The key variable that will improve returns for me are correct stock selection, portfolio diversification and entry.
Keep up the good work here!
Jonathan
Spot on Jdbzero... This is the secret of wealth,,
The weak list I compiled with FIBBO goes back to SEP last year.. Stocks from SEPT to DEC fell around 30% on average other wise the return on your portfolio would have been much much higher,,, Stocks that approach their book value show less tendency to move lower and we are not having much luck now a days with short term market direction ...
The secret of wealth is this .. Pick weak stocks by their fundamentals ( I probably point out on how to pick them up during the next seminar ) .. let them run , no adding to position ,, no reducing position no reversing no nothing except taking a position when MACCI is OB and closing when MACCI is OS or when ever the stock hits it s target ,, which ever comes first,
Day trading is gangster trading ,, risks are high so is robbing the bank but the reward is high for those who dare and have the psychology to do the job.
I am going to show you how to intra day trade for profit but whether you can make it as a profitable intra day trader that I don’t know because you need to have the correct psychology . DONOT MISS THE SEMINAR IF YOU ARE AFTER DAY TRADING AS A CAREER
Just the last word on swing trading ,, look for stocks that miss their earnings big time and short them when their MACCI is OB which means not on the same day that they report earnings. give them few days and BINGO .. guys It cannot be simpler than this ,, I am not asking you to solve a differential equation of nth order ,, just loads of common sense . Use your knowledge of TA for ENTRY and POSITION SIZE, Diversify and you be very very wealthy man . Use intra day trading to offset your losses on a bad for your swing . This is what we do ,,,This is what you should do ,,
QUIZ:-- Why did AAPL fall 45% from its high in such a short term ? if you have the answer to this simple quiz you are on your way to become a trader business man and not a gangster trader
iraj
