StockFetcher Forums · General Discussion · BottomLineStocks<< 1 ... 11 12 13 14 15 ... 19 >>Post Follow-up
rrochon
117 posts
msg #33504
Ignore rrochon
10/5/2004 3:20:06 PM

Grumpus,

Congratulations on your successful run. Do you post your daily selections anywhere, so we could follow your example, or is it your secret? Do you have a filter that you select your trades from, and do you share your method of playing the filter?

Would sure enjoy a small % of your successful picks. Mine have not been doing so great.

Dick


txtrapper
548 posts
msg #33512
Ignore txtrapper
10/6/2004 6:55:56 AM

Preserving Captiol - 10% / 10% rule

I canít stress enough to preserve your capital so you can live to
trade another day. This is one of the most important rules in
trading. Iíve put it down in black and white in an example below
so
you can see for yourself how important this rule is. Please take this
into consideration when trading; it will save you every time. I want
to show you the importance of controlling your trades. By this I mean
letting your winners run and cutting your losses immediately. In the
following example, youíll see how I can lose 4 out of 5 trades and
still make money. Iíll use HEC as an example of our 1 winning
trade.
I bought that stock at .52. It proceeded up to .98 before coming
back down. If I had sold at .98 I would have made 88% but I know we
canít always sell at the high so Iíll use a 50% profit in my
example
just to be more realistic. Iíll also use round numbers just to
make
it easier to see.

$10,000 cash position to start
Make 5 trades with $2,000 (10%) in each

Buy $2,000 HEC at .50 = 4,000 shares, Sell at .75 = $3,000 for 50%
gain
Buy $2,000 XYZ at .50 = 4,000 shares, Sell at .45 = $1,800 for 10%
loss
Buy $2,000 YXZ at .50 = 4,000 shares, Sell at .45 = $1,800 for 10%
loss
Buy $2,000 ZXY at .50 = 4,000 shares, Sell at .45 = $1,800 for 10%
loss
Buy $2,000 YZX at .50 = 4,000 shares, Sell at .45 = $1,800 for 10%
loss

Youíve just lost 4 out of 5 trades but your bottom line is still
2%
ahead.
Your balance is now $10,200, with commissions youíll probably
break
even. Iím showing you this example so you can see, even if you
are
only right 20% of the time, you wonít lose your money if you
maintain
discipline and follow the 10% / 10% rules. That is of course, no more
than 10% in any one position and no more than 10% loss on a bad trade.
The 2nd rule is always the hardest and even I sometimes still fail on
this one. But there is absolutely no excuse to fail on the first
rule. The fastest way to the poor house is putting all your eggs in
one basket and having the trade go bad on you. This will end your
quest for financial freedom faster than you can say ďoh no, what
did I
just do with my hard earned money?Ē

The above example is very conservative because we have had many stocks
that have made way above the 50% figures used and not so many losing
trades of 10% or more. We will be right more than we are wrong and
Iím sure we can get 6 out of 10 trades right or even as much as 7
out
of 10 for a 70% win/lose ratio. In the above example, remember, we
only have to be right 2 out of every 10 trades. So if you think you
can follow the disciplines and be right more then 20% of the time, how
can you not make money in this market? It works for any priced stock.
You can start with 50K and buy 100 shares of a $100.00 stock. Be
right once and have the one winner go up to $150.00 a share and you
could sell the other 4 for $90.00, 10% loss and still come out ahead.
No matter what price you pay, just stick to the rule. This is a big
reason why my Trade Record is up 118% in 5 months. I follow the rules
for the most part. I trade my money as if it was yours and I do not
want you to lose your money.

Please follow these simple rules and you will be around trading and
making money for a long, long time. One other favor I would like you
to do is, print this commentary out and put it somewhere near your
computer. Look at it when your trade falls below the 10% loss rule.
Maybe it will help you remember that if you stick to the rule, you
will make money.

