Archive for the ‘trading strategy stock’ Category
Im a finance major and have some experience in the stock market, read a lot and still am. Now im in the process of formulating / updating my strategy. I went in last week and did fairly well, 8% on my capital when the market was down 2.5 % by end of the week. I diversified (about a stock in every industry) and had an exit strategy in place mainly for stop loss. I lost on a couple of buys but made up with the rest.
Now i need some Professional input on part of my strategy . Im thinking that whenever i exit a stock (mainly small caps) with a profit, invest "my profit" in bigger solid companies that are down right now . Ex. walmart, msft, intl, sbux, McDonald’s etc. And leave those in my portfolio and hopefully let my profit run and consider them a long term investment. I want to keep reinvesting my original capital and may be add in more money to my capital whenever i can. Is that a good idea? i have another income so i don’t need my profits. So would this hopefully increase my capital in the long run given that these large companies i mentioned are undervalued right now?
Sorry for the long description, any input is highly appreciated. I need a Professional traders / investors opinion
i don’t like your idea. assuming you can make money consistantly in small caps you should put your profits back into that arena. it is always harder being good at two things than at one thing.
Live real time trading video from my screen. Learn from my winners and my losers with commentary. Direct access and Level 2 is better than using a broker I think. I use software filters and setups on the chart to determine what trades I enter. Use this video as a virtual coach for your day trading goals. It’s not easy, but this demo shows you that it can be done day after day for small consistent profits. No secrets, just years of wisdom to share with you all.
Duration : 0:10:5
Watch and learn from my live trading videos. I use real time alerts and filter software. I can’t trade without them. Level 2 and charts are my tools. Online Stock trading is a way for me to “make money at home” as a “home business”. I learned to daytrade from videos, coaching, and other online courses. Live trading will help you learn more than paper trading. Psychology plays a major role in successful trading.
Duration : 0:9:44
I consider live back testing one of the best day trading strategies out there in my opinion, well worth exploring!
Today’s pick: GS, JPM, POT
http://www.killersdformula.com
Duration : 0:4:21
I am right now learning the technical analysis for improving my trading skills. Before indulging in actual trading I want to use a a stock stimulator with indian stocks for testing my trading strategies for which I require a free stock stimulator.
Try www.fingad.com, you can also get advice and see how your strategy compares to others.
Get to http://www.learntradingstock.com to learn more about stock trading and investing for beginners with free online stock trading course, stock trading tips and strategies to increase earnings and investments generated from trading stocks
Duration : 0:5:9
The best advice I have for day trading is not to do it. Day trading is no better than gambling. Good luck.
The best advice I have for day trading is not to do it. Day trading is no better than gambling. Good luck.
http://www.timothysykes.com
http://www.timalerts.com
Watch this 3 minute sample clip from my no BS 6-Hour Instructional DVD – PennyStocking – Penny Stock Trading Strategies To Maximize Your Profits
Duration : 0:3:0
I’m looking for robot-like trading strategies.
Example: Compare the list of stocks on Investors Business Daily TOP 100 list each week. Select stocks which were added in the current week. Buy 100 shares. Sell if 1) it hits a 10% trailing stop, 2) it falls off the Top 100 list, or 3) after 2 months whether it is up or down.
How can I back test this strategy? How does it compare with other mindless systems? If it can be improved, what changes do you suggest?
While I agree with others here that the plan you talk about will not work in any scenarios except a Bull market like 1999-early 2000, you can surely modify your strategy.
At least you are thinking of sticking to a strategy, most folks do not have one and do not stick to one.
What you should do is get educated in Technical analysis ( TA), one you do that there are lots of specialised techniques ( Elliot wave/ Gann )etc. But these basic TA.
I would say Candlestick charting and pattern recognition is good to start .
Then you will know the basic stuff like moving avg’s , cup and handle, head and shoulders etc. Then go for the specialised techniques, settle on one and develop a strategy and start using it.
you can try Meta stock, tradestation, esignal etc, where you can easily backtest.
I like the following websites: realmoney.com, minyanville.com, bigtrends.com, schafferresearch.com etc etc. Most have free trail periods, use all the free stuff before you pay for anything.
There is no shortage of strategies and techniques and not one of them is perfect. Go through them all and you will like some more than others.
BUT MOST IMPORTANT:
Do not forget to read books on discipline in trading by Alexander Elder,Ari Kiev etc.
If you have a strategy and discipline , and stick to it, then thats it.
Also be flexible, what works in one kinda market does not work in another.