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| txtrapper 548 posts msg #33777 - Ignore txtrapper |
10/31/2004 9:04:04 PM Another big winner at BottomLineStocks! =================================================================== Congratulations to STMINTZ who is our October BLS Champion with a daily average return of 4.40%!!! =================================================================== TxTrapper -------------------- |
| txtrapper 548 posts msg #33799 - Ignore txtrapper |
11/4/2004 10:35:27 AM Recent Insider Trades If insiders are buying shares in their own companies, they usually know something that normal investors do not. They buy because they see a merger, acquisition or great earnings ahead or simply because they think their stock is undervalued. Peter Lynch, the former manager of the Magellan Fund, has noted that insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise. That is why I really believe that following the insiders path can lead you to enormous profits in the stock market. BEAV $9.43 (1) 2004-11-01 MARCHETTI, ROBERT A.(Vice President) 2,100 Purchase $16,926 FAVS $3.85 (3) 2004-11-01 LHOTA, JOSEPH J.(Director) 1,217 Purchase $5,001 2004-11-01 KIRK, ROBERT(Director) 1,217 Purchase $5,001 2004-11-01 HILL, STANLEY J.(Director) 1,217 Purchase $5,001 ONVI $5.16 (3) 2004-11-01 WAY, CAMERON S.(Chief Accounting Officer) 200 Purchase $412 2004-11-01 ALPERT, IRVINE N.(Executive Vice President) 200 Purchase $488 2004-11-01 ROWLEY, MATTHEW S.(Officer) 200 Purchase $412 PSTA $3.56 (1) 2004-11-01 GRUBER & MCBAINE CAPITAL MANAGEMENT LLC(Beneficial Owner (10% or more)) 100 Purchase $353 SPRX.OB $0.51 (1) 2004-11-01 MULLER, THOMAS H.JR.(Chief Financial Officer) 5,000 Purchase $2,350 TxTrapper http://finance.groups.yahoo.com/group/bottomlinestocks/ |
| txtrapper 548 posts msg #33892 - Ignore txtrapper |
11/12/2004 8:36:08 AM Best of the Best for Today! Use your own DD (due dillegence) and use good money management. You can buy any of these stocks with confidence today on a *"green hold". AAII is ready VCMP WGAT WEBM EMRG SSTI AMKR TIDE *"green hold" - if the stocks turns green (higher than previous day) anytime during the day and holds for a short period of time. Come join us; http://finance.groups.yahoo.com/group/bottomlinestocks/ TxTrapper ------------- |
| txtrapper 548 posts msg #33905 - Ignore txtrapper |
11/13/2004 8:05:15 AM TxTrapper's 10% - 10% Rule Money Management I can't stress enough to preserve your capital so you can live to trade another day. This is one of the most important rules in trading. I've put it down in black and white in an example below so you can see for yourself how important this rule is. Please take this into consideration when trading; it will save you every time. I want to show you the importance of controlling your trades. By this I mean letting your winners run and cutting your losses immediately. In the following example, you'll see how I can lose 4 out of 5 trades and still make money. I'll use HEC as an example of our 1 winning trade. I bought that stock at .52. It proceeded up to .98 before coming back down. If I had sold at .98 I would have made 88% but I know we can't always sell at the high so I'll use a 50% profit in my example just to be more realistic. I'll also use round numbers just to make it easier to see. $10,000 cash position to start Make 5 trades with $2,000 (10%) in each Buy $2,000 HEC at .50 = 4,000 shares, Sell at .75 = $3,000 for 50% gain Buy $2,000 XYZ at .50 = 4,000 shares, Sell at .45 = $1,800 for 10% loss Buy $2,000 YXZ at .50 = 4,000 shares, Sell at .45 = $1,800 for 10% loss Buy $2,000 ZXY at .50 = 4,000 shares, Sell at .45 = $1,800 for 10% loss Buy $2,000 YZX at .50 = 4,000 shares, Sell at .45 = $1,800 for 10% loss You've just lost 4 out of 5 trades but your bottom line is still 2% ahead. Your balance is now $10,200, with commissions you'll probably break even. I'm showing you this example so you can see, even if you are only right 20% of the time, you won't lose your money if you maintain discipline and follow the 10% / 10% rules. That is of course, no more than 10% in any one position and no more than 10% loss on a bad trade. The 2nd rule is always the hardest and even I sometimes still fail on this one. But there is absolutely no excuse to fail on the first rule. The fastest way to the poor house is putting all your eggs in one basket and having the trade go bad on you. This will end your quest for financial freedom faster than you can say "oh no, what did I just do with my hard earned money?" The above example is very conservative because we have had many stocks that have made way above the 50% figures used and not so many losing trades of 10% or more. We will be right more than we are wrong and I'm sure we can get 6 out of 10 trades right or even as much as 7 out of 10 for a 70% win/lose ratio. In the above example, remember, we only have to be