of them buying/selling frequently and I also dabbled in options. I’m a personal banker at chase and I always enjoyed talking to our Financial Advisor about my picks and he would always shoot them down and I would always profit off them.
My favorite saying from stock guru’s buy low sell high. . . (why would you ever buy a stock that just spiraled downward out of control) I always bought when it was clear the stock was out of the trough and on it’s way back up buy high seller higher!
I have stocks in about 10 different NZ based companies. Never venture internationally. I’ve kept to the blue chip shares. Collect the dividends and patiently wait on the share price increases. Haven’t sold any yet, bought them all 5 years ago or earlier.
From my experience, day traded for about 2 years, stocks are hugely psychological, and come down to you being able to know/predict who is on the right side of the trade (bulls or bears) for whatever period of time you are looking to be involved. I would never really aim to be involved with a stock for longer than 2 weeks really (sometimes I was if it was still moving accordingly), but I always found it a little easier to gauge movement on a shorter time frame rather than a longer one.
When I traded, every trade I made always had 5 main things… 1) entry point 2) stop (exit for loss) 3) multiple targets and 4) strategy/reason for the trade & management of it 5) statistics of that strategy’s past… "If you fail to plan you plan to fail" so you always want to have a "trading plan" in place so you don’t let your emotions get the best of you and you exit a trade too soon or stay in a trade too late.
Main thing though when you’re trading (which reminds me of a post I want to make here), is to have a certain amount you’re willing to risk on every trade and not just buy the same amount or any amount of shares, that way not 1 trade will make or break you. You won’t just buy 100 shares of a stock priced at $10 and 100 shares of a stock priced at $100, unless your stop-loss for both trades will have you loss the same amount of money… Example:
Stock A: $100, your stop 98. Meaning it would move down $2 before you got out, 100 shares X -2 loss = -200 (move of 2%)
Stock B: $10, your stop 8. making your loss still -200 (move of 20%)
Thing is that the higher priced stock is more likely to move $2 easier than the lower priced stock..
I don’t know why I said all this haha, just thought I’d throw out a simple strategy for trading that can help you not profit on 8 of 10 trades, and have the 2 losers wipe out all your profits!
If there is a huge interest in this, I’d be happy to share with my old strategies and more in depth explanations.
honestly those are great points dubbsy for affiliate marketing. Not letting your emotions get involved. Consider the scale of spending. The $10 vs $100 stock example can easily be translated to promoting a $3 offer vs a $30 payout offer. Planning ahead with a budget, a strategy, and accepted amount of risk, and a goal profit is a perfect approach to AM as opposed to just throwing camps out there and chasing them as they grow/bomb.
I’ll +1 for any trading strategies always something interesting to learn.
I’ll +1 for any trading strategies always something interesting to learn.
Yeah I’ve been writing up a post now for a strategy as it relates to the above.. but with my limited experience it’s hard to put something together that can be 1) concrete (was going to post and hope to have people rip it apart to make it solid) and 2) general to apply to everyone, without touching on a million different things… so I’ve been simplifying it to just these points:
Risk Amounts Per campaign (factors: offer pay out, traffic source [cost based on cpm], initial testing budget, when you can increase your risk amount [i.e. starting with 1k budget and moving up to a 5k budget means increasing your $100 risk per campaign to $500)
$Reinvestment (Factors: how to allocate towards new campaigns and current], )
Exit Points – both loss and exit (Factors: risk amount, targets, scalability, $reinvestment)
Everything else in terms of strategy I feel was sufficiently covered in the 40 day guide, and I know some exit points are covered as well, things like 2-3x offer pay out or 10x pay out, so mainly just the Reinvestment portion as well as risk amounts is what I was going to focus more on, and then how that ties into Exit Points and Campaign Management…which I feel can be compared to Trade Management as well:
Trading you want to let your winners run as long as they can, but there will always be draw backs (stock goes up $2 one day, down $1 next, up $4, down $2, up $3, down $2, etc…) and campaign ROI does the same… so knowing when to sit through a draw back and then when to realize a campaign had it’s run and it’s time to bail.
Campaign was making 100% ROI a day, then 80% then 90% then 70% then 100% then 40% then 50% then 30%… does that mean you should pause/switch up something to make a major shift?
Scotch… I’ll write up some strategies I used when I was trading in another post for everyone
I’ve been long AAPL and ISRG for a couple years. I recently sold my ISRG stock (bad move) to make some extremely risky moves since I’m still young. I’m now long AAPL, NFLX, MAKO and MCVE.PK. The last three stocks I purchased over the last couple months and have lost about 40% and are making me want to kill myself. I hate having to wait a few years to realize returns.
