Finding the next Google

Would you rather find a stock the bring you 1000 percent a year, or would you rather trade ?

I found some oil stocks that jumps incredibly over the last few years or so, before pulling back down.

How hard is it ?

Would you rather buy and hold at the right time, than trade in and out, wasting your life away in front of a screen ?
 
look here ... it is easy to look back in time and say

I had a 10 bagger or 100 bagger ....

" all in " as they say ...

but in the meantime ... if one is able to return

10 - 100 times their original acct in actively trading

then ... does it really matter ?

depends on which is easier ... to do ...

:p
 
Finding another rocket-ship like Google isn't too hard. Just watch the IBD 100 and look for fast-risers. They start out near the bottom of the list and climb like a single climbing the Billboard chart. By the time the stock hits the top ten, enough people have seen it to start piling in, and the stock takes off.

I have personally seen this exact sort of behavior happen with:

TASR, TZOO, YHOO, EBAY, among others. I made money offa all of those by using the Billboard approach. Every single top performing stock shows up on the IBD 100--thanks to their screening algorithms.

But now I trade the e-minis, because you can make (and lose) money a helluva lot faster than waiting for a stock to take off. And with e-minis, you can make good money with a much smaller account than stocks. So I guess that answers your question...
 
Keep an eye on the stocks that are making new-highs, day after day, week after week, i.e. GOOG, QCOM et al. That's what the 10,000-banger stocks look like. The tough part is holding on for the entire ride.
 
Quote from dchang0:


But now I trade the e-minis, because you can make (and lose) money a helluva lot faster than waiting for a stock to take off. And with e-minis, you can make good money with a much smaller account than stocks. So I guess that answers your question...

I am willing to learn from winners. Are you making money ? Where can I start to learn more about trading e-minis ? Thanks.

Oh, btw, which broker are you using for trading ? Do you use Charts ? Thanks
 
yes ... I have been thinking of tinkering with that approach

taking some spare change from my trading account

and building a portfolio of names and perhaps even using options

if those stocks have listed options on them

my goal would be to return more than money market rates or beat a few of the indices

maybe I would through some ETF's into the mix

:p
 
Quote from nazzdack:

Keep an eye on the stocks that are making new-highs, day after day, week after week, i.e. GOOG, QCOM et al. That's what the 10,000-banger stocks look like. The tough part is holding on for the entire ride.

I've been using google sinse the 8th grade (1999). My senior year in High School I told my parents that I wanted them to contact my money manager and put all my money in google @ the IPO.

The IPO was like what?..85 a share, and went as high as 475?

I coulda been a millionaire by now, and I'm only 20. But did anyone listen to me..NO!. Did Yahoo, Microsoft, Ebay, Amazon..did their IPO's fail..NO..


Thats ok, I'm young, I can wait a few more years.
- nathan
 
Back
Top