Okay it is easy to do. we can do that. You tell us that you had enough money to buy a stock and trade it. Then you bought a second stock and made another 15% or so. When did you get neoight to buy twostocks? I will guess that at 15% every 4 to 6 weeks that you doubled in about 5 trades (after 30 weeks of the 17 months.) In 60 weeks you now have 4 stocks going that equal your start up captial.etc. In 17 months (about 80 weeks) you got to 10 stocks somehow. Tell us about how you did the last 20 weeks (from 60 weeks to 80 weeks) or is it posted somewhere. Well it is. So is some of the other stuff. Thats kewl. You're telling us you are a beginner and you pull down about 15% on your money and compound it every 4 to 6 weeks. What you just told us is that you started with almost no money at all and at this point you haven't come close to getting any capital in your account. For sure you haven't been trading round lots for much of your hobby time so far. You have less than 100 shares of the 10 items you are holding now.
What I am pointing out to you is this. You make 15% on 10 stocks simultaneously now. At the beginning you made 15% on one stock. since you hold for 4 to 6 week cycles with winners. As timepasses theway you divide your risk over more and more stocks, you can just segment your string of winners down to reality. Going backwards from what the string is now; it doesn't take long to get to your first trade. Counting stocks you own side by side is silly when you tell everyone that you are operating as a series of trades. It is not a series at all it is just a bunch ofgroups traded side by side. and the amount of shares in each stock in a group is very small . you've been eating too much cheese and squashing fat with your weights.
yo0u assume histrades are all serial. They are not. He divided his capital into streams and did much longer hold times to just do 37 trades. Each time he divieds a stream of capital you have to lessen his ROI correspondingly. This guy is a real turkey in how he does stuff. By laying that # of winners on some people he gets them to think it is a series of trades rather than parallel groups of whatever. i am learningwhata cheese head he really is as he traps himslef over time.
the width of his present group is 11 holdings at present. For him to make 15% on his capital he has to complete 11 trades at 15%. Before these 11 crept into his picture he had 11 -x stocks. say he had 8. He has to do 8 trades to turn over his capital to advance it 15%. Just Taking these into account when he gets them done accounts for about 29 of the total number of trades when he gets there. do not be misled into blieving he has done a series of capital compoundings even remotely close to making the money you give him credit for. What is huge about this guy is his manipulations of the facts. He is holding positions in parallel and counting them in series. and he has over 500 people he has bullshitted for years.
Most of you guys are just a bunch of frustrated losers. Some of you have had the decency to give credit where credit is due. Yes I am a superior stockpicker who has outperformed the market in each of the last 12 years. Yes I have 26 consecutive profitable closed trades of 15% or better. Yes, out of my last 38 trades, 34 have been winners. Yes I have a Yahoo Group with 700 loyal members cheering me on. Yes I have a Wharton MBA Yes I have a 385 lb bench press. Yes I have 19" biceps that I can flex anytime I want. I think some of you can become good stockpickers. Many people in my Yahoo Group have become very good stockpickers. Stick around..you might learn something.
I know I can learn something from you. How much is electrolysis per hour? And why is a 43 year old Wharton MBA giving out picks on a free Yahoo board, when he should be well into his career as a hedge fund manager?
because there is more to life than just accumulating monetary wealth or a career of supposed "status". Happiness and a sense of purpose are much more important. Once you have this, you've won the game and there really is no need to play another game. This morning I woke up and went to the gym. Tonight I took my kids to the golf driving range, stopped for ice cream and heard some old jokes that we all laughed at. Why would anyone ever want to change that?
You are making incorrect statements with regard to my entry points. These are actual transactions in which I actively participated with real funds.
Anyway...look at FRED and ACMR...see I gave them a chance and they came back strong. I knew they were great companies.
See no need to talk about their successes. The fact that you need to brag about it means that none of your "success" is real, or that you are not satisfied with the little success you think you've had.