Peanut's Potent Plethora of Profit

[Lyehopper]

It is my personality. I grew up in a large family, and I was the only boy. I have always craved attention.

I knew you were raised by women! jejeje

[skiracer]

It is my personality. I grew up in a large family, and I was the only boy. I have always craved attention. It is a personaility issue that I am aware of, but also something that I just can't stop. I can't do it, I NEED that attention. If I have to shove my trades down people's throats to get that attention, I will. The simple fact that I know that I did well on a trade just isn't enough. I guess I need that little pat on the head and "good boy" from someone else.

There is also an issue of validity. Anyone can say, "bought 1 block of XYZ at $10" and then later say, "sold 1 block at $11" But, how is anyone supposed to blindly believe this person? To post the screen shot proves the trade, and should also confirm that the person behind the words is not some kind of scam artist or or just someone that says something just to say it. It's not like I included my account balance and such... just the trade that I posted.

What I post is what I actually do in life (with the exception of POTW). There are stocks in my portfolio, which are posted here, that are down 20+% from my entry. If someone were to point that out, I would certainly entertain their comments.

I really appreciate the congrats and such from everyone. It really means something to me.

Decent show of character Peanuts. Knowing your parameters and who you are is a good trait. Admitting to those traits in front of everyone takes some backbone. I don't know how the conversation got to posting about your account but you don't have to verify anything to me anytime. I don't think it's necessary here at all. We all operate on trusting everyone else here for what they post. Glad to see that you're doing as well as you are at the moment. I do know that there are some on the negative side but everyone has them. Good luck.

[peanuts]

I knew you were raised by women! jejeje

The crap I had to go through...

and yes, you called me out on this a few months back. I must be one of the "sensitive" East Coast guys

[DSteckler]

I have always craved attention.

Buy a dog. <g>

[peanuts]

Buy a dog. <g>

done.

Her name is River. I taught her to give me a high five. You should see her catch a frisbee. She retrieves my golf shots for me too. I have no need to go to a driving range.

[IIC]

Sheesh Doug! The freakin' trade was a little over $7,700!.... I'd say most here have $7,700 in their account. Get over it already!

I'll say it again.... YOU ARE HUUUUGE peanuts!

SWEET TRADE on HOKU DUDE!!!!

It doesn't matter one way or the other to me if the trade was $770 or $770,000...It was a good trade period...But I don't see why anyone has to prove a trade...I think most are simply looking for ideas that they may be able to utilize...Personally, I try to put out a lot of ideas with my charts and lists...Hardly means that I will ever trade 95%+ of them...But hopefully some find a few ideas from what I post once in a while.

Yesterday I was driving around and caught a little of Cramer's radio show...I don't know if this was BS or not...But he was talking about the Wall Street types who are obsessed by money...He said he was once like that...Now he claims that he makes a lot less doing the Street and his shows...But he gets more satisfaction trying to help people invest...True or not... as I figure he still makes a heckuva a lot more than I do...But I like to try to help people when I can...I expect nothing in return...And I appreciate those who try to help me.

I'm not here for any recognition...Sure, I enjoy it as much as the next guy...But I get more satisfaction from someone who emails me and thanks me for some help I might have offered...I may not be the best...But I try...Best, Doug(IIC)

[peanuts]

It doesn't matter one way or the other to me if the trade was $770 or $770,000...It was a good trade period...But I don't see why anyone has to prove a trade...I think most are simply looking for ideas that they may be able to utilize...Personally, I try to put out a lot of ideas with my charts and lists...Hardly means that I will ever trade 95%+ of them...But hopefully some find a few ideas from what I post once in a while.

Yesterday I was driving around and caught a little of Cramer's radio show...I don't know if this was BS or not...But he was talking about the Wall Street types who are obsessed by money...He said he was once like that...Now he claims that he makes a lot less doing the Street and his shows...But he gets more satisfaction trying to help people invest...True or not... as I figure he still makes a heckuva a lot more than I do...But I like to try to help people when I can...I expect nothing in return...And I appreciate those who try to help me.

I'm not here for any recognition...Sure, I enjoy it as much as the next guy...But I get more satisfaction from someone who emails me and thanks me for some help I might have offered...I may not be the best...But I try...Best, Doug(IIC)

I totally disagree with the notion that the best way to come up with a good idea is to come up with a lot of ideas. There's too much garbage in the mix to find the gem. I suggest concentrating on a winning concept. Learn everything there is to know about it and capitalize on its weaknesses and strengths. With too many ideas, you lose confidence in that one idea that may turn out to be great. With a tried and true concept, you can be confident in your approach and know when things aren't going your way and when you really have a winner on your hands.

I'll take a consistent hitter over a slugger that strikes out a lot, anyday. I feel that my approach to investing is: consistency in a narrow framework of trading. I am right more than I am wrong, and THAT is what matters. Base hits and good defense is what wins a baseball game, not home runs. Home runs sure help, however, and have been the determining factor in many games, but who is a consistent home run hitter? And, how many players in the league are like this? The same thing goes for stocks.

[DSteckler]

done.

Her name is River. I taught her to give me a high five. You should see her catch a frisbee. She retrieves my golf shots for me too. I have no need to go to a driving range.

With those eyes and teeth you should have named her Cujo <VBG>.

