New Year Investing Resolutions

[billyjoe]

I will only purchase stocks that meet my predetermined set of standards. Well, some Mr.Market selections may also be purchased, but no other exceptions.
billyjoe

[Runner]

I will not chase stocks any longer and ensure I have a plan before I make the trade. I will focus more on buying support and selling resistance. I will use more limit orders to ensure against slippage. I will improve my exit strategy because after all this is where the money is made. I will have 2 trading accounts open one for longer term and one for swing trading. I will take a break when my brain gets burned out. I will continue my education in the market. I will study past mistakes and learn what I did wrong. I will continue to take things one day at a time and be flexible with all things that are in motion.

[Websman]

I will start weight training every afternoon so I can be as huge as $$$Mr Market$$$!

[IIC]

I will make 200%+ in 2005.

Of course, that was my 2004 resolution too...and I didn't make it...but I did OK...tough market year in '04 IMO...but I'll take it. Of course, there are 2 days left...if I can catch an SPEA...Hmm

[scifos]

I will have fun. This isn't my job or anything.

Oh, and I will have a 100% gainer.

[Jaws57]

Once one of my MMarkets picks hits 15% gain, I will sell it via a limit order if I am not actively watching the computer, or if I try to play it for 16-20% or more I will take 10% or whatever if the market turns against me.
I could have had 15+% with SSNC but ended up selling at 45% loss. No more!!

Happy New Year

Jaws57

[canaveraldan]

1) I will sell if a stock declines 8% after buy point.
2) Continue to study the market.

[RL]

In 99 lost over 50% In our IRA thought the company would not let that happen duh. Wife retired In 2000 put her money Into Ameritrade studied IBD and used the canslim method. Lost 20% made back about 5% In 2001. Even for 2002 Started throwing darts In 2003, up 37% 2004 up 55%.Making aprox $375 a week So I'm going to keep on throwing darts untill the market reverses than I'm only going to throw at commoditie related stocks Railroads,Transports,Steel ,coal, gambling, etc.

Hope everyone on this board has a GREAT NEW YEAR
and A fantastic 2005

[Websman]

I will start weight training every afternoon so I can be as huge as $$$Mr Market$$$!

OK, since we're bieng serious....or as I like to say Sirius...

1. I am shooting for no less than a 100% gain for 2005. I like IIC's goal of 200%...1000% would be even better, but I'll take 100%.

2. I'll keep working towards my goal of building my 457 account to the two million dollar mark. That would supplement my pension nicely.

3. I'm trading tax free, but I will open an account with Scottrade before April. This will give me two accounts to work from. One tax free and one not.

4. I will use more common sense in my trades.

5. I will look for more stocks that haven't been noticed yet, like I did with SIRI. SIRI made my account this year.

6. I will diversify a little more.

7. I will look back at 2004 and smile when I remember that my first year of trading was very successful!

This has been a fun year. Let's all make a lot of $$$ next year!

Webs...

[billyjoe]

I'm changing my resolutions somewhat since there's 7 1/2 hours left till 2005 and I want next year to be fun, challenging, and very interesting.
There will be 4 billyjoe portfolios:

1. Will consist of Mr. Market type stocks very oriented towards earnings and performance during the previous 9 months. Most of my funds will be in this portfolio.

2. Similar to the above , but will all be stocks priced at 15.00 or less

3. Analysts darlings and special situations that are decent fundamentally and technically

4. Pure speculation , stocks out of control, irrationally on the upswing, once in a lifetime stocks that come along at least a couple times each year

I'll try to keep track of the performance of these, somebody out there remind me every 3 months or so. There probably won't be lots of activity in 3 and 4.
billyjoe

[scifos]

I will have fun. This isn't my job or anything.

Oh, and I will have a 100% gainer.

No 100% gainer this year, but I did have a lot of fun. And paid for my engagement ring.

[sowersnc]

1) I will learn to wait before I buy. I have been guilty of chasing a hot one and getting crushed. I must buy quality stocks on weakness.

2) It is ok to have a cash balance in my accounts, I do not always have to be in stocks at all times during the year.

3) I will learn more about options and make my first options trade.

4) I will learn more about the trends that happen during the end of a quarter and during options expiration.

5) Patience

[Websman]

I will not reach my goal of a 100% return for 2005. Therefore I must hang my Vulcan head in shame....

[skiracer]

I really have to stop swearing as much as I do publicly.
I'm blessed with so much I should never let anger into my life. Something I could work on.

[IIC]

No 100% gainer this year, but I did have a lot of fun. And paid for my engagement ring.

I'm glad to hear that you were able to buy your own engagement ring...Maybe next year you can buy your girlfriend one???...LOL