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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Scifos,
Switch ages with me and my entire portfolio is yours.
billyjoe
Scifos.... Your life has just begun dude!
When I turned 23 (20 years ago) I had been running my own business (machine shop) for about six months. I lived in a one bedroom apartment with my wife, we had been married for two and a half years. I delivered parts to my customers in a 1965 Ford stationwagon.... I'd set up a job on a manual vertical milling machine and get my wife to run the parts. She was a pretty good machine operator.lol I had an old couch in the shop that I would sleep on for an hour or two because I worked so many hours without going home and I was delerious from lack of sleep. I bought my first CNC Machining Center with cash before I was 24. I never thought about my salary, just wanted to do a good job for my customers. Those were the days!....
I didn't trade stocks till I was about 27 and I didn't even know what a moving average was, had never heard of IBD.... nor did I have a PC.... I paid a lot of money to the stock market school of hard knocks too. I wish my knowledge of the markets at age 30 was what your is now at 23.... You already have a huuuge edge fella.... Give em heck!.... and don't waste time, it's very precious.
Thanks everyone. I did wear green, and I do count myself lucky that I have a lot of investing years ahead of me and a HUGE group of very smart people here.
I didn't trade stocks till I was about 27 and I didn't even know what a moving average was, had never heard of IBD.... nor did I have a PC.... I paid a lot of money to the stock market school of hard knocks too. I wish my knowledge of the markets at age 30 was what your is now at 23.... You already have a huuuge edge fella.... Give em heck!.... and don't waste time, it's very precious.
Lye, I love your story. But I have to say u are young as well. I guess everything is relative .. i'll be 49 on 9/11 ... and just began trading this past september ... still: i wouldn't change my past or my future with anyone else's. I think u feel the same
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