Stenzrob's specials

[peanuts]

So, back to MY positions. News from FTEK today about more orders in the US. This is in addition to their burgeoning business in China and elsewhere in Asia. Looks like this will open up. FTEK is currently my largest position.

looks interesting. I'll be cautiously watching it. Looks like a small gap way back at 11 and change, but I'm not sure if it's on its way to fill that gap or if the news will catapult the price.

So, back to MY positions. News from FTEK today about more orders in the US. This is in addition to their burgeoning business in China and elsewhere in Asia. Looks like this will open up. FTEK is currently my largest position.

[peanuts]

aha, a challenge

Peanuts,
I'm not out to discredit you but please post those trades when you are ready to take them or at the point of buying them because I'm from Missouri an I really have to see it beforehand.

That's OK, I'd rather interact with critical thinkers. Would you care to do this publicly or privately? I'd prefer privately because some of the trades I make are on low volume / low float stocks and the price can be manipulated by others. Some think I'm crazy for thinking this, but I feel more comfortable about my trades when I keep them to myself. Maybe another thread should be created for some of the others (rather than use Stenzrob's thread)... I'll let you create the thread if you want.

I've been at this for probably longer than you are old and my account balance is decent.

You're probably right. Some people swear that fresh ideas are needed and innovation and expansion are the best ways to maintain that cutting edge character to some of the top entities.

I also know every trade trigger, entry, and stop an exit as if I had it tattoed on my forehead so when someone states what you have stated to me about not remembering or forgetting the particulars I have to question that. I'm operating with a decent amount an I know where every penny is at every moment an all the particulars that go with the trades.

I don't know to what you are referring. Did I say that I forgot something? All my trades are documented in my Ameritrade account. I do my own taxes each year, so I know what my capital gains are. I'm impressed that you know where all your money is at all times... I don't do that, I'd probably lose my hair at a much faster rate if I did. Like I said, I have a real day job, so my ability to watch all my portfolios at the same time and know what's going on with each stock is a tough thing to do. Some intra-day trading opportunities arrise and I'll take time out of the day to do that, or if I'm not too busy at work, I'll come to this site and also periodically check my ST and MT accounts. Trade triggers work well for me.

Don't disillusion yourself about that job thing. Start trading for a living and depend on those earnings to provide a living for you an your family and without any backup an you'll see the difference and won't be wondering about why you don't have a job because you'll be looking for a good paying one.

HAHAHA Thanks for the words of encouragement. I hear that Starbucks give benefits for part time workers. I can pour coffee just as easily as I manage the sales for my co. Trading each day might not be best thing for me (the extent of my family), but a man can have dreams, right?

[skiracer]

[QUOTE=peanuts]I hold three separate portfolios: short, mid, and long term. My short term stocks are good for anywhere from 6 to 14% quick moves... maybe in the same day, but they usually make these moves within a week. I call that easy money, because it doesn't take too much DD or TA to figure out which stocks are good for these types of moves, it doesn't take long to make the targeted gains, and I can do all of it with trade triggers. I use other people's ideas a lot because I don't have a screener for this portfolio, therefore, I don't trade all that often in it (maybe 2 trades a week). For these ST picks, I do set stop losses. I don't keep track of my record, but I do have more wins than losses... and the losses were kept to a minimum. Sometimes, I will short term trade my long term or mid term picks.

Basically, I call it "easy money" because a lot of the time I'll check my trades and say to myself, "man, that was easy"... and then I wonder why I still have a regular job.

Peanuts,
I'm not out to discredit you but please post those trades when you are ready to take them or at the point of buying them because I'm from Missouri an I really have to see it beforehand. I've been at this for probably longer than you are old and my account balance is decent. I have never called any trade easy money or found any trade to be easy money where it was like I knew it was money in the bank. The best that I have ever done for myself is to limit the losses and find the best r/r for myself. I also know every trade trigger, entry, and stop an exit as if I had it tattoed on my forehead so when someone states what you have stated to me about not remembering or forgetting the particulars I have to question that. I'm operating with a decent amount an I know where every penny is at every moment an all the particulars that go with the trades. Don't disillusion yourself about that job thing. Start trading for a living and depend on those earnings to provide a living for you an your family and without any backup an you'll see the difference and won't be wondering about why you don't have a job because you'll be looking for a good paying one.

[peanuts]

"easy money"

Easy money. You have used that phrase several times now. I do not understand that phrase. Don't believe such a thing exists. Maybe it's a no-brainer, I'm qualified to trade those!

