TheRumpledOne
6,411 posts
msg #99990
- Ignore TheRumpledOne |
3/29/2011 5:15:43 PM
Good read:
http://finance.yahoo.com/news/Man-vs-Machine-Wall-Street-atlantic-3191753404.html?x=0&sec=topStories&pos=7&asset=&ccode=
|
maxreturn
745 posts
msg #100124
- Ignore maxreturn |
4/5/2011 5:59:34 PM
TRO, I've been spending a more than a little amount of time going through this thread. Of all the filters/variations of filters that you've posted, which one do you rely on?
Regards
Max
|
TheRumpledOne
6,411 posts
msg #100139
- Ignore TheRumpledOne |
4/6/2011 2:04:14 AM
I do NOT rely on a filter.
First, I pick a method. Lately, I have been working on the OVER NIGHT HOLDS for traders who can't day trade.
Next, I find what stocks, STATISTICALLY, produce the most consistent profits with this method.
I am NOT looking for the "stock de jour", I am looking for "cows" that can be milked every day.
I :"found" AAPL and RIMM years ago, and they are still producing "milk".
If you can day trade, then it is MILKING THE COWS / FADING THE GAP.
If you are trying to increase your portfolio, then it is RUN FOREST, RUN.
If you cannot day trade, then it is THE BIGGEST LOSERS - OVER NIGHT HOLD.
But remember...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!!
|
maxreturn
745 posts
msg #100167
- Ignore maxreturn |
4/7/2011 6:08:54 PM
Great. Thanks TRO
|
TheRumpledOne
6,411 posts
msg #100453
- Ignore TheRumpledOne |
4/28/2011 9:33:32 AM
Did anyone see LULU hit $100?
|
kindtrader56
12 posts
msg #100644
- Ignore kindtrader56 |
5/7/2011 2:47:48 PM
TRO
You don't know me but I just want to thank you for your generosity in sharing ideas. I started trading fulltime 2 1/2 years ago when I made a "career change" ( LOL - I was laid off after 25 years). I've read tons of books , put in hundreds of 12 hour days and spent nights and weekends trying to learn how to make a living in the markets. It's been very tough the last couple years but I hang in there.
Bottom line is that while the experts tell you avoid scalping and daytrading, this is what best fits my personality. You are the first trader I have run across that stresses taking small wins throughout the day. If I can average 4-6 $50 dollar wins per day I can make a reasonable living. Why take large risks when you can win the race with slow and steady. Your success has been a great reinforcement to me that I can be successful with this kind of trading. I recently moved to Arizona and I now get up at 5am every morning to trade the opening. Your filters and systems have inspired me to create my own and I want to thank you for your being willing to share.
Hopefully I am going to ultimately be successful and if so, I intend to share whatever I learn with whoever I can help.
Thanks,
Mark
|
TheRumpledOne
6,411 posts
msg #100657
- Ignore TheRumpledOne |
5/8/2011 6:48:26 PM
You're welcome, Mark.
Where in AZ? Perhaps we can go see a Dbacks game.
|
kindtrader56
12 posts
msg #100660
- Ignore kindtrader56 |
5/8/2011 7:13:32 PM
TRO
I just moved to the North Peoria area. Big time sports fan ! We are really enjoying the Valley.
Mark
|
TheRumpledOne
6,411 posts
msg #100667
- Ignore TheRumpledOne
modified |
5/9/2011 4:44:48 PM
Send an email to me (therumpledone gmail) so we can set up a Dbacks game.
I may go to see Atlanta play next week.
|
taylorsk
106 posts
msg #100669
- Ignore taylorsk |
5/9/2011 6:56:28 PM
Hey Kindtrader 56.
Pretty much the same boat.....
reduced to part time 4 years ago, released completely jan this year.
TRO's posts really helped me find a method that suited my personality and for that I will be forever greatful.
Maybe I will have to buy a winter place in Arizona!
Enjoy the game boys!
taylorsk
|