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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Zen Dollar Round who wrote (52369)	5/22/2019 3:05:32 PM
From: Trader J	Read Replies (1) \| Respond to of 56532

Sorry JF, keep forgetting to get back to you on this. Actually, yes, I have heard for AIM investing and I actually did something similar with my own program to try and accomplish the same thing, but it was more manual than I would have liked. I used to locate stocks that were relatively volatile and would move within a range while not being prone to big gaps, etc. Back in the day it was stocks like DE, GE, GM and even some of the energy plays which all could pay decent dividends while you wait for them to rise and fall to hit your purchase or sell limits. In fact, I would often purchase then immediately set my limit sell and not even look at it again until I got a notification that it sold. The trick for me wasn't in having just one or two issues but I always had a basket of stocks with decent volatility but and at any point in time many of them were rising while the others were falling, so I'd always focus on those that underperformed and were near the bottom of their respective ranges. Even better if the issue was just ping ponging back and forth in a tight range. Like I said though, when I was doing that, it could sometime take too much manual effort though now you can do some scripting to help automate it. Please don't apologize for coming off as a commercial. Passion often can be mistaken for that and I'm far more interested in finding passionate individuals who have systems and methodologies that they swear by. I'll follow that board a bit. My "Trading" account is my play account and while I wouldn't call it gambling necessarily, many probably would. I still trade those stocks which I'm closest and have followed for a fair amount of time so I understand their ranges and catalysts. I like to keep my trading account at a level which has always been consistent to me for giving me enough flexibility. Right now, 80% of that is in ROKU purchased at $27 or so as I mentioned .... and now it's getting close to $90. I have been taking some puts against it as insurance but it keeps running which is fine by me. But I'm going to need to take some profit at some point or just be fine with holding it as it could be a HUGE long term winner. Still have yet to decide. I have not checked out AAXN in a long time. I don't even recall that symbol, did it used to be TASR? I'll check it out though. Thanks for the note. Jeff