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    My simple, yet profitable trading strategy

    One thing that I cannot get a handle on is this: Take a look at the charts for CR and KCI today. This is why I have a hard time trying to sift through the list and pick which will be the good ones and which will be the duds. CR was looking great at first then fizzled and is killing my...
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    My simple, yet profitable trading strategy

    Only looking at NYSE.
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    My simple, yet profitable trading strategy

    yes Ricter you did miss something. I guess as simple as my method is, there would still be people who would f*** it up.
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    My simple, yet profitable trading strategy

    If you are bored and want to watch along with me: Today: TGX (3.85) CR (39.98) GYI (46.99) UNM (21.66) ITW (49.93) KCI (46.93) also, added AKH (45.10) only because TGX was such a mini. As of 10:30: TGX- 4.14 CR - 40.95 GYI - 47.64 UNM - 21.58 ITW - 50.37 KCI- 46.60 AKH -...
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    My simple, yet profitable trading strategy

    Ricter, I have been looking at this for 2 years and have made some adjustments to my strategy over the course of the 2 years, and honestly, am constantly thinking of tweaking it or improving it all the time, so in a year from now, my method may be completely different from today. Anyways...
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    My simple, yet profitable trading strategy

    That link is gone Victor. Your point is that you, like others would bock at making $225/day? You have to realize though this too, I am not forced to sweat every position and watch it like a hawk. I make one set of purchases, one sell per day. I am looking for an even better method...
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    My simple, yet profitable trading strategy

    PM me if you want the spreadsheet data on this trading approach. Today is a down day. Happens 50% of the time. I dare say that is why I can post this method and not be the least bit concerned that it would affect me because very few if any of you would be able to stomach the down days! lol.
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    My simple, yet profitable trading strategy

    sounds good mys! I am trying to find an effective way to pan through my list and decifer if there is a way to improve my results to date. I like your idea. Today the stocks are: FRC ABY BOW TSN CF BMY CF is the only winner so far today. BOW is the real dud. So, if I...
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    $1 million lottery ticket for sale

    He is screwed now because he turned in the lottery ticket. IF you wanted someone to offer the 400k or whatever the insane amount was, the person offering the 400k would have to claim the ticket. Your friend is now at the mercy of the lottery headquarters. Chances are that the annuity...
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    If so many people are unsuccessful traders...

    Here is some food for thought about this issue: As the last poster just mentioned, exit points are very important. As simple as it sounds, making money is just buying low and sellig high. Of course, the order of each is up to you (i.e. short and buy low). Here is one of a zillion...
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    My simple, yet profitable trading strategy

    hey Orion, As far as cutting losers fast, I agree in a stop loss. The stop loss I talk of is if the combined group of 6 results in a loss of $1800, sell it all off and call it a day. Some days have resulted in bigger losses and virtually no days that were down that figure ever recovered...
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    My simple, yet profitable trading strategy

    Based on the PM's and the posts here, I have some new things to help improve this even more. Thanks ! I realized that posting this was a risk, but the feedback overall was not too bad. One comment about "all this $%^*" for 225/day: The 225/day is based on 1000 shares traded. If...
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    If so many people are unsuccessful traders...

    How do you know it won't work during a bear market? If it didn't maybe I would short the % losers of the day. The method appears to work, and has worked for the past 2 years. Note that it works on average 50% of the time. Does not sound great, but the days it works, it really works, and...
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    My simple, yet profitable trading strategy

    To Telozo: The guy who posted about shorting the % gainers: He mentions he does it, but when and how. Is he shorting the top 6 at 10am and then covering at 10:30? or leaving till end of day or midday or what? Often times my list of 6 are down at 10:30 or 11am for a few hundred bucks...
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    My simple, yet profitable trading strategy

    up $6280 today! Not a bad day eh? You've heard the saying "every dog has his day right?" As MAK said, when that dog has a good day, We will be riding shotgun with it! Let the winners ride! This week started off very tough: Mon: -1800 Tues: 1300 Wed: -1700 Thurs: -1800 Today...
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    My simple, yet profitable trading strategy

    Today is turning out to be a great day. Even NTY is turning positive! I still can't for the life of me figure out which of these 6 stocks will be the winners and which will be the losers! For the guy who said you need to look at underlying reasons for the stock popping up early: If I...
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    My simple, yet profitable trading strategy

    Buying only 100 shares is useless. Before you even say it. I know what the discussion is going to be. Realize this as you look at the data: making $200 profit average per day when you are investing 200,000 is .1% profit. Some will say that sucks. I say ok fine. Show me a proven...
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    My simple, yet profitable trading strategy

    I can talk in more detail about how I started out thinking of a strategy and how I refined it to the current state. I am just posting this so you can see I have been looking at this for 2 years now so its not something like a flash in the pan. I have given it a good amount of time and...
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    My simple, yet profitable trading strategy

    I have been tracking this data on and off for about 2 years. I have tried to see if there is any correlation between how these stocks did when the DOW was up or down and didn't see any correlation. Backtesting this method will be difficult because I am using top % gainers at a very...
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    My simple, yet profitable trading strategy

    I still buy the $5 stocks just the same as the $150 stocks. I am sure there is a way to further improve this strategy and I often wonder how I could sift through the top 6 stocks and know which of these will be the winners of the day and only buy them! Can you imagine how good that would...
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