3SOF

Hi, AussieTrader:

I have decided to stop posting on this site.

It is just a waste of time for me.

I have my own blog now and I can do everything there and there is no need to do anything here.

I have deleted all my posts in this thread. If possible, I authorize you to  delete the thread altogether (I created).

The only purpose for the website existence is to make money.

Everyone wants to make money in stock market.

But the fact is that 90% of investors will loose money no matter it is bull or bear market.

I wish that your service can bring big real money to your subscribers.

Bye Bye.

I want a vote:

Any of you want me to continue posting my 5 picks every Sunday night?

If I did not see 10 or more people who want me doing so, I will not continue and this will be the last one as a result.

Will be back Sunday night to check the response.

Thanks.

HI, Bigselly1

If I sold any stock, I will post it each and ever time. Please let me know which case I sold a stock but did not post it. Give me a case.

I did not post Monday because I did not sell at all. That is simple.

If you know Chinese, please read my post on my blog again:

I posted in my blog Tuesday morning (2008-08-5)  in which I said that I did not sell any of the stocks I was holding even though X already reached stop-loss limit Monday.  Please check my blog again.

I also said in the same post that X is the world leader in steel and iron, not sell on panic,  the selloff is sell-on-good-news and it is way oversold and will be rebound to there it was later.

On TSL -

1. the same as I said that  I did not sell on Monday and Tuesday in my blog. I sold Wednesday and I posted it.

2. Actually TSL did not even reach true stop-loss limit as X did in real case as I closely monitored the trades.

Tell you the truth, I did have bought TSL at 26.93 Monday morning and then put a stop-loss order for TSL at 25.85 in my real account Monday.

But as I saw TSL approached 25.85, I canceled the order. Instead, I doubled my position on TSL at 25.97. I played a trick on market maker.

On Monday and Tuesday, TSL did have some trades at 25.85 but only touched it on a total of 100 shares and immediately back up. I have about 1.5k shares then (became 3k after doubling).  As I said that 26 is the strong support on TSL.

For SINA, I posted buy price and sell price on my blog on time. What is wrong with it?

Is there is anything wrong I gave stock picks ahead of time? 

Is there anything wrong on my buy/sells on SINA? on BGC? on SOLF? or Q or on AUY?

Is there anything wrong I sold all my holdings Wednesday on my first five picks as I posted in my blog on GME? on TSL? on XOM? on GIGM? and on X. 

For  SINA ER, they gave very good numbers, better than expectations.

Gap down is a good entry point. Next week it will go up. I will make it one of my next week's picks.

As for D.E Shaw Fund, I do not know what you are talking about?  Keep guessing.

I do manage a hedge fund but it is from China nothing related to US Shaw Fund. I know nothing about it.

I do not know what you are talking about my identify as aarvark either, another guessing.

I already give you my identify, my real name. I have nothing to hide.

Please let me know what is yours? I do think that you are Chinese because I smile another culture revolution here.

Now I want to have a vote here:

If there are more than 10 people who agree with you that I have problems on my ten picks and buy/sell prices, then this will be my last post on this site.

The ten picks are

TSL, GME, GIGM, X, XOM and
SINA, BGC, SOLF, Q, AUY.

Please give a vote.

In fact, I want to make it more strict:

If by Sunday night, I did not see 10 or more people who want me continue posting the picks here, I will not continue and this will be the last one as a result.

Will be back Sunday night.

Hi, BigSully1:

1. The reason:

For SINA and X, I already made several posts.

SINA - please see my previous posts here.

X - I made several posts for X in my blog, not here. When the market crushed Monday and X was at 139, I said that holding all stocks including X and I believe that I can make X break-even and that was what happened Tuesday. I did make it break-even.

2. Why  I am not aardvark:

The following is the link about the last year's first ever SLO top five final result

http://www.*******.net/SLOFinal.htm

and here is the link of my interview by SLO committee Dec 14, 2007 (there was a phone interview later):

http://www.investorplaceblogs.com/strategylabopen/2007/12/jsira2007_of_myira_picks.html

Out

Q - 3.74 (ML upgrade this morning)
AUY - 10.58 (gold price continues sliding)

Any questions about this round of trades (BGC - traded as high as 56.74 today, SOLF, Q, AUY), please let me know. 1 loser, 4 winers.

Also any questions about last round of trades (GME, GIGM, TSL - traded as high as 28.78 yesterday, XOM) please let me know. 1 loser, 1 even, 3 winers.

Interesting: I found out that there is always at least one big winer (>5% gain in 1-2 days) in each round of picks.

By the way, I have no way to manipulate the stock price at all. Only big players can do that. All my picks have big average daily trading volumes.

Penny stocks may be the one subject to manipulation by small players?

I checked my blog entries, SINA was bought at 40.90 not 40.80 as posted in the blog but when we edit the table, it entered as 40.80, wrong typing and wrong calculation.
As a result, I deducted one point to my associate (she is a very good looking girl and works in Beijing China. may be, she is too concentrate on Olympics).


Here is week 17 result:

mini Fund net profit for this round of trades: +$4,843.90, net return: +2.36%.

mini Fund net profit for the week: +$11,491,  net return for the week: +5.79%.

mini Fund total return 17 weeks: 109.85%

From $100,000 in 3/28/2008 to $209,000+ in 17 weeks.
Not a very big achievement, but I need stable consistent profit, not gambling, speculation, big up/downs.

This is the kind of system I wanted. Of course, modifications will be made for 10-12 stock pickings in one million dollar account.

