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Thanks... don't know stocks fundies but I'll give it a go. Are you buying this off of the break of the high or are you in from the bottom of the range? I'm still working on buying breakouts... is buying this at break of high, stop under low of setup around 81 and a first profit target of...

Feeling a bit bad for quitting the CEDC trade. Had a pretty good hunch that it was going to hold/break the middle of the small W... but once again got out too early even after I told myself that one of my main pitfalls is not staying in a stock long enough to catch the move... Just got to...

For tomorrow... one trade

Just wanted to comment on this older post. Very good logic. Before i made some changes recently, I was losing money by not following such principles. Even if I knew a stock would breakout I was settling for trades with a 1:1 R:W and this was leading me to poor results. Very good way of...

Very interesting... if you have time (or interest) you should check out my journal. Apparently I take the exact same type of setups as you and use the same moving averages except with a different time length. Good to know that once I feel comfortble position trading my style I can easily move it...

Noticing that a lot of charts on my scans are forming cup and handle breakout patterns. 90% of my scanned stocks have been performing breakouts as predicted when the patterns have been easily readable. Getting out of CEDC tomorrow and maybe taking a position in DSX if can get to a computer...

That's cool. I think you and I are in a similar boat then. I try to stick to a small list based on fundamental scans scanning the best performing companies in the best performing industries... although I don't necesarily buy on dips and sell highs. Most of my long trades are based on what...

Took half profits on GNA because I got in at a better price than predicted so cut my first price target short a little. Took half profits on FRPT over my price target. So far, so good. But, just as always I make money on paper and somehow manage to not duplicate results in my account...

One day that's where I hope I'll be. But, until then, I will continue to jump hoops and the social ladder just in case I can't make it on my wits alone.

True... if you really know what you are doing, the question is always the same, why the need to sell? Anyways, I understand not everyone has the right connections. I guess I'm lucky to an extent that I'm in a business college where networking/salesmanship is stressed to the nth degree...

Thank you. The only point I was trying to drive accross is if you are making a fund, you've got to be a salesman. No offense to the original poster, but he does not seem to have this avenue figured out yet. Also, though I won't share it here, the reason why this guy does so well is because he...

I know you are being sarcastic, but he already has done more than the poster with less experience. Sorry, I guess I may just be ignorant in having drive.

I don't understand some of the questions on this website....does no one have networking/sales skills? I could sell a piece of turd wrapped in a red ribbon... I know a lot of people will not take me seriously, but I know plenty of people in my parents neighboorhood (upper class) that have...

I'm glad that you decided to order some books. At the very least, I'm sure you won't feel too bad about being empowered and knowing when a financial advisor is talking truth or bs. Luck for next week...

Hey... if timing didn't work for you then you made a wise decision. To each their own. I do plan on opening a longer term account this year where I will buy with the intention of holding for a long term period using percentage stops instead of stops based on technicals. So yea... I do...

First of all well said Kmini. As far as mutual funds not performing index funds... true for the most part. Look at some out there, however... many outperform by a pretty decent margin year after year/quarter over quarter. Just like anything else, it takes a little research. The problem I...

I don't know anything about FX, but I do know if you ever want to make money consistently on trading any vehicle, you have to learn to do it yourself. Any blackbox system(if you even get one that works) that tells you when to buy and sell and you simply listen will only lead to frustration...

Also... reflecting on my near sightedness... when the market took a dip in February I made some money going short on two stocks(goog and hlys), but instead of prepping for the next round i was too focused on the downside. I noticed nearly all of the stocks I am buying long now at higher...

A few plays that I entered some limit orders for last night on my paper account. Got lucky through ignorance... the paper account has limit orders, but they are not stop limit orders, so I got the price of all my stocks on my list, pre-entry level and they all hit my buy point. Nothing to do...

Sorry guys... I am a longer term trader and swung JSDA long twice a few weeks ago. Why is this such an obvious short? Lots of growth... sure it got pumped by cramer, but the company seems fundamentally sound and coupled with a bull market... I guess it's all about timelines. All of the...