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| rrochon 117 posts msg #33504 - Ignore rrochon |
10/5/2004 3:20:06 PM Grumpus, Congratulations on your successful run. Do you post your daily selections anywhere, so we could follow your example, or is it your secret? Do you have a filter that you select your trades from, and do you share your method of playing the filter? Would sure enjoy a small % of your successful picks. Mine have not been doing so great. Dick |
| txtrapper 548 posts msg #33512 - Ignore txtrapper |
10/6/2004 6:55:56 AM Preserving Captiol - 10% / 10% rule I can’t stress enough to preserve your capital so you can live to trade another day. This is one of the most important rules in trading. I’ve put it down in black and white in an example below so you can see for yourself how important this rule is. Please take this into consideration when trading; it will save you every time. I want to show you the importance of controlling your trades. By this I mean letting your winners run and cutting your losses immediately. In the following example, you’ll see how I can lose 4 out of 5 trades and still make money. I’ll use HEC as an example of our 1 winning trade. I bought that stock at .52. It proceeded up to .98 before coming back down. If I had sold at .98 I would have made 88% but I know we can’t always sell at the high so I’ll use a 50% profit in my example just to be more realistic. I’ll also use round numbers just to make it easier to see. $10,000 cash position to start Make 5 trades with $2,000 (10%) in each Buy $2,000 HEC at .50 = 4,000 shares, Sell at .75 = $3,000 for 50% gain Buy $2,000 XYZ at .50 = 4,000 shares, Sell at .45 = $1,800 for 10% loss Buy $2,000 YXZ at .50 = 4,000 shares, Sell at .45 = $1,800 for 10% loss Buy $2,000 ZXY at .50 = 4,000 shares, Sell at .45 = $1,800 for 10% loss Buy $2,000 YZX at .50 = 4,000 shares, Sell at .45 = $1,800 for 10% loss You’ve just lost 4 out of 5 trades but your bottom line is still 2% ahead. Your balance is now $10,200, with commissions you’ll probably break even. I’m showing you this example so you can see, even if you are only right 20% of the time, you won’t lose your money if you maintain discipline and follow the 10% / 10% rules. That is of course, no more than 10% in any one position and no more than 10% loss on a bad trade. The 2nd rule is always the hardest and even I sometimes still fail on this one. But there is absolutely no excuse to fail on the first rule. The fastest way to the poor house is putting all your eggs in one basket and having the trade go bad on you. This will end your quest for financial freedom faster than you can say “oh no, what did I just do with my hard earned money?” The above example is very conservative because we have had many stocks that have made way above the 50% figures used and not so many losing trades of 10% or more. We will be right more than we are wrong and I’m sure we can get 6 out of 10 trades right or even as much as 7 out of 10 for a 70% win/lose ratio. In the above example, remember, we only have to be right 2 out of every 10 trades. So if you think you can follow the disciplines and be right more then 20% of the time, how can you not make money in this market? It works for any priced stock. You can start with 50K and buy 100 shares of a $100.00 stock. Be right once and have the one winner go up to $150.00 a share and you could sell the other 4 for $90.00, 10% loss and still come out ahead. No matter what price you pay, just stick to the rule. This is a big reason why my Trade Record is up 118% in 5 months. I follow the rules for the most part. I trade my money as if it was yours and I do not want you to lose your money. Please follow these simple rules and you will be around trading and making money for a long, long time. One other favor I would like you to do is, print this commentary out and put it somewhere near your computer. Look at it when your trade falls below the 10% loss rule. Maybe it will help you remember that if you stick to the rule, you will make money. In short, 1. No more then 10% of your capital in any one position, and 2. Cut your losers to no more then 10% loss. TxTrapper "I can't change the direction of the wind, but I can adjust my sails to always reach my destination." ------------------ |
| txtrapper 548 posts msg #33513 - Ignore txtrapper |