[peanuts]

last week's results:

IBD 100:
HITT $42.10
FTO $33.99
CTCM $22.43
FMD $51.95
WNR $24.27
CTRP $49.47
LMS $28.33


CANSLIM:
GI $70.16
ALY $16.60
CACB $36.03
MRO $87.21

Major Indices move last week: DOW: -0.86%, NAZ: -1.09%, S&P500: -0.55%

TICKER, $beginning price, $ending price, 1 week % return (positive or negative)

IBD 100:
HITT, 42.10, 41.70, -0.95%
FTO, 33.99, 35.63, 4.82%
CTCM, 22.43, 22.47, 0.18%
FMD, 51.95, 53.15, 2.31%
WNR, 24.27, 25.99, 7.09%
CTRP, 49.47, 50.52, 2.12%
LMS, 28.33, 25.22, -10.98%

CANSLIM:
GI, 70.16, 71.79, 2.32%
ALY, 16.60, 17.73, 6.81%
CACB, 36.03, 34.05, -5.50%
MRO, 87.21, 92.13, 5.64%

All major indices were down slightly on lower than average volume for the week. They have ended the week above support levels. Bearishness is still present in the market, so a significant drop should not be discounted. If a new bull market is going to develop, it will be on high volume and new market leaders will be established. Sector watchlists should be able to help you to find these new leaders.

[IIC]

I totally disagree with the notion that the best way to come up with a good idea is to come up with a lot of ideas. There's too much garbage in the mix to find the gem. I suggest concentrating on a winning concept. Learn everything there is to know about it and capitalize on its weaknesses and strengths. With too many ideas, you lose confidence in that one idea that may turn out to be great. With a tried and true concept, you can be confident in your approach and know when things aren't going your way and when you really have a winner on your hands.

I'll take a consistent hitter over a slugger that strikes out a lot, anyday. I feel that my approach to investing is: consistency in a narrow framework of trading. I am right more than I am wrong, and THAT is what matters. Base hits and good defense is what wins a baseball game, not home runs. Home runs sure help, however, and have been the determining factor in many games, but who is a consistent home run hitter? And, how many players in the league are like this? The same thing goes for stocks.

Well...we are all different...I prefer to be a generalist rather than a specialist...And that does not simply apply to the markets.

It is great to be a specialist in the market...until your plan doesn't work anymore. I know you hear so-called experts claim that nothing changes...History keeps repeating itself...Well, I don't believe that. And I think the failure of CANSLIM over the past few years helps make my point. So what if it worked for 100 years?...It is not working now.

Hopefully, you won't get irritated by my mention of CS...I'm just using that as an example. I think people need to be flexible and adaptable in these Dynamic times....Best, Doug

[peanuts]

8/25/06 screen results:

The IBD Weekly Screen

IBD 100:
DK $21.62
FTO $35.63
WNR $25.99
HITT $41.70
HWCC $22.25
FMD $53.15
CTCM $22.47
HOC $50.08
CTRP $50.52

CANSLIM:
CACB $34.05

[Runner]

Peanuts I congratulate you on your huge trade. I for one have not caught one that huge this entire year. Now since you posted some numbers I’ll throw this out there. If your account size were under 50K I would classify that trade as a gunslinger. The numbers you posted impress many but I do not see the entire equation to the trade and just the results. How much risk, Percent of account riding this trade? Stop point? I don’t need the answers to the questions, as it is not my business. Just wanted to throw this out their so some new guy doesn’t try to bet his entire account on a gunslinger and flush out down the tubes.

[peanuts]

Peanuts I congratulate you on your huge trade. I for one have not caught one that huge this entire year. Now since you posted some numbers I’ll throw this out there. If your account size were under 50K I would classify that trade as a gunslinger. The numbers you posted impress many but I do not see the entire equation to the trade and just the results. How much risk, Percent of account riding this trade? Stop point? I don’t need the answers to the questions, as it is not my business. Just wanted to throw this out their so some new guy doesn’t try to bet his entire account on a gunslinger and flush out down the tubes.

That's excellent point that you make. This certainly is not something to bet the farm on... Weighing risk with return is essential to any trade, and the larger percentage of your portfolio, the higher the risk factor becomes.

I'd rather not discuss the percentage of my portfolio that the trade encompassed, but I will say that I keep about 10K to make these types of trades in my ST account.

[skiracer]

That's excellent point that you make. This certainly is not something to bet the farm on... Weighing risk with return is essential to any trade, and the larger percentage of your portfolio, the higher the risk factor becomes.

I'd rather not discuss the percentage of my portfolio that the trade encompassed, but I will say that I keep about 10K to make these types of trades in my ST account.

I think Runner was talking about the plan involving the trade. The risk vs the return, the stop, and targetted exit. Not so much the percentage of your total portfolio value that the trade encompassed. Catching winners like HOKU is hard enough. It then becomes maximizing the total opportunity to get the most out of the play that becomes important while protecting the gains. Working towards controlling that is the next step forward with these opportunities.

[Runner]

Here is how I read it. Say one used 10K account for this trade. He would have to put up 11% of this 10K in order to purchase the shares of 2,240. Using 3.49 entry and stop at 3.00 or .49 the R/R is 1.4 at target of 4.19. This account would be risking 1,099.60 and potential profit of 1,566. Entry to stop is –14.04% and Entry to Target 20.06%.
Estimated cost of trade would be around 7,819.60

I view anything over 1.0 R/R as pretty good and so if this system could be duplicated it would prove or test out as profitable. Problem I see is 10K with 11% of account on the table for this one bet.