Taking 410K to 4million by Year End 2010

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BIDU. BIDU... .. has costed many folks HUGE LOSSES in the last week..

hence ur 1K is minimal.

i think NEKE lost 90 K one week some time ago and most was on BIDU.

it is a PORTFOLIO KILLER..
 
Neke, you've come a long way with your risk management. A big congrats on that.

BIDU is in a majorly strong uptrend. Buy any dip and you'll be on the other side of those losses.

I looked at a BIDU chart in real time Thursday because I liked its huge daily ranges, so yesterday I thought I'd trade it. I opened it on a DOM and the bid/ask were outside my range of view most of the time.

Screw this, I said, and lit up some more POT :cool:
 
Quote from NoDoji:

Neke, you've come a long way with your risk management. A big congrats on that...
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I must admit, I have not followed this whole thread, but can you explain what you mean?

After all, he has lost > 35% of his account in 3 months.
 
Quote from HattieTheWitch:

I must admit, I have not followed this whole thread, but can you explain what you mean?

After all, he has lost > 35% of his account in 3 months.
More...

He lost around $100K on a BIDU trade this year. To limit a loss to $10K this time is a big step forward in risk management, IMHO.

Tight risk management means it's tougher to leverage your way to $4 million, but your risk of ruin is almost nil once mastered.
 
Buy BIDU at market open on Monday. If it opens flat, put your stop in at 582. If it opens down, put your stop in somewhere between 570 and 585 depending on the open. I think BIDU has fairly high probability of going to 610-615. Sell around there somewhere or wait for a close below the upper bb before your sell is triggered.
Now I'm off to light up some granddaddy purp kush... :cool:
 
Quote from darwin666:

BIDU. BIDU... .. has costed many folks HUGE LOSSES in the last week..

hence ur 1K is minimal.

i think NEKE lost 90 K one week some time ago and most was on BIDU.

it is a PORTFOLIO KILLER..
More...

it's a poprtfolio killer to those that are stupid enough to keep shorting it... that's my take on it.
 
Quote from darwin666:

BIDU. BIDU... .. has costed many folks HUGE LOSSES in the last week..

hence ur 1K is minimal.

i think NEKE lost 90 K one week some time ago and most was on BIDU.

it is a PORTFOLIO KILLER..
More...

Nope! BIDU is a PORTFOLIO DARLING!!! :)

BIDU, BIDU .... has helped many folks SUPER RICH...

BIDU IS A HEAVYWEIGHT DRAGON ... definitely NOT CHEAP TO TRADE.

many good drivers are in the Formula 1 race track ... if the driver is careless ...his ferrari will crashhhhh!

So, I would advice people with No Big Capital to avoid BIDU...
cos if you're on the wrong-side of the track ... the Cost is EXPENSIVE!

There are many ways to make $$$ ... choose a lighter-weight stock to trade 'til you have Big Capital ... then only go fight with the HeavyWeight.

P/S: with only 1K loss not 100K..neke has improve.....
 
Quote from HattieTheWitch:

I must admit, I have not followed this whole thread, but can you explain what you mean?

After all, he has lost > 35% of his account in 3 months.
More...

I put a spell on you, and now you know how to trade around quadruple witching.
 
Quote from NoDoji:

He lost around $100K on a BIDU trade this year. To limit a loss to $10K this time is a big step forward in risk management, IMHO.

Tight risk management means it's tougher to leverage your way to $4 million, but your risk of ruin is almost nil once mastered.
More...


$610-$615. Damn, better get right on it. I think you're wrong. It'll be to $900 before the market even opens and likely higher b/c of this post.
 
Quote from bwolinsky:

$610-$615. Damn, better get right on it. I think you're wrong. It'll be to $900 before the market even opens and likely higher b/c of this post.
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And if it stops out, get back in around $560-$575 and reset stops somewhere below $555 depending on entry. *flick *flick... here
 
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