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$1000 to $32000, with momentum strategy.

Started by stocky, July 22, 2005, 02:04:12 PM

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stocky

Hi guys, I am also jumping in.

Plan is

1. Buying hot fast stocks [really cant define that but may be anything in hot sector]

2. Buying with 1k [infact 980, to take care of commissions] and compounding.

3. Not aiming for 100% but modest 25% to 50% with each trade. HIT and RUN :)

4. Starting next trading day, I will post all my trades, right after I am through them.

5. I may close a trade with loss :)  Not holding till eternity may come.

6. Request others not to follow, just experimenting ;)

7. May hold stock for maximum of three days

8. May use other speculators pick [but offcourse will give credit to the picker :)]

Need goodluck from all you guys

eagerlearner

go stocky go!
time to learn some  daytrading for me!

:o
Quote7. May hold stock for maximum of three days
:o
is that a hard rule u will follow? even it's running away? ;)

best of luck!

stocky

Nothing is hard and fast in trading, only $$$, though I would like to dump when others are chasing and not vice versa.

higherstocks

GL Stocky!!!!!

It will be interested with you, EliteG, and me to have three diffrent stratagies chasing one dream. : )


stocky

#4
thx higher, hope we all make it.

And I may use ur, elite or even 3SF picks. I have just warned in my 'going concern' statement.

cumulina

I wish you and the rest of the "competitors" all the good luck!

It will be fun to watch.

I just unloaded a handfull of pennies - some with a 30%+ loss  :-\

So much for pennies for me for a while.  ;D They have been fun, but expensive!

Will keep an eye on your progress.

Cheers.
Happy trading...

:)

Cumulina.

agatto2

meee to cumulina,,,, from now on its a dollar for your thought. Is penny bashing against the law? ::)

stocky


stocky


stocky


stocky

#10
First Trade: IPIX

In with: 995
Out with: 1043
duration: 20 min
credits: dez, dave

both trades include scottrade commissions.

Hope to make next trade tomorrow :)

jb

IPIX is going to be quite the stock, I bought on Friday. This is not a daytrade for me.  I think this is going a LOT higher. 

stocky

Very true. Just I am using momo strategy. I will buy a stock as soon as I see ppl are interested and will sell at the first resistance or as soon as possible.

Hope you make more with it. Goodluck.

stocky


stocky

I am holding TGE. The reason

0. Upside earning 14c compared to 4c [that should give some new low PE :)]
1. Very low float
2. Very low institution holding [and they may try to increase it]
3. closing at the High of Day

I dont know which way the stock will take tomorrow. But I will sell if it 'tries' to go down 9. Will see how things develop tomorrow.