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Strategies & Market Trends : Trader J's Inner Circle
NVDA 180.19+1.3%Nov 26 3:59 PM EST

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To: Trader J who wrote (3668)1/9/1999 1:12:00 AM
From: FishingDude  Read Replies (2) of 56535
 
HELLO thread: I am a lurking newby.. I enjoy this thread very much you are all straight shooten educators. Started trading Nov 20th w/4000$ dropped to 3200 in one week. I bought on the gap a few times. (TJ you warned us Newbs about the gap buy in mid-early Nov). The account after, 15 trades is now @ 4900. 13 of these trades came from this thread. In the past I have only invested on fundamentals, I made 13 trades in a year. Anyway this is a lot of fun.
I still make plenty of mistakes.
My strategy is to hold 50% of my account in long, While maintaining the other for short term, 3 mins to 3 days (Wery complex eah?)
some how today i blew my 50/50 rule off.
my positions are as follows:
aklm 200
asct 200
gend 100
sybr 200
My rational:
aklm: they have 2 hit games and were technically set to rage will hold 100 past earnings for sure
asct: if the rumor doesn't come to fruitation, it was fun imagining
gend: revenge.. Had this last week. took it home to the fire. felt remorse, put sell order for morn at purchase (7 5/8) went in the morn @ 16 1/4.!>. Thought to myselve, these guys(the MMs) must be lovers of man kind er somptin, so while helping my 4 yr old dress i also slapped a buy at 14 1/4,sold at the end of the day at 9 27/32. I do think they will run a little next week.
sybr:I think these niche interNUTS are for real. This comp has a true shot at some profs. geer& bikr as well (they dont have the babe w/ the cigar though)
sorry for ramblin on so long
but kind of feel this thread needed a crazy newby post
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