| StockFetcher Forums · General Discussion · bottom of biotech stocks today-buy these now | << 1 2 >>Post Follow-up |
| MARY4MONEY 806 posts msg #51033 - Ignore MARY4MONEY modified |
4/12/2007 9:34:49 AM $$$--dndn 17.10 nuvo 4.25 tgen 4.20 ctic 1.60 adlr-3.63 cege 5.13 agen 3.20 memy- 2.40 emis- 3.84 agix- 3.05 these are your fastest running stock- for example i bought dndn at 5$ sold at 18 shorted down to 13 went long to 25 shorted to 17 today now long on dndn at 17.00 in premarket they have a 100000$ first prize contest on thestreet .co and im near the top in 8 trading days a about a 200% gain so far i just covered these shorts above and went long on them |
| MARY4MONEY 806 posts msg #51034 - Ignore MARY4MONEY |
4/12/2007 9:41:27 AM dndn and nuvo are you best bets they run the fasted in both directions with a 10 day volatility 200-500 |
| petrolpeter 439 posts msg #51041 - Ignore petrolpeter |
4/12/2007 12:37:12 PM Read your filters MFM and makes perfect sense to me.Some of these high volatilities can be hot to handle and I bet you had a few instances where you might of had to get out of the way quick.Some oil related stocks set up this week also and PDS is one pick here but I'm a day late on it.  |
| nikoschopen 2,824 posts msg #51043 - Ignore nikoschopen |
4/12/2007 3:50:01 PM Petrol quoted "I bet you had a few instances where you might of had to get out of the way quick." Mary had given us a lot of examples of what might have been à la "woulda, shoulda, coulda" but never once referred to her losing trades. I can only speculate that the drawdown wouldn't look very pretty. Moreover, she never once alludes to the contingency plan should the trade fail. While I'm not doubting her self-proclaimed consummate skill as a trader, she must be more specific if she wishes to communicate her winning strategies to her less-than-stellar SF brethren. |
| bielyplafon 42 posts msg #51053 - Ignore bielyplafon |
4/13/2007 4:49:00 AM niko, "Mary had given us a lot of examples of what might have been à la "woulda, shoulda, coulda" but never once referred to her losing trades. I can only speculate that the drawdown wouldn't look very pretty. Moreover, she never once alludes to the contingency plan should the trade fail. " these are just ideas... what kind of drawdown could you have if you follow market intraday and you are disciplined to cut losses small? Mary goes for high volatility... (s)he puts some stocks on watchlist and if they move in desired direction (s)he enters... if the momentum reverses (s)he sells at entry price latest... therefore drawdown would be commissions and slippage. (s)he also goes for high volume stocks (the day traded) so shouldn't be a problem with executing trade. What I find diffucult with this approach is to find the candidates to watch and then watch them intraday. Actually I can't do that first 90min of trading and (s)he refers to following gaps indicated by AH trading. I saw that Muddy and others in his chatroom also search for these high volatility intraday moves and they are quite good in it. |
| nikoschopen 2,824 posts msg #51055 - Ignore nikoschopen |
4/13/2007 12:25:50 PM @bielyplafon Your point is well taken, but if you've been in the market for some time you would know as much as I do that volatility works both ways. However, considering the high volatility and the size of the order that Mary usually indulges herself, as well as the float of the stock (mind you most of her selections are penny stocks), it seems unlikely that one can escape unscathed without suffering some heavy casualty. |
| itrademan 70 posts msg #51057 - Ignore itrademan |
4/13/2007 12:58:16 PM Niko, I agree with you. All the self proclaimed trading gods here talk about their successful trades. No trader can predict all the events hundred percent of the time. I feel newbie fall into trap of seeing their success. Word of caution is it’s your hard earned money and no one is going to share the actual trading secrets. I would appreciate a trader being sincere and talk about both his profits and loss. Else I give a damn to all those jokers fooling newbie as they are some prophet. Considering such a success in their trading system these guys should be multimillionaires by now. They could even buy Stockfetcher. |
| nikoschopen 2,824 posts msg #51058 - Ignore nikoschopen |
4/13/2007 1:27:15 PM @itrademan Haha, I had the burning itch to say what you so bluntly, albeit clearly, stated. Anyone who experienced the wild gyration of the late '90s followed by the spectacular fall of the 2000-03 bear market would be cautious to take these dubious advices at face value. I would personally like to see them post their trade logs or, better yet, see them in action in REAL TIME (if I can do it, so can anyone else *hint, hint*). Be that as it may, if their words can match their trading skills, I would be the first one to sign up. |
| limestar 79 posts msg #51110 - Ignore limestar |
4/15/2007 2:07:07 AM Although MARY is full of $hit most of the time, the call on biotech is good. |
| corsino 259 posts msg #51112 - Ignore corsino |
4/15/2007 7:11:03 AM I think it's too much to expect anybody to advertise their failures. It's just against human nature. People are prone to pound their chest about their successes, although they may be unverifiable. Although M4M's claims of success may well be exaggerated,once in a while there's some worthwhile ideas in the posts. I really don't believe that there are any "secret" methods in the stock market, although some may be unthought of by a particular individual.At any rate, if there was a secret method, I doubt that divulging it to a relatively few traders would have any impact on the general market. However, "newbies" should keep in mind that daytrading and swingtrading are two entirely different activities, and methods used by daytraders, where trades may last only a few minutes, may not be practical for use in swingtrading. |
| StockFetcher Forums · General Discussion · bottom of biotech stocks today-buy these now | << 1 2 >>Post Follow-up |