SI
SI
discoversearch

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 : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (56636)7/8/2006 1:04:59 PM
From: kacy_in_LA  Read Replies (2) | Respond to of 312694
 
I used to have an account there ... absolutely hated dealing with the brokers, and just let the account go dormant. Eventually they closed out the account for lack of activity.

As an aside, here are some statistics I just calculated from my trade journal over the last 2 years (for the pocket-protector crowd). Still trying to ponder what it means (insights anyone), but one thing that jumps out is that shorter is better, no matter what the ladies might say. This affirms my general impression that I can make more money having an inchy finger on the sell button -- holding and hoping doesn't seem to work nearly as well for me -- and the differences would have been even more lopsided if it wasn't for the fact that I had a tranch of ARU that ended up in the >60 day category.

trades held <= 60 calendar days (unweighted):

average return per all trades 35.9%
average return per losing trade -11.9%
average return per winning trade 69.9%
average number of days in a trade 27

trades held > 60 calendar days (unweighted):

average return per all trades 18.1%
average return per losing trade -24.3%
average return per winning trade 60.0%
average number of days in a trade 96



To: Canuck Dave who wrote (56636)7/8/2006 2:53:19 PM
From: Proud Deplorable  Read Replies (1) | Respond to of 312694
 
"Looks like a hustler to me."

Yes Rick Rule was a night club bouncer in early days and lives in Las Vegas. Different world.

Anyway I'll take my chances on ARU and not on CKG. Do you own CKG and for how long have you been patient?



To: Canuck Dave who wrote (56636)7/10/2006 11:19:31 PM
From: kacy_in_LA  Read Replies (2) | Respond to of 312694
 
Just looking back through some files and realize that I had the wrong firm ... never had an account with Global Resource Investment ... it was with Global Securities, where the hand holding was something I didn't like.