I think YOU make yourself a millionaire or a billionaire. A stock may just be a tool you use to do so. Fortune favors the bold. Now, go on and make yourself rich! [Reply]
Originally Posted by Peter Gibbons:
I think YOU make yourself a millionaire or a billionaire. A stock may just be a tool you use to do so. Fortune favors the bold. Now, go on and make yourself rich!
I'm thinking I'll sell around $1000, then re-invest in some shit meme stock and lose it all. [Reply]
I've been super busy these past few months so sometimes screening for stocks quickly on various nights and still trading frequently. October was one of my best trading months ever. Hit some good runners that put my average win up nicely.
I'm boozing and scanning this afternoon. Will put my list up soon.
Many patterns are extended though as we've had the the indexes move green for almost 2 straight weeks now. Makes trading tougher to find good entries using low risk stops. [Reply]
Here's my short list but again, I do see trading getting tough these next few weeks. Progressive exposure means you take on trades progressively, let's say 20% of your total account to start and only move up in total positions if your trades are working. Stops will be tighter as positions move to green as well. AVOID LARGE DRAWDOWNS ON YOUR CAPITAL ON PULLBACKS!
Also, when things get extended, I don't like to enter positions that have me risk more than 6% using technical analysis.