right 2 out of every 10 trades. So if you think you can follow the disciplines and be right more then 20% of the time, how can you not make money in this market? It works for any priced stock. You can start with 50K and buy 100 shares of a $100.00 stock. Be right once and have the one winner go up to $150.00 a share and you could sell the other 4 for $90.00, 10% loss and still come out ahead. No matter what price you pay, just stick to the rule. This is a big reason why my Trade Record is up 118% in 5 months. I follow the rules for the most part. I trade my money as if it was yours and I do not want you to lose your money. Please follow these simple rules and you will be around trading and making money for a long, long time. One other favor I would like you to do is, print this commentary out and put it somewhere near your computer. Look at it when your trade falls below the 10% loss rule. Maybe it will help you remember that if you stick to the rule, you will make money. In short, 1. No more then 10% of your capital in any one position, and 2. Cut your losers to no more then 10% loss. TxTrapper Join today; http://finance.groups.yahoo.com/group/bottomlinestocks/ "I can't change the direction of the wind, but I can adjust my sails to always reach my destination." ------------------ |
| TheRumpledOne 6,529 posts msg #33918 - Ignore TheRumpledOne |
11/13/2004 10:03:31 PM Coincidence? http://www.optionetics.com/articles/article_full.asp?idNo=8558 MARKET INSIGHT: Money Management By Jody Osborne, Optionetics.com 6/19/2003 7:30:00 AM We can find a lot of information about trading in books and on the Web, but most of it details how to pick stocks and what strategies that are available using options. However, one very important aspect of trading is often overlooked and this is money management. I often get the question, “Why did such and such stock move against us when everything was pointing at a good trade?” Trading is not an exact science; if it were, there would not be a market because everyone would know how to win. In sports, a team can often play a great game and still lose. The same thing can occur in trading. We can have all the odds in our favor, yet the stock will move against us. Despite the fact that many trades will lose money, if we manage our trades appropriately, we can still make nice profits. In fact, we can make money trading even if our winning percentage is below 50 percent. In just a moment, I am going to discuss how this is possible. However, before we go into some money management techniques, we need to realize that we are going to have losing trades. Even the best baseball team doesn’t win every game. In fact, a 60 percent winning percentage is considered great in the sport. This is similar to the options game, where a person who wins 60 percent of their trades should come out well ahead of the game. Too many traders enter a trade without any idea of when they will get out. Not only should we have a profit exit set, but we should also have a loss target set. With some strategies, we might be willing to risk the entire capital used, while others we might have a mental stop loss in place. Regardless of where your targets reside, it is important to have them ahead of entering the trade. This is because emotion will dominate our trading decisions if we don’t have an idea of what to do ahead of time. Now, just to show that we don’t have to be right every trade, let’s take a look at a table showing the profits made using various winning percentages. There is an old saying that states “Let your profits run and cut your losses short.” It is this basis that gives us the following table. Winning % Ave Win Tot Win Ave Loss Tot Loss # of Trades Profit 40% $500 $4,000 $250 $3,000 20 $1,000 50% $500 $5,000 $250 $2,500 20 $2,500 60% $500 $6,000 $250 $2,000 20 $4,000 Table 1: Profits Using Various Winning Percentages Notice that by having a 2-to-1 win to loss ratio, we would have profits even if we only win 40 percent of the time. It is also important that we allocate an equal amount of capital to each trade. Many traders will put large amounts of money into trades they think are the best. However, if this trade doesn’t pan out, it can erase the gains made from other trades. There are various strategies to manage your trading account, but the key is to have a plan. The idea is to “plan your trade and trade your plan.” This means knowing ahead of time where our exits lay and keeping a good record of the trades we have made in the past. Though we can’t win every time, we can learn to manage our money better so that the losses aren’t a problem for the long-term performance of our trading account. Jody Osborne Senior Writer & Options Strategist Optionetics.com ~ Your Options Education Site Visit Jody's Forum |
| hacktheripper 8 posts msg #33929 - Ignore hacktheripper |
11/14/2004 4:33:57 PM http://www.investorshub.com/boards/board.asp?board_id=3045 |
