Recent content by lildimsum7

This is so BS. Half the people who cut their losses end up missing on giant gains. Buffett's selling strategy is to sell when the reason for owning the stock is no longer true. I've been down 40%+ on positions that ended up being multibaggers from my initial buy.

Here's what I got going on in the last 30 days. A lot better than I expected, since losses tend to be way more impacting psychologically than gains. I don't look at my NAV so I thought I was losing a crapload of money, especially because I sold when I shouldn't have and I held when I should've...

What? Just because something's up on a good earnings call doesn't mean the volume is much higher. And random breakouts tend to fail badly. Just look at CLRO and GSB recently. Psychologically, traders AND investors would feel better selling at random breakouts. They're thinking should be along...

Breakout buys are usually stupid, unless it's from earnings and supported by volume.

Mainly thinking about value (buying dollar for 50 cents). I might subconsciously think about support levels. I used to look at technicals, but most of it seemed illogical to me.

You couldn't be more wrong:

Usually small. Though last year I held BAC options. I get all my ideas from other people, so that easily decreases the time it takes me to search.

These are probably conditions that limit business risk. Things like: recurring revenue, stable FCF generation, high returns on capital, limited competition, strong growth profile, trading at a low valuation (like 20% FCF yield, or 0.5 P/B for those looking at banks and insurers). Ever since I...

how about COST? you could wait for mid-term support a bit below $94

previous post is another form of hindsight bias...

P2P is slow. I get the direct dls.

Use Amibroker. First of all, any edition is a one time payment (but if you know where to look, you can get the full versions for free...). If you want to use Amibroker as your main scanner for trading, you should be subscribing to a real time provider. Of course, you can download the database...

jrcc is more like a gold mine! I'm up 27% since I went long last Friday!

I got stopped out of LEH today. Good thing too because it's way lower.

Wow, it looks like stock_trad3r actually has better picks than the other phony, franky. looks like stock_trad3r is gonna be full of himself again. thanks a lot frank...