Stock Swing Traders
- Thread starter coolweb
- Start date
Taken 1/4th profit
02/06/06 13:39:00 BOUGHT To Cover AAPL Market Day Executed @ 67.2299
OK, heres the thing,
1. windfall profits take them
2. I don't think I'm the best at predicting where its going to end, but
you know I have this idea of taking profits it sort of goes like this:
Lets say you buy a bunch of real estate ok?
Like 20 houses, all at deep discount prices,
the whole real estate market goes up after a bit, you start seeing some nice profits,
and then they rocket up a few weeks later, a lot more profits
by now you are getting kind of giddy cause you know such a big rise will always be reciprocated with over supply or demand, it will drop.
So lets see two types of real estate investors:
1) He has a bunch of a real estate, and then starts selling them off bit by bit, why?
Cause he got them at a good value, why sit for the long term, just sell it off bit by bit
or
2) He has a bunch of real estate, and just sits there because he thinks its the peak , then sells all of them off.
He needs good patience as well as a good eye of where is the peak, he needs to know exactly what it should look like.
Investor #1 would probably take in less money but would take in less risk
Investor #2 would probably take in more money but would take in more risk since who knows where is the top.
The key is windfall profits, Investor #1 should not take profits unless they are large irrational exubernace.
Yep
Interesting isn't it,
Profit taking , its always hard to pinpoint and there is no best way.
I think we all try to do our best in a methological way .
02/06/06 13:39:00 BOUGHT To Cover AAPL Market Day Executed @ 67.2299
OK, heres the thing,
1. windfall profits take them
2. I don't think I'm the best at predicting where its going to end, but
you know I have this idea of taking profits it sort of goes like this:
Lets say you buy a bunch of real estate ok?
Like 20 houses, all at deep discount prices,
the whole real estate market goes up after a bit, you start seeing some nice profits,
and then they rocket up a few weeks later, a lot more profits
by now you are getting kind of giddy cause you know such a big rise will always be reciprocated with over supply or demand, it will drop.
So lets see two types of real estate investors:
1) He has a bunch of a real estate, and then starts selling them off bit by bit, why?
Cause he got them at a good value, why sit for the long term, just sell it off bit by bit
or
2) He has a bunch of real estate, and just sits there because he thinks its the peak , then sells all of them off.
He needs good patience as well as a good eye of where is the peak, he needs to know exactly what it should look like.
Investor #1 would probably take in less money but would take in less risk
Investor #2 would probably take in more money but would take in more risk since who knows where is the top.
The key is windfall profits, Investor #1 should not take profits unless they are large irrational exubernace.
Yep
Interesting isn't it,
Profit taking , its always hard to pinpoint and there is no best way.
I think we all try to do our best in a methological way .
I ended the day with 1/4 position of AAPL.
A good day, Onto the next day.
Homebuilders still on watch list, We'll see.
I can long or short, it doesn't matter to me.
Consistency is the key.
I hope to be adding another monitor today, giving me a total of 5 monitors on top.
This way I can attract a 2nd set of stocks.
Currently I only track 3 stocks.
One more LCD = +2 more stocks.
So 5 stocks in total,
This way , we will for sure, come home with the best entry, the best stock, and most of all, consistent profits with almost 0 risk.
This game will be played the right way.
Cull profits consistently,
Easily,
100% Precision,
and most of all, low risk.
Market takes 10 cents from me, I take $1 from market.
Market takes 5 cents from me, I take $2 from market.
Market is my friend I listen to, but also someone I can school left and right.
A good day, Onto the next day.
Homebuilders still on watch list, We'll see.
I can long or short, it doesn't matter to me.
Consistency is the key.
I hope to be adding another monitor today, giving me a total of 5 monitors on top.
This way I can attract a 2nd set of stocks.
Currently I only track 3 stocks.
One more LCD = +2 more stocks.
So 5 stocks in total,
This way , we will for sure, come home with the best entry, the best stock, and most of all, consistent profits with almost 0 risk.
This game will be played the right way.
Cull profits consistently,
Easily,
100% Precision,
and most of all, low risk.
Market takes 10 cents from me, I take $1 from market.
Market takes 5 cents from me, I take $2 from market.
Market is my friend I listen to, but also someone I can school left and right.
IRIS
24.25
similiar to THE.
You could also add AOB, ASEI, and NFLX to the list. RMD also but it has earnings after the close. Looks like insiders are buying RMD before the announcement.
24.25
similiar to THE.
You could also add AOB, ASEI, and NFLX to the list. RMD also but it has earnings after the close. Looks like insiders are buying RMD before the announcement.
All long and if everything pans out 3+ month hold.
I am new to this type of longer investing and am only trading the minimal amount to gain experience.
I am new to this type of longer investing and am only trading the minimal amount to gain experience.
No trades today,
Shorts have to be prepared, home builders are already too high risk
Longs, well obviously I'm not going to take any long positions in a down market
OIH/apa/etc.. - dropped 3% today , BEAUTIFUL
it is in retracing mode, we are going to be prepared to go long soon.
the past few days in the oil sector were all bullshit rallies,
One can easily see by the support.
It'll be retracing for a bit, then we can work the oil market soon,
For the next few weeks, The market is going to be trending down,
The play will be shorts I guess.
It don't matter how good earnings are,
this market is going down for the next few weeks.
I should be preparing all my other shorts now, but god damnit, home builders fell too quick,
hmm, its never too late
Shorts have to be prepared, home builders are already too high risk
Longs, well obviously I'm not going to take any long positions in a down market
OIH/apa/etc.. - dropped 3% today , BEAUTIFUL
it is in retracing mode, we are going to be prepared to go long soon.
the past few days in the oil sector were all bullshit rallies,
One can easily see by the support.
It'll be retracing for a bit, then we can work the oil market soon,
For the next few weeks, The market is going to be trending down,
The play will be shorts I guess.
It don't matter how good earnings are,
this market is going down for the next few weeks.
I should be preparing all my other shorts now, but god damnit, home builders fell too quick,
hmm, its never too late
Strange that GM drops only 2.25%;
HAL drops about 4.5 % -good not to trade off only fundamentals.
When leaders like HAL have nice sell volume since Jan 31;
would rather ride my GM Wasnt planning on a GM dividend anyway.
HAL drops about 4.5 % -good not to trade off only fundamentals.
When leaders like HAL have nice sell volume since Jan 31;
would rather ride my GM
Wasnt planning on a GM dividend anyway.