I am also considering non-stopping streaming trades. That is, whenever I closed one trade, I will start a new one, not waiting for all current picks closed as I did here. To do so, I need at least 20 candidates waiting for the line for me to pick up.

Next week 5 picks will be given Sunday night for all of you to look at and do your own DD.

I will test my system until the next round of SLO starts.

Quote from: BigSully1 on August 07, 2008, 06:59:28 PM
Are you aardvark? If so, as the winner of the qualifying round, why were you disqualified from any prizes AND disqualified from winning an entry into the actual Strategy Lab?? If it was for what I believe, you'll never make it past the qualifying round, no matter what your game playing results are.

Thanks for the invite, but I don't play those kind of games

Have fun anyway

No, I am not. I did not register for this round SLO at all. As I said that I wanted to get better result and spend 3 months to have designed a new trading system.

I will use the new system for next round SLO.

I was the top finisher in previous round SLO but was not selected to be in Strategy Lab.

Vad Yazvinski was selected even his return was only 33%+. Because his blog posts were very popular, which had a overall weight of 40%. Real investment return weight 40%. Interview another 20%.

By the way: I forgot: you have to be US citizen (or US green card holder?) to be in SLO.

One more post:

In last year's MSN "Strategy Lab Open" competition, my real return is only 45.88% in 4 months.

I felt that I can do it better and decided to develop a better system. I spent 3 months to develop it and use this platform to test it here from 3/28/2008 and moved it into my blog later.

Now it already lasted 17 weeks.

The system consists 3 parts:

1. stock selection - which stocks have the best chance to gain 2% in one week
2. buy point - I prefer to buy at open gap down not gap up. I can wait for few hours after market open to reach my buy point.

3. sell - most of times, I will follow my stop-loss and profit-taking rule using computerized trading program but I can disable it when I felt I should (machine is still behind human being sometime).

Among 3 parts, the first one, of course,  is the most important one.

May be some of you having questions on some of my trades as I already expected, but I think  that only counts less than 5% of the total trades and that will not affect the overall portfolio performance after 17 weeks of tests.

I give all my planned picks one day ahead of time. Everyone has the time to look into it.

You can also look at the price trend one week after my picks to see whether the stock has reached my 2% profit target during the week.

That will be the most important part.

I will not use the result here to claim that I am the best.

I only use:

1. the real world competition result (you compete with many smart people under the same condition);

2. the real trading account result;

to claim that I am the best if I can win.

Here are some brief rules for the competition:

1. no short is allowed, only long;

2. no penny stock is allowed; only stocks from three main markets;

3. only one tenth of market volume can get you in. For example, if you want to buy/sell 1000 share of a stock, the real volume has to have 10,000 after you placed the order before your order can be filled. If a stock real volume is very low, your order may never be filled. They want you to buy high volume stocks.

4. no stock can take  more than 10% of weigh on your portfolio.

etc.

As I have said that "don't ask my buy/sell prices"  except when the data were wrong as Aussietrader indicated to me today for SINA (40.90 not 40.80).

Actually it is not important 40.80 or 40.90, the stock is very volatile and you can make several trades on it today and make much more money than what I posted here. The same is for X.

There is no way for me to post real time buy/sell real time message. Most of my time is spent on day trading not helping you to make money. You have to do your own work to make money.

As for last five trades, I posted the trading result after market closed not real time.
I have no obligation to do so. I said that you only need to look at my picks not buy/sell prices.

The only way to prove for the trades is in stock trading competition such as MSN SLO million dollar competition  where no one can hide or cheat his trades (you enter buy/sell stock either market  price or limit price in real time into their trading platform, the database will keep track all of your trades and portfolio) or by auditing one's real account.

The next round competition will start in 2 weeks. I invite "BigSully1" and anyone here to compete with me in the competition.  You can show your skills there  and show that you are real genius.

The post here is just for fun and I just use the plat form to test my oneweek2percent system.

I want to see whether my picks are the ones which can make consistent profit.

Bought SINA at 9:36 and SOLD it 9:40.

That is very simple.

Yes, you are right. Bought at 40.90, not 40.80.

Made wrong calculation on exit point using 40.80 not 40.90.

If bought at 40.90, profit taking should be 42.12.

I will modify entry at 40.90 but exit still at 42.03.

The reason:

Buys are done manually. Once the buy price inputed into computer, sells will be executed by computer. 

Unless trader (my associate) manually disabled the computer execution, the sells are done by computer automatically.  In last trade, sells were disabled for all stocks on market sell-off day.

reason for not sell on X and TSL:

X - we mentioned the the stock may fill the gap and the stock oversold, no panic sell;

TSL - we mentioned 26 is the strong support, stock is undervalued, no need to place any stop-loss for this stock.

I do not do any sells by myself. All done through my associates.

Sold

SOLF - 12.75 (may be too early)
BGC - 55.55

Still holding

AUY - winning
Q - small loss now

At present,

3 winers, 2 unrealized.

Out:

SINA - 42.03

symbol    bPrice         stop-loss      profit-taken

SOLF       12.38           11.88           12.75
SINA       40.80           39.17           42.02
Q            3.51             3.37             3.61
BGC        53.67           51.53           55.28
AUY        11.02           10.58           11.35

If the price did not reach both stop-loss and profit-taken, tomorrow close will be used as the final price.

9:36 In:

SINA - 40.80
Q - 3.51
AUY - 11.02
BGC - 53.67
SOLF - 12.38

Tomorrow picks:

select 5 from the following 7:

SOLF - solar sector
SINA - Olympic Momentum
SLT - India Cooper Producer
BGC - Oversold
CF - Arg chemical
Q - Bottomed
AUY - gold.

More profit is coming!!