Would you rather find a stock the bring you 1000 percent a year, or would you rather trade ? I found some oil stocks that jumps incredibly over the last few years or so, before pulling back down. How hard is it ? Would you rather buy and hold at the right time, than trade in and out, wasting your life away in front of a screen ?
look here ... it is easy to look back in time and say I had a 10 bagger or 100 bagger .... " all in " as they say ... but in the meantime ... if one is able to return 10 - 100 times their original acct in actively trading then ... does it really matter ? depends on which is easier ... to do ...
Finding another rocket-ship like Google isn't too hard. Just watch the IBD 100 and look for fast-risers. They start out near the bottom of the list and climb like a single climbing the Billboard chart. By the time the stock hits the top ten, enough people have seen it to start piling in, and the stock takes off. I have personally seen this exact sort of behavior happen with: TASR, TZOO, YHOO, EBAY, among others. I made money offa all of those by using the Billboard approach. Every single top performing stock shows up on the IBD 100--thanks to their screening algorithms. But now I trade the e-minis, because you can make (and lose) money a helluva lot faster than waiting for a stock to take off. And with e-minis, you can make good money with a much smaller account than stocks. So I guess that answers your question...
Keep an eye on the stocks that are making new-highs, day after day, week after week, i.e. GOOG, QCOM et al. That's what the 10,000-banger stocks look like. The tough part is holding on for the entire ride.
I am willing to learn from winners. Are you making money ? Where can I start to learn more about trading e-minis ? Thanks. Oh, btw, which broker are you using for trading ? Do you use Charts ? Thanks
Adobian, They are not mutually exclusive. Do both. Buy the high flyers and trade with the remaining capital.
yes ... I have been thinking of tinkering with that approach taking some spare change from my trading account and building a portfolio of names and perhaps even using options if those stocks have listed options on them my goal would be to return more than money market rates or beat a few of the indices maybe I would through some ETF's into the mix
I've been using google sinse the 8th grade (1999). My senior year in High School I told my parents that I wanted them to contact my money manager and put all my money in google @ the IPO. The IPO was like what?..85 a share, and went as high as 475? I coulda been a millionaire by now, and I'm only 20. But did anyone listen to me..NO!. Did Yahoo, Microsoft, Ebay, Amazon..did their IPO's fail..NO.. Thats ok, I'm young, I can wait a few more years. - nathan