Investing Strategies

I generally stick to the IBD CAN-SLIM investing style. Cut all losses short 7-8% at most, no questions. I have been getting my buys right on the high volume breakouts but have been taking my profits sooner than I should and have been missing some of the longer term moves. Examples include AAPL, bought at 97 and sold at 144 (now around 160), SPWR bought at 48.50 and sold at 59 (now around 89), MR, bought around 29, sold at 32 ( now near 42), BTJ, bought at 19, sold at 23.30 ( went as high as 59.30). I generally take profits once over 25% ,but I just need to trust my pre-buy analysis and learn to sit tight for the big profits.

Definately the Trend is your Friend. Look at ANAD. Nice moderate angle for trend, and tight price range. Large institutional holdings.

The older the trent the stronger it becomes.

I usually stick to the same strategy as you mentioned. I buy stocks that are in good trend and have a unique advantage in their business. I usually leverage through options as well. I usually sell at -30% for options and -10% stocks, unless I think the sell off is unreasonable, in which case I will continue to buy on the dips.

Has anyone heard of PRGN? Does it have as much potential as DRYS? Do you want to chart it?

I sell naked puts I find riding a trading channel and having decent fundamentals. If assigned the stock I sell covered calls. I am only holding two long positions now, both have covered calls. I have naked puts on 14 different stocks right now. If all were assigned I’d be nearly 50% on margin. As of the end of September, I’m up 35.72% for the past 12 months. I’ve left a lot of money on the table by limiting my gains with options, but have done well enough to be happy with my investing model as I also limit downside risk by selling out-of-the-money with my naked puts.

I am starting out trading options after months and months of studying, learning and reading at different sites. I concluded that a mix of different types of strategies is the best. Definetely, I prefer to trade WITH the trend.
On this regard, I am starting to buy short term (2-3 weeks) Debit Spreads that are In the Money with profit potential in the mid 30’s% and time decay working with (not against) you, as well as some space for the stock to move to the downside (depending on your short call/put).
Look forward to read many new strategies to benchmark.

Brett,
You summed up the way I trade as well. After learning that I was missing the bigger move to come, I hold onto my trades longer. The screens that are getting you and I into the trade are often good for more movement than either of us anticipated. A big lesson indeed.

UCLA,
I took a look at PRGN and there really isnt much to chart since its IPO. This sector has been hot and it should follow. I like TBSI though. A little cheaper then DRYS

Can anyone chart gseg
I am trying to day trade
and I use cci and macd
It tends to trend sideways alot.
The bottom recently was .0004 the high so far is .0007 alittle sell off last week.

Hey Donald. I have no experience in day trading stocks that are that cheap. Sorry but I cant help ya out there. Have you had any luck with it so far?

I use a combination of technical analysis and fundamentals. I always value fundamentals over technicals anyday of the week. I believe in “invest in what you know”.I have caught many great investments using this philosophy in the past 2 years which include, crocs, chipotle, research in motion, apple, dick’s sporting goods, mcdonalds, coke, gamespot. I have written a few entertaining aticles on my blog about the “invest in what you know” philosophy.

- Matt

This is going to sound cliche’ but I don’t get into newspapers and earnings reports. Big businesses have lied too much. I use wize trade. Enough said.

Yes it was a great month. Mine was great due to skill though. I found alot of good options with wizetrade.

“Also I used to sell stocks after a moderate move just happy to take a small profit while missing the bigger move to come.” This happens all too often. People don’t realize that stock investing is a risk like any other business investment. If you’re too conservative, you’ll lose out on heavier gains. A.K.A, the real money. Sure, you may have made a couple thousand day trading conservatively. But if you would have stayed under the fire a little longer, you would’ve made 10K. Wizetraders especially forget this.

I agree Greg, and more specifically, wize traders get wrapped up in the ease and security wizetrade offers, and they sit on the sidelines, just desiring one hit of the day. I like to go for the home run record.