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.)
If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
I’m always saying that the deciding to hold a stock is the same as deciding to buy it. Reviewing my charts asking the question; if I didn’t already own this stock would I buy it today?; I’ve decided to cull a few from my portfolio.
Culled;
SODA @ break even $38.28
LF @ $11.06: Gain of 3.75% or 0.15% of capital
DLR @ 75.64: Gain of 1.8% or0.34% of capital.
Had held these stocks for 4 weeks and they were going the wrong way.
Any Swing traders out there with a guideline on how long to hold a stock that's moving between the target and the stop?
It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.
Comment