I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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How come you don't use limit orders again? I'm sure you've been asked why before; just don't make sense. It's like the lottery; ya gotta be in it to win it dude lol One day you might get an afterhours spike to your order 6 months before regular hours trading gets there. Not to mention, a spike up to your price may get sold and it's the top for another 6 months or forever lol. I hate to be critical of a genius, but duuuuude! limit orders are moltogoodo! heh
How come you don't use limit orders again? I'm sure you've been asked why before; just don't make sense. It's like the lottery; ya gotta be in it to win it dude lol One day you might get an afterhours spike to your order 6 months before regular hours trading gets there. Not to mention, a spike up to your price may get sold and it's the top for another 6 months or forever lol. I hate to be critical of a genius, but duuuuude! limit orders are moltogoodo! heh
I don't know...I guess it's the same reason I like watching the football games I bet on.
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I am HUGE! Bring me your finest meats and cheeses.
oops...it it my target again and I didn't get to sell it. Now earnings are going to come out and it will crash. Am I a loser or what?
It's just like I told Jiesen: you are a 100% stock picker, and a 91% stock seller. The worst part about it--apparently you don't need the money--is that all us MM hanger-on types miss out on your next data dump. That alone is enough to turn the US economy down! For the sake of the good old USA--please use limit orders
MM,
My TA shows a strong case that QSII is going to 100 in the weeks ahead, so don't worry too much.
But I agree that you should be using limit orders.
I promise if it opens above my target tomorrow that I will sell it (if I remember).
This made me feel better......... I have missed my target on cib and RIO due to not looking and no stops... I lie to myself and say "I need to hold it for a Yr." But I know I am lying to myself.
This made me feel better......... I have missed my target on cib and RIO due to not looking and no stops... I lie to myself and say "I need to hold it for a Yr." But I know I am lying to myself.
I do admire you.
for my stock picking or for my pecs?
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I am HUGE! Bring me your finest meats and cheeses.
I may be completely wrong but this is why. I do not have alot of free cash to put into stocks. When I figure out what I pay for taxes if I sell before the yr. I end up maybe 200 ahead. When I am able to hold for the yr the tax is alot lower. Am I wrong?
Let me clarify a bit more. Right now I am up 31.39% on CIB, RIO 24.06%. My goal was 45% on CIB and 35% on RIO. I didnt put stops in so I lost my goal. If I am wrong on the tax thingy, let me know.
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