In short,

1. No more then 10% of your capital in any one position, and
2. Cut your losers to no more then 10% loss.


TxTrapper

"I can't change the direction of the wind, but I can adjust my sails
to always reach my destination."
------------------


txtrapper
548 posts
msg #33513
Ignore txtrapper
10/6/2004 7:08:20 AM

rrochon 10/5/2004 3:20:06 PM

Grumpus,

Congratulations on your successful run. Do you post your daily selections anywhere, so we could follow your example, or is it your secret? Do you have a filter that you select your trades from, and do you share your method of playing the filter?

Would sure enjoy a small % of your successful picks. Mine have not been doing so great.

Dick
----------------------

Dick, Grumpus is a moderator

@ http://finance.groups.yahoo.com/group/bottomlinestocks/ which you are a member of, I am not sure he is a member of SF or monitors this site, you can reach him at the site or directly @ grumpus@graffiti.net. Grumpus, is a highly motivated trader, with special trading skills, he has taken $10,000 at the Virtual Stock Exhange and in a short time, turned that into a whopping $114,000 portfolio last time I checked. I believe he has a personal website where he posts his daily pics, so if you contact him, he can give you that.

TxTrapper
-------------------




txtrapper
548 posts
msg #33524
Ignore txtrapper
10/7/2004 8:23:24 AM

Where the Big Money's Flowing Now!

Stocks being BOUGHT heavily by institutional investors. Learn More about Where The Big Money's Flowing Now. Click icons for analysis.
10/6/2004
Stock
Symbol Stock
Price Price
Chg. Vol
% Chg. IBD
Stock
Checkup IBD
Charts IBD
Archives Add to
My Stock
Lists
WWW 28.90 +2.53 +1,063 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
HURC 16.46 +1.49 +637 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
CNF 47.06 +2.43 +589 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
AIRT 27.75 +2.70 +549 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
MTEX 18.69 +1.35 +527 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
TOPT 18.45 +1.04 +488 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
RNT 22.80 +1.15 +369 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
EPEX 17.49 +1.44 +304 Click to View an IBD Stock Checkup Click to View a Chart
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DHR 54.90 +2.90 +301 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
AHC 92.91 +2.48 +248 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
FDG 60.30 +2.40 +243 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
DWSN 25.45 +0.95 +229 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
FMD 52.35 +2.84 +213 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
MGG 52.45 +0.89 +212 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
VSEC 30.56 +1.26 +189 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
TACT 29.00 +1.75 +174 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
UCI 35.61 +1.52 +155 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
ARLP 59.50 +1.82 +150 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
TK 48.32 +1.71 +143 Click to View an IBD Stock Checkup Click to View a Chart
Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists
PKZ 38.71 +1.92 +138 Click to View an IBD Stock Checkup Click to View a Chart
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Where The Big Money's Flowing Now
Where The Big Money's Flowing Now is a live version of the popular feature in Investor's Business Daily's print edition. This proprietary screen reveals stocks currently experiencing unusually heavy buying and selling. This idea-generating list is continuously updated throughout the market session as new stocks experience unusual trading. Unusual trading volume can signal heavy activity by institutional investors (pension and mutual funds, banks, insurance companies, corporations and government organizations).

A stock moving up in price on higher than normal volume indicates strong buying conviction that could carry the stock even higher. A stock headed lower on big volume increases could signal strong selling pressure and an emerging downward trend.

To determine unusual activity we measure every stock's current trading volume. Each stock's current volume is then compared to its normal trading by this time in the market session, based on the last 50 trading days. The percentage change is then computed, alerting you to unusual activity while it's happening.

Stocks moving up on unusually high volume may warrant further research. IBD Stock Checkup and IBD Charts can help you research these prospects further.

The qualification criteria for listing in 'Where The Big Money's Flowing Now':
Stocks must trade on the Nasdaq or New York Stock Exchange.
Stock price must be at least $20.00 ($16.00 for Nasdaq).
Stocks must have a price change of 1/2 point or more.
50-day Average Volume must be a minimum of 60,000 shares.
For stocks up in price only, the Earnings Per Share (EPS) and Relative Price Strength (RS) Ratings must each be a minimum of 70, Accumulation/Distribution Rating must be D+ or better and next year's earnings estimate must be 15% or higher from the previous year's earnings. (Stocks without earnings estimates are included.)