You know when you are a newb and ask how to cloak and people tell you to learn how to get positive ROI first than learn more. . .
I think stocks are the same.
How can you learn strategies and patterns if you don’t know what the stock is doing that’s why I always look at the MA before I look at anything else. You can learn a lot about a stock if you can see which MA it is following (not all stocks will follow the MA specially the more volatile ones).
I don’t believe in taking more than a 7% loss on ANY trade; that means I didn’t pick the right entry point so it’s time to get out before I loss money. If a stock is up 20% I also do not let that gain drop more than 7% once it gets there. People make the mistake of buy low watching it go lower and thinking that if they hold on the sinking ship will start to float again. I like to buy high, sell higher!
As far as emotions go think about this. . . when you make a trade and you lose money and you get out and then you check the stock a month later and its even LOWER you are HAPPY that you got out. When you are profiting and you sell then check it you’re mad. so money lose=happy, money gain=mad. . . it should be the other way around.
Hopefully someone finds that small bit of info useful!
Nice post Jonas… MA’s are helpful but the thing about them though is that they are a reflection of price, so all in all the MA is following the stock… Where they do actually become helpful is different MA’s for different time frames crossing can add weight to the probability of a trade goin in that direction (I used to use a 13 period MA and a 20 period for my shorter term trades, and a 20 & 40 for my longer term trades).
Price is always the only "real" aspect that matters, everything else is calculated from it, and price is live proof of where ppl are placing their money, so while indicators an tools are great for added weight to confirm a trade, they should never be a main reason to enter (from my experience at least, to each is own and dif methods work for dif ppl)
Side note for anyone tradin… Those consolidation periods (the circles in the chart ) mark a period of indecision, and generally a break out d that consolidation marks the direction of the stock, and it usually follows the previous trend… Always trade with the trend, best odds that way
what are some good resources you guys would recommend for someone interested in learning more about stocks? I’m not looking to jump in right now, but would like to familiarize myself with how it works and follow the market for a while.
KhanAcademy.org Has got some basic Stocks videos that you can stream for free.
Here’s the link to where the Stock Videos can be found:
Also the "The Intelligent Investor" by Benjamin Graham is a good source.
(I believe Benjamin Graham was Warren Buffet’s Mentor.)
Steezy- How to Make Money in Stocks: A Winning System in Good Times or Bad By: William J O’Neil. . . I have read several several books and this is the one that made it click for me ( I never bothered reading his other books). The one thing I would highly recommend though is find one system that you agree with and stick with that (think of it as a vertical). There are plenty of strategies that work you just have to take the time to learn them!
http://www.investopedia.com/ That site helped me learn terms and some other basic stuff. But open an account and paper trade until you feel comfortable with putting real money on the line. (I personally didn’t learn much until I put my hard earned cash on the line but paper trading is good if you can’t afford to lose money!)
dubbsy– I agree 100% you can’t just depend on MA alone, I was throwing it out there for people wanting to find a starting point. The reason being that I think it is a good starting point because you can usually use these MA’s as a measure of support and resistance!
I always have my prophet chart set with the 20, 30, 50, 200 MA’s. I can usually find a correlation with at least one of them.
Volume, volatility, patterns, current events (it’s definitely hard to absorb info without biased though), and a whole lot of other jazz have an effect on where the stock will lead. Even the open/close price gives you info about consumer confidence in the stock.
The reason why I do not dwell on price so much is because that will only tell me how much I stock I can buy not what direction that price will go in. I would rather own one stock that goes up 1000% than 100 stocks that move 2%.
and thanks for clarifying the consolidation periods that’s what I was trying to say!
Benjamin Graham was Warren Buffetts Mentor The Intelligent Investor is def. a good read.
it’s the STM of trading education 😉 They have chat rooms where they call plays during the day, newsletters, dvds, seminars, books, etc… Great service
@jonas, yeah I hear you, it’s cool talking trading, I haven’t spoke to someone about this in mad long, makes me want to get back into it haha, but I gotta get AM down first then head back in!
same here man I miss the days of margining my accounts and actually making money lol. But AM is to much of a challenge to pass up on.
thanks man. You seem to be pretty up on this shit – why’d you quit doing it?
The Article Published IN 08-18-2011 09:20 AM