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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Bought in the mid $4's sold in the low $5's
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Post by Snowballer on Aug 01, 2023 2:15pm

Bought in the mid $4's sold in the low $5's

Incase some of my stockers out there think I claim to have bought the bottom (I did not) or sell the top (I did not) and why anyone would care if I'm even lying (which I am not) is curious to say the least. It's the interent lol get over yourselves.

A helpful tip to those who fall in love with a stock.. don't! Easier to take profit and easier to be patient buying back a position.

Tip of the week, free of charge: Anytime a stock gets reject at the 200DMA is a bearish signal. If it tries again and succeeds that is bullish. Many good traders will wait for it to cross the 200DMA, let it re-test it and then if confirmed, buy into the confirmed bull market of the stock.

Finding the bottom's or top's are fun, but it's easier to get the middle slice of the cake. GL longs, traders and shorts. I do not discriminate cause I have an open mind :)
Comment by Snowballer on Aug 01, 2023 2:16pm
*Stalkers lol
Comment by AndrewWiggin on Aug 01, 2023 2:31pm
Bingo!  That's the magic formula for commodity based stocks.  When they go up, sell!!!!!! 
Comment by riski on Aug 01, 2023 2:42pm
Interesting information Snow. I don't jump in and out, so I can't really comment or relate to your signals. But I will tweak your falling in love comment. I would agree that it's dangerous to get married to a stock. From my perspective, it's important to know what changes would cause me to sell. It's also important to be able to argue the bear thesis for what I own. All of this ...more  
Comment by masfortuna on Aug 01, 2023 5:33pm
I have np with that.  I am just saying (as I have said before) if you want to let us know what your results are for the sake of bragging rights, then all the power to you BUT your posts won't help any body UNLESS YOU POST IN THEM "I am buying now because I think this is a good entry OR I am selling now because I think this will drop. Unless you do that, the posts are just posts that ...more  
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