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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I was considering not listing 3X uptrenders under 5.00 since the low priced jobs are so volatile and my list showed that 2 of the biggest losers (ACLS,TIII) started under 5.00. Then I looked up all the 3Xers under 5 and was surprised at the results. 9 out of 65 on the list were first posted at prices between 3.24 and 4.53. Here's what they did.
Date----Stock-----Price----------%Gain/Loss (either current price or high)
*NSU never dropped below 4.68 so that number was used to calculate gain
*WAVX never dropped below 4.30 " " " " "
So I'll keep posting even the under $5 stocks since only 2 were big losers more than redeemed by 5 big winners.
billy, I didn't have enough free cash to buy all of them. I gained on INTT (early sell, small gain), OPLK, NVMI, ICO, MGIC, TQNT but lost on AXTI, which I sold early at 7.24 a month or so ago. ORBK sold at break even in down market.
Overall a gain. But have learned from this that I would have to buy them all to have the best overall gain. Can't cherry pick only winners.
Like MrM's picks, all or none to match his results. Can't cherry pick just a few.
But, both of you are getting great results overall. Your system appears to be working really well. MrM's system is also working well.
billy, I didn't have enough free cash to buy all of them. I gained on INTT (early sell, small gain), OPLK, NVMI, ICO, MGIC, TQNT but lost on AXTI, which I sold early at 7.24 a month or so ago. ORBK sold at break even in down market.
Overall a gain. But have learned from this that I would have to buy them all to have the best overall gain. Can't cherry pick only winners.
Like MrM's picks, all or none to match his results. Can't cherry pick just a few.
But, both of you are getting great results overall. Your system appears to be working really well. MrM's system is also working well.
Did you daytrade most of those or any of those? How long were you holding before you sold? Did you profit on ALL of them?
Did you daytrade most of those or any of those? How long were you holding before you sold? Did you profit on ALL of them?
no day trades. held on to try for 15%. made it with the majority. sold three with profit before it disappeared when market started tanking a couple of days in a row. turns out was a good thing as they kept going down.
no day trades. held on to try for 15%. made it with the majority. sold three with profit before it disappeared when market started tanking a couple of days in a row. turns out was a good thing as they kept going down.
So you were holding those for at least a month?
Did you play the option calls on any of those? You realize the options for stock that goes up 15% would up 100%-300%+!
BRNC bumped up to 11.00 today because of a buyout agreement with Chesapeake for $315M, or ~$11.00. Not sure how much more this will go up. There is an apparent shareholder investigation over the buyout price brewing though.
Did you play the option calls on any of those? You realize the options for stock that goes up 15% would up 100%-300%+!
yes. but I'm not good at options. some people are, some not. got my option stake wiped out once. still have bitter taste. yeah, i've taken the courses, read the books. have hole in my brain also when it comes to certain physics, esp. optics & elect circuits. so, figure options a hole too. playing only to my strenghs.
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