Mornin Green, There is no hidden message here, if I say I am buying stock #X@$33, then I am buying stock #X@$33. Last year I was trading well over 100 tickets a day. IMO this method takes way too much energy and I quickly realized it also was really not as profitable as one might think since the shares (I was trading lots of 1000)would often be split up (LII on ISLD/SOES etc) and the firm was charging me a commission on each ticket. The added commissions would eat up my profits, infact, the final straw was on a day that I made 14G, but paid 15Gs in commissions!!! Thanks to some added features at this same trading station, as well as rebates for split trades, I have been able to trade far less and make a much better living. I now trade approximately 10 trades a day, am holding longer, (often 2 to 3 days as opposed to 2-3 minutes LOL) and let the stock come to me both going in and exiting. This method also has the benefit for anyone who happens to be following as I know firsthand from feedback when I was making these calls R/T on a particular p-site, that it was extremely difficult to follow without having the same trading system as I had and many did not.
Once again, SHARCK SOUP is only a place where like minded traders share ideas and help each other in terms of strategies or problems they may be encountering. If anyone does<b/> want to watch me in real time, I suggest they download MiRQ and find me on RTTrader or LiveTrader. Else we can open Sharck Soup there too.
I really believe those who have followed "Sharck" over the past few years do so with the belief that there is the highest regard for ethics and standards in trading principals. We NEVER<b/> pick small cap, small float stocks that would allow manipulation re "P&D" and we don't front run ever, period. Foremost this is illegal and most traders are smarter then that and would soon catch on to this type of trading practice.
Finally, I am considering certain offers to join other "private sites" so will give some thought to my continued ability to post here.
Market views will follow shortly, doggie walkie time... |