10/6/2004 7:08:20 AM rrochon 10/5/2004 3:20:06 PM Grumpus, Congratulations on your successful run. Do you post your daily selections anywhere, so we could follow your example, or is it your secret? Do you have a filter that you select your trades from, and do you share your method of playing the filter? Would sure enjoy a small % of your successful picks. Mine have not been doing so great. Dick ---------------------- Dick, Grumpus is a moderator @ http://finance.groups.yahoo.com/group/bottomlinestocks/ which you are a member of, I am not sure he is a member of SF or monitors this site, you can reach him at the site or directly @ grumpus@graffiti.net. Grumpus, is a highly motivated trader, with special trading skills, he has taken $10,000 at the Virtual Stock Exhange and in a short time, turned that into a whopping $114,000 portfolio last time I checked. I believe he has a personal website where he posts his daily pics, so if you contact him, he can give you that. TxTrapper ------------------- |
| txtrapper 548 posts msg #33524 - Ignore txtrapper |
10/7/2004 8:23:24 AM Where the Big Money's Flowing Now! Stocks being BOUGHT heavily by institutional investors. Learn More about Where The Big Money's Flowing Now. Click icons for analysis. 10/6/2004 Stock Symbol Stock Price Price Chg. Vol % Chg. IBD Stock Checkup IBD Charts IBD Archives Add to My Stock Lists WWW 28.90 +2.53 +1,063 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists HURC 16.46 +1.49 +637 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists CNF 47.06 +2.43 +589 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists AIRT 27.75 +2.70 +549 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists MTEX 18.69 +1.35 +527 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists TOPT 18.45 +1.04 +488 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists RNT 22.80 +1.15 +369 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists EPEX 17.49 +1.44 +304 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists DHR 54.90 +2.90 +301 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists AHC 92.91 +2.48 +248 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists FDG 60.30 +2.40 +243 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists DWSN 25.45 +0.95 +229 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists FMD 52.35 +2.84 +213 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists MGG 52.45 +0.89 +212 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists VSEC 30.56 +1.26 +189 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists TACT 29.00 +1.75 +174 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists UCI 35.61 +1.52 +155 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists ARLP 59.50 +1.82 +150 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists TK 48.32 +1.71 +143 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists PKZ 38.71 +1.92 +138 Click to View an IBD Stock Checkup Click to View a Chart Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Where The Big Money's Flowing Now Where The Big Money's Flowing Now is a live version of the popular feature in Investor's Business Daily's print edition. This proprietary screen reveals stocks currently experiencing unusually heavy buying and selling. This idea-generating list is continuously updated throughout the market session as new stocks experience unusual trading. Unusual trading volume can signal heavy activity by institutional investors (pension and mutual funds, banks, insurance companies, corporations and government organizations). A stock moving up in price on higher than normal volume indicates strong buying conviction that could carry the stock even higher. A stock headed lower on big volume increases could signal strong selling pressure and an emerging downward trend. To determine unusual activity we measure every stock's current trading volume. Each stock's current volume is then compared to its normal trading by this time in the market session, based on the last 50 trading days. The percentage change is then computed, alerting you to unusual activity while it's happening. Stocks moving up on unusually high volume may warrant further research. IBD Stock Checkup and IBD Charts can help you research these prospects further. The qualification criteria for listing in 'Where The Big Money's Flowing Now': Stocks must trade on the Nasdaq or New York Stock Exchange. Stock price must be at least $20.00 ($16.00 for Nasdaq). Stocks must have a price change of 1/2 point or more. 50-day Average Volume must be a minimum of 60,000 shares. For stocks up in price only, the Earnings Per Share (EPS) and Relative Price Strength (RS) Ratings must each be a minimum of 70, Accumulation/Distribution Rating must be D+ or better and next year's earnings estimate must be 15% or higher from the previous year's earnings. (Stocks without earnings estimates are included.) Enjoy, TxTrapper |