I hold three separate portfolios: short, mid, and long term. My short term stocks are good for anywhere from 6 to 14% quick moves... maybe in the same day, but they usually make these moves within a week. I call that easy money, because it doesn't take too much DD or TA to figure out which stocks are good for these types of moves, it doesn't take long to make the targeted gains, and I can do all of it with trade triggers. I use other people's ideas a lot because I don't have a screener for this portfolio, therefore, I don't trade all that often in it (maybe 2 trades a week). For these ST picks, I do set stop losses. I don't keep track of my record, but I do have more wins than losses... and the losses were kept to a minimum. Sometimes, I will short term trade my long term or mid term picks.

Basically, I call it "easy money" because a lot of the time I'll check my trades and say to myself, "man, that was easy"... and then I wonder why I still have a regular job.

no brainers, to me are trades that take absolutely no thought... I've yet to not think about my trades, but I think "easy money" and "no-brainers" are pretty much the same thing :^)

... ballsy, but if SIM still behaves the way it has been, you'll make some easy money. :^) good luck

Easy money. You have used that phrase several times now. I do not understand that phrase. Don't believe such a thing exists. Maybe it's a no-brainer, I'm qualified to trade those!

[peanuts]

This is an interesting little company, peanuts. Haven't bought any yet, but if I do, I'm not sure I would sell at 2.9. Might just wait for a bigger spike. I'll keep an eye on it for a while.

I am disappointed with this week's TIII performance, but long term, I am 100% on your side here. TIII feels like a multi-bagger over the long term (1+ years). I am holding a relatively small amount in my LT portfolio. I may add to my short term portfolio when it starts to go back up. I'll hold onto what I have for now.

I looked at SIM all day but for some reason I just could not hit the buy button. I even wrote an order, but didn't click the buy. I think you made a good call... ballsy, but if SIM still behaves the way it has been, you'll make some easy money. :^) good luck

stenzrob,

buy TIII today at 2.6, sell next week at 2.9

Easy money

don't buy too much... volume is low and someone will notice what you are trying to do

btw: nice trading

This is an interesting little company, peanuts. Haven't bought any yet, but if I do, I'm not sure I would sell at 2.9. Might just wait for a bigger spike. I'll keep an eye on it for a while.

Back into SIM yet again today at $6.80. Again, bought when this was down while other steels were up. With the finish in the last half hour, position is up 4% so far.

I think that the ADR ratio changed today - the underlying Mexican stock split 3:1, but SIM the ADR did not.

[peanuts]

Out of SIM again at 7.25.
Bought at 6.51 yesterday.
11%, one day. Like peanuts said - don't get greedy.

stenzrob,

buy TIII today at 2.6, sell next week at 2.9

Easy money

don't buy too much... volume is low and someone will notice what you are trying to do

btw: nice trading

Nice trading! You got in yesterday one cent above the low and out today three cents below the high. Impressive!

Again I looked at STLD to compare. At the time I sold, SIM was up 3 times as much % as STLD. If this busts through and runs back to $8 or more, the trading won't be so impressive. My largest positions are still FTEK and PARL, followed closely by VTIV and CRYP.

Nice trading! You got in yesterday one cent above the low and out today three cents below the high. Impressive!

I like SIM for easy 6-10% moves. I try not to get greedy, but I got burned once when I bought at 7.75... damn! Their operations are impressive.

Out of SIM again at 7.25.
Bought at 6.51 yesterday.
11%, one day. Like peanuts said - don't get greedy.

[peanuts]

Peanuts,
Which on your list impress you ?

billyjoe

I am fond of NSS for personal reasons- my long term holding this year. I also like POSCO (PKX) and US Steel (X)

The smaller caps can be played for short term gains.

I only buy the profitable companies, but WPSC could be huge... litigation will go their way against Massey Fergusson, but they won't see a cent for years. And, they have a great galvanizing line that will see huge demand from the highway bill passed last year.

I like SIM for easy 6-10% moves. I try not to get greedy, but I got burned once when I bought at 7.75... damn! Their operations are impressive.

NUE is overpriced at $125, in my opinion... but that doesn't mean it could not go higher.

The specialty steel makers are where it's at: CRS, PCP, USAP, ATI... they're hot

Raw material suppliers will be great for the long term... RIO, CLF

And I like CECE for the environmental legislation that the industry will have to face sooner or later.

If you have any company-specific questions, please private message me.

[billyjoe]

Peanuts,
Which on your list impress you ?

billyjoe