The treacherous path to $200k a year

Conclusion for today:

New filterings have been implemented, While I don't lose money, I am very pissed off that there was no gravy train to ride because sitting here waiting for my Alert program to yell
"Hallelauha God has brought you money" in TS ( I love the voice feature!)
and not being able to profit is a waste of my time.

New stock filterings have been improved,

Next time when I take out a target, it won't be a peasant disguised as a general.

 

I agree, you should try whatever you think may work. All I am saying is if you want to take any sort of sizable position in a stock like APC, you will find two things:

1. There wont be enough shares to short once the stock looks safe without paying down quite a bit, making the trade riskier.

2. You will find your stop is too tight because the stock usually whips around in a 20 cent range even when you are right on the true direction.

Either way, try whatever you want, I have a lot of experience trading this stock and know its character. I dont know what size position you take, but if its more than 500 shares you will find it very hard to find any good entries with your tight stop critieria

 

<h2>COOLWEB REBORN</h2>

Hello,
I did not take any trades because I was busy with this web investment business I got going. I wake up @ 6:00 just to work on it before the market and during slow times, Also the volatitlity in APC turned me off

I also watch more then I trade, I'm starting to develop tunnel vision but I learn immensely

I'm taking this to a whole new level.
I will begin trading YM / ER2 Contracts.

Short only.

Just like what I mentioned in my previous goals.

I just noticed I'm watching the market and predicting it to almost 99.5% when I do take a trade, then watching the stock. But shorting in stocks make no sense, when the real reason I Wanted to go into stocks is because I want to set it and forget it. Closing out a short within 3 days is not called forgetting it.

ONLY LONG POSITIONS will be done for stocks.


As I set out in this goal $200k mininum a year.

I will begin trading with 5 contracts,
then 10 contracts
Then 30 contracts
then 50 contracts

Why? Many reasons I do not need to state here. I just don't lose these days. My buttontrader keeps me in check as well.


You want to see amazing?
I will be posting real time in chat rooms, and my great swing trades on this board.


I guess what I finally realized was, My methology was a little off, but when I went back to stocks, Everything just looked so much clearer and profitable so I refined it even more, when I refined it, I noticed it wasn't the instrument.. I guess I can trade anything I want now.

Lets take this into the big leagues baby.

You don't think so? have no fear, I love proving people wrong. Its going to be a great time.

 

Did you retire?

 

we should see a bounce...I will be watching the ticker and volume first though! this falls within your budget for a stock at 20/share

 

Coolweb also posts under the ET name "Cluseau"

 

yes, it would appear Coolweb has become another statistic.

 

If you haven't noticed I only short these days, When I do trade I usually post about it, When I have no trades, I don't post at all.

Worry about your own trading kids.

 

Only playing one side of the market; thats rather limiting dont you think?

 

Looks like we have taken a detour again on "The treacherous path to $200k a year" and the driver (coolweb) lost the map. :eek: