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.
Thnx jiesen, ski and drutz. I'll step up again this week.
Same rules, with this addition: For Monday's pick, you have the flexibility to wait until 12pm Eastern to select your pick and entry time. Just make the call any time before 12 and you'll be in at the open price of the next 1 min bar after your post time.
Why do this? It gives us TA knuckleheads the option of timing our picks to the max, and you fundies the option of getting out of bed late, to scratch your heads, close your eyes, sniff the wind, squint, fart and make your picks during gentlemenly leisurely business hours.
I would like you join you for the portfolio of the week, looks like fun. I would like to go with FDG. It has a nice big dividend coming in 2 weeks so hopefully it will have a run up the week before.
Hey Spike, I didn't play last week.... EXACTLY what are the rules here again?
Hey.
OK, rules are these:
1. One pick only (short or long).
2. All orders welcome (stop loss, buy limit, sell limit, buy stop, sell stop). Market orders will be executed at the opening price of next 1 min candle. Limit orders will execute at your stated price when price hits it. Stops will be executed at stated price (or in the event price trades through your price execution will be whereever it does trade).
3. Intraday switchout of picks (i.e. daytrading) is welcome.
4. If your target or stop is hit you may immediately trade again with any order you like. Market orders will be at the next 1 minute candle opening trade price after your post is time-stamped. No editing of posts; a fresh post if you change your instructions.
5. You may end any day flat if you wish and open fresh position the next day, or let it ride.
6. Orders are inactive afterhours and premarket. Trading only during regular hours. Any price movement outside regular market hours is a locked in ride for you.
7. If a stock is halted you get the last trade price.
8. Opening pick for Monday has a 12pm eastern deadline.
Comment