| txtrapper 548 posts msg #34049 - Ignore txtrapper |
11/22/2004 9:43:37 AM When to buy and when to sell ? How do you determine what price to pay (buy-side) or get (sell-side) for a particular stock ? Many traders do not understand the meaning and use of price support and resistance, or trendline support and resistance. They can very well be the traders best friend. Trading on the use of these key price areas when they hold and when breakouts occur can be the most rewarding of all trading strategies. All to often traders fall into the pit trap of buying on the dip, you know a stock price pulls back, greed then comes into play and traders buy because they think the stock price will quickly return to previous levels and beyond. Don't get me wrong many times buying the dip will get some positive results, but to do it blindly can often create financial loss. Remember as the saying goes " stocks go down for a reason ". Buying stock because the price has pulled back and now seemingly cheap from what it was, can be a very quick way a trader can lose their capital. You see if the stock price is falling in price and keeps dropping what has really happened is because of some sort of negative news, the stock share probably broke key support levels and is now spiraling downward.(this can be a bottom fishers worst nitemare.) the same holds true on the upside. A stock share price keeps moving higher and higher, so shorts want to move in thinking the stock will pullback. But in this case the stock may have broke through key resistance levels, in which case a pullback would be minimal, and a very dangerous situation for the short. When a breakout occurs the old support/ resistance now become the opposite of what they were, an important point to remember.... So before buying on the dip, or going short on the high....look first to see if the the most current trendline/ or key support/ resistance has been broken.... and don't forgetb those Moving averages particularly the 50 and 200 are they support or resistance. TxTrapper http://finance.groups.yahoo.com/group/bottomlinestocks/ (A friendly group - join today - daily stock picking contest) |
| txtrapper 548 posts msg #34370 - Ignore txtrapper |
12/15/2004 4:40:18 AM From: "mitmon" <mitmon@xxxxxx.xxx> Date: Tue Dec 14, 2004 6:57 pm Subject: Our Board Kicks Bootie I was just reviewing the stock picks for our group the past couple of days and WOW....there is no doubt in my mind that our group is better with their daily picks then any group on the internet,,, MadDog Join Today! http://finance.groups.yahoo.com/group/bottomlinestocks/ |
| txtrapper 548 posts msg #34403 - Ignore txtrapper |
12/17/2004 8:10:22 AM Calculated Risk! USXP is a company I have looked at before. They have some interesting things going on. Universal Express, Inc. owns and operates several subsidiaries including Universal Express Capital Corp., (including its USXP Cash Express division) Universal Express Logistics, Inc. (including Virtual Bellhop, LLC and Luggage Express), and the UniversalPost Network. These subsidiaries and divisions provide the private postal industry and consumers with value-added services and products, logistical services, equipment leasing, and cost-effective delivery of goods worldwide. Here is a very neat idea concerning DVD's. USXP announced that its subsidiary UniversalPost has formed an exclusive partnership within the postal store industry with The Convex Group to distribute Flexplay limited-play DVDs in UniversalPost's member stores. Flexplay is a patented technology that renders DVDs unreadable 48 hours after being removed from a specially sealed package. Once the package is opened, the movie can be watched an unlimited number of times within the 48 hour window. The disposable nature of Flexplay, which is recyclable, creates a viable alternative to traditional rental models, with no returns or late fees. This is a pretty good gamble I believe. But it does have a risk of 5...But I love the price. .. Symbol Position Entry Target Stop Loss Risk Rating USXP LONG $0.01-0.014 $0.024 - 5+ TxTrapper -------------------- come join us @ http://finance.groups.yahoo.com/group/bottomlinestocks/ |
| txtrapper 548 posts msg #34559 - Ignore txtrapper |
12/28/2004 5:28:04 AM PARS - Pharmos Corp (NASDAQ) I love these type entries, it was downgraded on 12/21 and as I always say "good news" last's one day and "bad news" last three days so it may pop soon. One thing is for sure, it's not going to stay down long. http://tinyurl.com/5o39o/ Long shot projection; BPTR (OTCBB) http://tinyurl.com/5dwxf/ I am going to stick with a relatively conservative upside price target of $1.50 for the near term, but the company is worth a lot more. TxTrapper --------------- Join the winners; http://finance.groups.yahoo.com/group/bottomlinestocks/message/4809 |
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