Timing the Trade the Wyckoff Way Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Timing the Trade the Wyckoff Way

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tokendude who wrote (13687)	4/9/2015 10:19:59 AM
From: coferspeculator	Read Replies (2) of 14340

Probably a few reasons if struggling . . . consistent execution could be one . . . got to do the same thing every time . . the inexperienced don't have or aren't able to follow a plan . . portfolio game plan another . . . what are the priorities . . . the inexperienced treat every stock the same . . they think the company analyzing crap for cancer is as good as a Facebook . . . the biggest percentage of top gainers from BTT are the obvious ones . . the ones with core characteristics . . all the stocks on the leaders list have them and had them when listed . . they represent about a dozen to or so choices a year . . these are the best of the best . . the ones to be buying and holding . . many discussions about what characteristics they have in their reports . . these stocks stick out like a sore thumb . . BTT suggests over half of the portfolio be in these . . the experienced don't need to be told that, they know it . . the niche group's another one that has some strong performers but they are more volatile and the percentage going up significantly is less .. . they lack certain of the attributes the core choices have . . some of the niche leaders will become core stocks . . most won't. the other group are the stories with a lot of potential but little or no revenues . . they might become a core or niche choice a year or two but most won't . . . . right now the biotechs are part of this group . . some of these rocket up on momentum . . . . a few, like the one you mention have blockbuster potential . . that's billions in sales . . this company will probably become a core if the FDA approves their product . . lot of folks think that will happen . . that's why it's gained over 400% . . the second and third groups make up over two thirds of the choices . . maybe it is because they make up the majority of choices or are the most recent ideas that some folks buy almost every one of them . . in my opinion the first group should make up at least half of the portfolio . . in my margined four stock portfolio they are the only choices . . . in my IRA portfolio they'll comprise at least half of the positions . . . year in and year out the cores as a group far outperform the others . . . you only need to look at the results of the BTT leaders to realize what does best . . another reason for struggling may have to do with having the patience and discipline to be successful as a trader . . especially for the intermediate to long term . . that's the time frame that offers the best chances for making big gains . . folks that want to jump in and out of stocks will learn they need to make a lot of small profits to make good money . . that means a high percentage of wins . . sounds good when you listen to the folks on CNBC's Fast Money at 5:00 . . how well did that group of pros do last year when they posted their top trading ideas during the year . . three of them lost money; - 4.4%, -13.4% and - 14.6% . . four of them made money . . + 20.4%; + 22.8%, 24.1% and 24.4% . . these are top notch traders . . the two biggest winners for the entire group last year were two BTT stocks . . .. and they bought them well after recommended . . short term trading is a very tough game . . only the pros have a decent chance of making money in the long run when actively trading . . . folks thinking they can do the same from their home on a part time basis may find that is wishful thinking . . . my thoughts for what they are worth . .

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next