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.)
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Can't figure out how to edit my profile so I can send/receive private messages.... Please Advise.
Might be this afternoon before I can get back W/you.... I'm slammed this morning.
Lye,
Very simple. Click on User CP directly above Reply To Thread. Click on Edit Options. Scroll down to Private Messages section an enable private messages. You must have it in disabled mode.
Everyone: jiesen made +$389.60 and not +260. No change is top 3 however; he still got 3rd.
OK Lye I'll run it 1 more week and I'll see how I am for time after that.
The same rules apply, with the exception of 3 additional rules:
1. We are battling it out for best % gain/loss for the week only; i.e I won't be using 10K to calculate totals. I will enter 1 share into QT for each pick, and take the % reading off that 1 share. I will round off that percentage figure to 2 decimal places. The person with highest grand total % figure wins. A tie and it's a dance off.
2. Daytrading still welcome, but it's gonna cost. First 2 picks are free, beyond that, it costs you 0.1% per round trip. So 12 round trips and you've lost 1% of your winnings. You had 7 r/ts Lye, so that's -0.5% from your +4.49% total, and might make the difference between 2nd and 3rd
3. After hours and premarket trading is allowed but the 1 minute rule applies and there has to be an actual trade in the chart occuring at your price or better; it can't be just off bid/ask prices. So explaining those 2; you post the instructions, I look at your post time and then I add 1 minute to it, and that's when I start looking on the chart for the fill of your order of an actual trade recorded on the chart. If there's no real trade, then you're not filled.
Good weekends all.
I'm liking the "polished" rules very much... You're the best, Spike!
I like your pick this week Doug. I've had my eye on this one last week for a possible play this week. Not in the game but for a possible position. Good luck, I might be rooting for you to win. Anyway I probably should stick with ABAX because if the markets fool us and reverse direction this one will take off but I'm torn between ABAX and SNAK.
What's the rule on "cash"?.... if we settle out of a position must we immediatly take up another position or can we sit in "cash" for the rest of the day, week etc?
The "trade by noon rule on Monday" is still in effect right?
What's the rule on "cash"?.... if we settle out of a position must we immediatly take up another position or can we sit in "cash" for the rest of the day, week etc?
The "trade by noon rule on Monday" is still in effect right?
I'll say cash is a position for the comp too, but I'll open it for voting and change it if we're outnumbered
Yep, and noon Monday rule is in effect.
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