| txtrapper 548 posts msg #33611 - Ignore txtrapper |
10/19/2004 7:55:40 PM Tool for playing the e-minis....look before trading anything.....I check the S&P Index every day, since it closely resembles the movement in the e-minis. As you can see from the chart the S&P 500 closed below its 50ma. Draw a support line accross the recent lows, as you can see it closed just above support. If for whatever reason a trading opportunity doesn't arise, it's no big deal. There's always tomorrow. What's important here is stick to your rules. go long > 50ma go short < 50ma Watch for OBV confirmation. http://tinyurl.com/3rqj7 Enjoy, TxTrapper |
| txtrapper 548 posts msg #33631 - Ignore txtrapper |
10/22/2004 8:28:42 PM Trapper's Picks for Monday Oct,25,2004 - ICCI SONE DESC Trapper's Friday Pick @ BLS; CDSS up +.10 3.30% today! Enjoy, TxTrapper New Members Welcome; http://finance.groups.yahoo.com/group/bottomlinestocks/ We have a "daily" Stock Picking Contest, fun and educational too! ---------------- |
| txtrapper 548 posts msg #33774 - Ignore txtrapper |
10/31/2004 8:13:28 PM Our daily stock picking contest has become very popular. Here is the monthly winner by average daily return. =================================================================== Congratulations to MOONSHADOWUS who is our September BLS Champion with a daily average return of 1.98%!!! =================================================================== TxTrapper Come join in; http://finance.groups.yahoo.com/group/bottomlinestocks/ |
| txtrapper 548 posts msg #33777 - Ignore txtrapper |
10/31/2004 9:04:04 PM Another big winner at BottomLineStocks! =================================================================== Congratulations to STMINTZ who is our October BLS Champion with a daily average return of 4.40%!!! =================================================================== TxTrapper -------------------- |
| txtrapper 548 posts msg #33799 - Ignore txtrapper |
11/4/2004 10:35:27 AM Recent Insider Trades If insiders are buying shares in their own companies, they usually know something that normal investors do not. They buy because they see a merger, acquisition or great earnings ahead or simply because they think their stock is undervalued. Peter Lynch, the former manager of the Magellan Fund, has noted that insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise. That is why I really believe that following the insiders path can lead you to enormous profits in the stock market. BEAV $9.43 (1) 2004-11-01 MARCHETTI, ROBERT A.(Vice President) 2,100 Purchase $16,926 FAVS $3.85 (3) 2004-11-01 LHOTA, JOSEPH J.(Director) 1,217 Purchase $5,001 2004-11-01 KIRK, ROBERT(Director) 1,217 Purchase $5,001 2004-11-01 HILL, STANLEY J.(Director) 1,217 Purchase $5,001 ONVI $5.16 (3) 2004-11-01 WAY, CAMERON S.(Chief Accounting Officer) 200 Purchase $412 2004-11-01 ALPERT, IRVINE N.(Executive Vice President) 200 Purchase $488 2004-11-01 ROWLEY, MATTHEW S.(Officer) 200 Purchase $412 PSTA $3.56 (1) 2004-11-01 GRUBER & MCBAINE CAPITAL MANAGEMENT LLC(Beneficial Owner (10% or more)) 100 Purchase $353 SPRX.OB $0.51 (1) 2004-11-01 MULLER, THOMAS H.JR.(Chief Financial Officer) 5,000 Purchase $2,350 TxTrapper http://finance.groups.yahoo.com/group/bottomlinestocks/ |
| txtrapper 548 posts msg #33892 - Ignore txtrapper |
11/12/2004 8:36:08 AM Best of the Best for Today! Use your own DD (due dillegence) and use good money management. You can buy any of these stocks with confidence today on a *"green hold". AAII is ready VCMP WGAT WEBM EMRG SSTI AMKR TIDE *"green hold" - if the stocks turns green (higher than previous day) anytime during the day and holds for a short period of time. Come join us; http://finance.groups.yahoo.com/group/bottomlinestocks/ TxTrapper ------------- |
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