I’m going against my rules since all the major indexes are in red, but I found two stocks that stands out. Let’s see how they play out. This is for educational purposes only.
Disclaimer:This is not financial advice. Stock trading is a risky business and You can loose everything You have invested. Only trade at Your own risk. I take no responsibility for anyones stock trading but my own.
Suddenly all the major indexes are red, and the the of the traders follow. Still only two of my stocks went red and I’m still on green this week with an average of 7.6%. That’s still pretty impressive. CLDX hit the MA50 with the highest prices, but still closed above the T-line. BSIG also hit the MA50 but closed well above the T-Line. Let’s see how they play out. I was wrong about being wrong about ERO.TO. After a slow start, when I thought it would be a floater, it’s taken up some speed and is now hitting the MA50. We’ll see if it will break through the resistance and go for the next level, the MA200. That would be another 27%. Let’s hope for the best. But prepare for the worst. As all the indexes are red, I will not take any chances. I will wait for the indexes to turn green again, then I will pick another max 3 stocks. Rules are to be followed. (I will just take a look at a few candidates, just for fun…)Have a great weekend.
Disclaimer:This is not financial advice. Stock trading is a risky business and You can loose everything You have invested. Only trade at Your own risk. I take no responsibility for anyones stock trading but my own.
All numbers are green. It’s like a fairytale. Stock trading has never been easier. Pretty much just pick any stock, and it will throw money at You. Well, not really. You just pick the pretty ones, and they will grow. I sat down this morning as usual to pick the three stocks for today, and I got so overwhelmed that I couldn’t make a decision. Tomorrow I will have a day off, and I can work with stock trading all day. The results so for this week shows an average of 8.06% with a spread from 5.42 to 11.93. I think I am starting to get the hang of it.
Disclaimer:This is not financial advice. Stock trading is a risky business and You can loose everything You have invested. Only trade at Your own risk. I take no responsibility for anyones stock trading but my own.
All numbers are green. We love green. All the market indices are pointing upward. My data provider got the same bug again. The upside of it , is that I get some free months because I find the bug. The problem is that I can’t select new stocks. I can’t do it until the bug is fixed. I guess it will go faster this time, since now they know what the problem is. Hopefully I can update with new freshly selected stocks later on today.
I got two floaters. The CLDX and ERO.TO. The ERO.TO I expected more of. It was a test if I could select a stock a bit earlier to make some more money. I think Gordon Gekko (Michael Douglas from the 1987 movie “Wall Street”) was wrong this time. Greed is not good. I am more interested in probabilities. To maximize the probability of predicting the stock price movement. I am doing alright know, I guess. Two stocks has already met the weekly target. I work on the selection process and fine tuning the algorithm. I think it’s realistic to set a new target at 10% a week. Of course depending on the market trend. I can do better. I guess I will be there in a few weeks time. The holy grail would be to select stocks profitable in down trend. That’s the wet dream. 10% a week would mean 40% a month. Or rather 46% with accumulated returns. Exciting!
Disclaimer:This is not financial advice. Stock trading is a risky business and You can loose everything You have invested. Only trade at Your own risk. I take no responsibility for anyones stock trading but my own.
Minor reversal on the American stock market yesterday. Some red numbers, but still on the T-line. No reason to panic, just be careful. I think it’s still possible to pick some climbers. All in green, not much, but still better than red.
Disclaimer:This is not financial advice. Stock trading is a risky business and You can loose everything You have invested. Only trade at Your own risk. I take no responsibility for anyones stock trading but my own.
I hope I have learned something from last week. Last week I pick two climbers and two floaters. I have been studying the selections the whole weekend, and I hope I have picked some climbers. There are patterns and info about the stocks that needs to support my choices. I hope I can start with order flow analysis next weekend to help me make better selections.
Disclaimer:This is not financial advice. Stock trading is a risky business and You can loose everything You have invested. Only trade at Your own risk. I take no responsibility for anyones stock trading but my own.
There is a bug at my data supplier, which means that the screener I am using for selecting stocks is totally useless. I AM NOT AMUSED! The key values used in the screener got stuck at February 1. The American stock market key indicators has fallen since then. The market is nervous, but a closer look at the stocks I selected earlier suggests that there is still hope. Even if most of the stocks have lost value, they a still on plus, and they are still above the T-line.
Disclaimer:This is not financial advice. Stock trading is a risky business and You can loose everything You have invested. Only trade at Your own risk. I take no responsibility for anyones stock trading but my own.
All green! Everything is pointing to the sky. First time all my selected stocks are green. It’s easy when the market trend is pointing to the sky after the last weeks horror show.
Disclaimer:This is not financial advice. Stock trading is a risky business and You can loose everything You have invested. Only trade at Your own risk. I take no responsibility for anyones stock trading but my own.
