Silicon Investor (SI) -- The First Internet Community

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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: B Tate who wrote (8073)	6/28/1999 2:51:00 AM
From: B Tate	Read Replies (2) \| Respond to of 118717

Some observations after a month of detailed record keeping (not an easy task for me ;-)) Thanks to Dale for a couple of his rules. 1. Write down your trading rules 2. TAKE PROFITS 3. More of #2 May 18 - June 18 up 38% (high of 49%) Establishing my rules in writing was by far the most significant. Most of you know I enter and exit on TA points. I take cash every day if targets are hit and move on to the next one. NO percentage targets just $$$$$ Buy support and sell resistance. I know this doesn't fit with Thread policy but thought I would try it anyway. I use options as well as trading the underlying stocks. I watch a list of about 100 stocks in various sectors and watch this and other threads for 'ideas' and stories and then look at entry exit points. FWIW some of the better/worst are listed below Winners CS, CPU, PTEN, SPDE, VLNC, NVLS, CAT, IP, KEA, ORCL, STGC Non-winners FOX, MDG, IP, CAT, HMA Currently hold Longs or calls, BAX, T, LLY, CS, AXNT, RTN, NORE (The last two are basically hold for ever.) Shorts or Puts ORCL, KEA, PAIR Cash 30% It will be interesting to see if I can maintain my system. Not being an accomplished TA trader (read GURU) I'm sure the averages will catch up to me. If I keep taking profits and keep losses small I should be able to at least maintain a pace with you folks. %^)