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Strategies & Market Trends : Trader J's Inner Circle
NVDA 177.00-1.8%Nov 28 9:30 AM EST

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To: TraderXx who wrote (2951)1/1/1999 3:08:00 PM
From: MMK  Read Replies (1) of 56535
 
TraderXx,

I was interested in reading your comments re IBD. I have done some of the same in the past- finding AAA or ABA stocks and trying to follow them. I have bought a number of the stocks listed on the charts as possible movers, and have lost money on many of them. They seem to go down after I buy them! I have lost a lot of money waiting for them to come back up-because they were listed in IBD, they have to hits, right;). I have learned from these trades to get out with any gain and have learned not to "fall in love with the stock" as TJ says.

I am curious about how you filter through the stocks. You referred to using a system. Is this a program you are using or on you own. I am all for more discussion with this topic. I think the downside risk is less than if you were daytrading-the upside is probably less too, but certainly much easier on my heart!

Would love to hear more-MMK
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