Portfolio of the Week

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  • Thumbs up to Webs for the nice pick, congrats. And a couple more thumbs up to Spike. Great presentation and fun to watch also.
    THanks
    Dru

    Comment

    • Websman
      Senior Member
      • Apr 2004
      • 5545

      Wow! It's Saturday afternoon and I just found out that I won! Cool!

      I'll try to find a new pick tomorrow.

      Comment

      • spikefader
        Senior Member
        • Apr 2004
        • 7175

        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.

        Good luck all.

        Comment

        • dmk112
          Senior Member
          • Nov 2004
          • 1759

          Spike, do I have this correct? Let's say stock A goes up 20% @ 10am-11am, I post before 12pm and I get he open price, so an automatic 20%???
          http://twitter.com/DMK112

          Comment

          • spikefader
            Senior Member
            • Apr 2004
            • 7175

            LOL you better read my post a little slower dude! heh I said, "you'll be in at the open price of the next 1 min bar after your post time".

            Comment

            • Websman
              Senior Member
              • Apr 2004
              • 5545

              I'll go with AOB again, and at whatever price it opens at...

              Comment

              • dmk112
                Senior Member
                • Nov 2004
                • 1759

                Originally posted by spikefader
                LOL you better read my post a little slower dude! heh I said, "you'll be in at the open price of the next 1 min bar after your post time".

                LOL I think i read the part where you said "you'll be in at the open price" and I stopped...hehe sorry about that
                http://twitter.com/DMK112

                Comment


                • 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.

                  Comment

                  • dmk112
                    Senior Member
                    • Nov 2004
                    • 1759

                    I'm going with DXPE (long) RML (short)
                    http://twitter.com/DMK112

                    Comment

                    • Lyehopper
                      Senior Member
                      • Jan 2004
                      • 3678

                      I thought you could only pick one stock.

                      Originally posted by dmk112
                      I'm going with DXPE (long) RML (short)

                      Hey Spike, I didn't play last week.... EXACTLY what are the rules here again?
                      BEEF!... it's whats for dinner!

                      Comment

                      • jiesen
                        Senior Member
                        • Sep 2003
                        • 5321

                        I'm still sticking with my same pick as last week. No limit this time.

                        Comment

                        • skiracer
                          Senior Member
                          • Dec 2004
                          • 6314

                          ABAX - long
                          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                          Comment


                          • VPHM long.

                            Comment

                            • IIC
                              Senior Member
                              • Nov 2003
                              • 14938

                              KG long...closed at 15.38 on Friday
                              "Trade What Is Happening...Not What You Think Is Gonna Happen"

                              Find Tomorrow's Winners At SharpTraders.com

                              Follow Me On Twitter

                              Comment

                              • spikefader
                                Senior Member
                                • Apr 2004
                                • 7175

                                Originally posted by Lyehopper
                                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.

                                I'll post my pick tomorrow morning before 12.

                                Good luck all.

                                Comment

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