Enjoy,

TxTrapper


txtrapper
548 posts
msg #33611
Ignore txtrapper
10/19/2004 7:55:40 PM



Tool for playing the e-minis....look before trading anything.....I check the S&P Index every day, since it closely resembles the movement in the e-minis.
As you can see from the chart the S&P 500 closed below its 50ma. Draw a support line accross the recent lows, as you can see it closed just above support.

If for whatever reason a trading opportunity doesn't arise, it's no big deal. There's always tomorrow.

What's important here is stick to your rules.


go long > 50ma
go short < 50ma


Watch for OBV confirmation.


http://tinyurl.com/3rqj7


Enjoy,


TxTrapper


txtrapper
548 posts
msg #33631
Ignore txtrapper
10/22/2004 8:28:42 PM

Trapper's Picks for Monday Oct,25,2004 -


ICCI
SONE
DESC


Trapper's Friday Pick @ BLS; CDSS up +.10 3.30% today!


Enjoy,


TxTrapper

New Members Welcome; http://finance.groups.yahoo.com/group/bottomlinestocks/

We have a "daily" Stock Picking Contest, fun and educational too!
----------------


txtrapper
548 posts
msg #33774
Ignore txtrapper
10/31/2004 8:13:28 PM

Our daily stock picking contest has become very popular. Here is the monthly winner by average daily return.

===================================================================
Congratulations to MOONSHADOWUS who is our September BLS Champion
with a daily average return of 1.98%!!!
===================================================================


TxTrapper

Come join in; http://finance.groups.yahoo.com/group/bottomlinestocks/


txtrapper
548 posts
msg #33777
Ignore txtrapper
10/31/2004 9:04:04 PM

Another big winner at BottomLineStocks!

===================================================================
Congratulations to STMINTZ who is our October BLS Champion
with a daily average return of 4.40%!!!
===================================================================


TxTrapper
--------------------


txtrapper
548 posts
msg #33799
Ignore txtrapper
11/4/2004 10:35:27 AM

Recent Insider Trades

If insiders are buying shares in their own companies, they usually know something that normal investors do not. They buy because they see a merger, acquisition or great earnings ahead or simply because they think their stock is undervalued.

Peter Lynch, the former manager of the Magellan Fund, has noted that insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise. That is why I really believe that following the insiders path can lead you to enormous profits in the stock market.


BEAV $9.43 (1)
2004-11-01 MARCHETTI, ROBERT A.(Vice President) 2,100 Purchase $16,926
FAVS $3.85 (3)
2004-11-01 LHOTA, JOSEPH J.(Director) 1,217 Purchase $5,001
2004-11-01 KIRK, ROBERT(Director) 1,217 Purchase $5,001
2004-11-01 HILL, STANLEY J.(Director) 1,217 Purchase $5,001
ONVI $5.16 (3)
2004-11-01 WAY, CAMERON S.(Chief Accounting Officer) 200 Purchase $412
2004-11-01 ALPERT, IRVINE N.(Executive Vice President) 200 Purchase $488
2004-11-01 ROWLEY, MATTHEW S.(Officer) 200 Purchase $412
PSTA $3.56 (1)
2004-11-01 GRUBER & MCBAINE CAPITAL MANAGEMENT LLC(Beneficial Owner (10% or more)) 100 Purchase $353
SPRX.OB $0.51 (1)
2004-11-01 MULLER, THOMAS H.JR.(Chief Financial Officer) 5,000 Purchase $2,350


TxTrapper

http://finance.groups.yahoo.com/group/bottomlinestocks/


txtrapper
548 posts
msg #33892
Ignore txtrapper
11/12/2004 8:36:08 AM

Best of the Best for Today!

Use your own DD (due dillegence) and use good money management. You can buy any of these stocks with confidence today on a *"green hold".


AAII is ready
VCMP
WGAT
WEBM
EMRG
SSTI
AMKR
TIDE

*"green hold" - if the stocks turns green (higher than previous day)
anytime during the day and holds for a short period of time.

Come join us; http://finance.groups.yahoo.com/group/bottomlinestocks/


TxTrapper
-------------


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