Portfolio of the Week

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  • Websman
    Senior Member
    • Apr 2004
    • 5545

    Originally posted by Rob
    Blah, blah, blah....and meanwhile it looks like Webs pulled a boner with FONR. Alright, kids, get your minds out of the gutter, that means he made a mistake.


    I'll start giving you guys my winning VTP picks as soon as you start paying me for them. My time is very valuable.

    Comment

    • jiesen
      Senior Member
      • Sep 2003
      • 5322

      Originally posted by Websman
      I'll start giving you guys my winning VTP picks as soon as you start paying me for them. My time is very valuable.
      yeah, but shorting your POTW picks is free!

      Comment

      • IIC
        Senior Member
        • Nov 2003
        • 14938

        Originally posted by Websman
        I'll start giving you guys my winning VTP picks as soon as you start paying me for them. My time is very valuable.
        I'm in training to become a Stocklemon investigator...My first assignment is to prove that you are really a Big Shot Billionaire Hedge Fund Manager who posts the opposite of what he's really doing so you can sucker punch all us little peons...IIC

        PS: Give me your Paypal username and password and I'll send 'ya the VTP subscription fee.
        "Trade What Is Happening...Not What You Think Is Gonna Happen"

        Find Tomorrow's Winners At SharpTraders.com

        Follow Me On Twitter

        Comment

        • Websman
          Senior Member
          • Apr 2004
          • 5545

          Originally posted by jiesen
          yeah, but shorting your POTW picks is free!
          Keep shorting them and you'll make a fortune! LOL

          Comment

          • Websman
            Senior Member
            • Apr 2004
            • 5545

            Originally posted by IIC
            I'm in training to become a Stocklemon investigator...My first assignment is to prove that you are really a Big Shot Billionaire Hedge Fund Manager who posts the opposite of what he's really doing so you can sucker punch all us little peons...IIC

            PS: Give me your Paypal username and password and I'll send 'ya the VTP subscription fee.
            The secret is out...I'm a Hedgie!!!! BWAAAAHAHAHAAAAAAA!!!

            Comment

            • RL
              Senior Member
              • Sep 2003
              • 1215

              Mr. Rob please

              sell INTC and put me In CSPLF thanks and have a great day
              Ray Long

              Comment

              • Rob
                Senior Member
                • Sep 2003
                • 3194

                Una Lección De Español

                Originally posted by RL
                sell INTC and put me In CSPLF thanks and have a great day
                ¿Por qué teméis, hombre de poca fe? (Why do you fear, o ye of little faith?)
                —Rob

                Comment

                • jiesen
                  Senior Member
                  • Sep 2003
                  • 5322

                  Originally posted by jiesen
                  Rob, sell AMLN at the close for me please!
                  crap! shoulda held on tight... or bought it back for a discount this morning. who knew? i did! crap crap crap...

                  Comment

                  • RL
                    Senior Member
                    • Sep 2003
                    • 1215

                    Rob what was that?

                    I own INTC but for the contest, maybe next week. If I hit It with the dart. Thought I had one to many cold ones
                    Ray Long

                    Comment

                    • JohnHenry
                      Senior Member
                      • Mar 2006
                      • 1020

                      Sell Oii Now

                      Hi Rob

                      Please sell sell OII NOW @ 08:40 PST ($40.36). Thanks

                      Comment

                      • JohnHenry
                        Senior Member
                        • Mar 2006
                        • 1020

                        I sold OII too soon, only off by half a buck but still it wasn’t good thinking on my part.

                        This is paper trading but I still panic when I saw the Dow and the stock heading south early this morning.

                        How do I know when to sell when trading for a short period? Any ideas anyone? Thanks

                        Comment

                        • Rob
                          Senior Member
                          • Sep 2003
                          • 3194

                          No One "Knows"

                          Sticky, no one really "knows" when to sell. My opinion is that everyone develops their own "style" of selling based on their experience in the school of hard knocks. I've had a few stocks in the past that I managed to sell at precisely the right moment, and that's stock market nirvana. But I've also had some that I sold either wayyyyy too early or at precisely the wrong time. (That's one of the reasons I'm so stubbornly hanging onto IMCL.) I'm sure there are many here with far more trading experience than what I've got.

                          One thing I like about Ernie's model is that he sets exact sell points. Like when he says, "I will sell in 4 to 6 weeks for $nn.nn," even down to the penny. Personally I think he would prosper even more by setting trailing stops under those babies when they hit the target, but I can't prove it. Well, one could back test that theory, but I've never taken the time.
                          —Rob

                          Comment

                          • billyjoe
                            Senior Member
                            • Nov 2003
                            • 9014

                            Ray,
                            How many cold ones are needed to reach optimum dart accuracy ?
                            --------billyjoe

                            Comment

                            • skiracer
                              Senior Member
                              • Dec 2004
                              • 6314

                              Originally posted by Rob
                              Sticky, no one really "knows" when to sell. My opinion is that everyone develops their own "style" of selling based on their experience in the school of hard knocks. I've had a few stocks in the past that I managed to sell at precisely the right moment, and that's stock market nirvana. But I've also had some that I sold either wayyyyy too early or at precisely the wrong time. (That's one of the reasons I'm so stubbornly hanging onto IMCL.) I'm sure there are many here with far more trading experience than what I've got.

                              One thing I like about Ernie's model is that he sets exact sell points. Like when he says, "I will sell in 4 to 6 weeks for $nn.nn," even down to the penny. Personally I think he would prosper even more by setting trailing stops under those babies when they hit the target, but I can't prove it. Well, one could back test that theory, but I've never taken the time.
                              It's what is meant when you hear some of us talking about a pre-arranged strategy for the trade that is formulated before the trigger is ever pulled. First you must have a discipline or a trading strategy. Are you a short, intermediate, or long term holder of you positions. You have to know what type of trading you want to do to understand that statement. Develope your strategies around that premise. Know where you want to enter, the risk vs the reward percentages, and how much you will tolerate losing before exiting the trade. You should also have some idea of where you think the stock will move to and when that is realized you have to take your gains and move on to the next one. The problem is that most retail investors have no idea of how to run the trade or what their parameters within the trade are to start with. When the position is up they are estatic and when the trade is going south they lose control of their emotions and control of the trade at that moment. It's not easy to develope all of this and be in control of all the facets at once. It's going to be a bouncy road until this type of plan and control is developed and implemented into all of your trades. The odds are definitely higher that most investors will never come to this level of sophistication in their trading and will continue to hear people, who have achieved this level and try to pass it on to others, say the same things over an over about what must be done regarding planning your trades and strategies. Yet they never seem to absorb the concept and continue to flounder never catching their trades at precisely the best moments for entry or exits. Nothing is written in stone or will happen precisely as you would expect it or plan for it to happen but without a concrete set of rules and strategies in place there is no chance of continued and repeated success over the long term.
                              One thing is certain. Always take your gains when you have them. Only after learning how to control your emotions and to take your gains when you have them will you be able to control how to take some of your gains off the table and to protect the remaining position with trailing stops or hedges. You will never hurt yourself taking your profits. Only when you have the gains in your hands and then let them slip away to be left with a loss does the pain and confusion really set in. Once you have taken the profit and have it in your account you have a multitude of options to think about plus your account is larger and you can do more. If you give the gains back or take a loss then you know the rest of the story well enough.
                              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                              Comment

                              • RL
                                Senior Member
                                • Sep 2003
                                • 1215

                                Billy some times

                                Just the smell of the suds are enough at others I have to at least fill one leg, however the way I have been doing maybe I have not been reaching the amount needed to reach the optimum accuracy?l
                                Ray Long

                                Comment

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