This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.
New Buy Candidates: APAC, BECN (rebuy), CVTX, EL (maybe), ESIC, GFF(maybe), HH, HIL, HLYS (watching), ICAD (rebuy), IRIX, LTS (maybe), LYV (maybe), MWA (watching), NGA (rebuy), RMG (rebuy), THMD, UDW
New Short Sale Candidates:
Add To: ATSI, BPSG, CBMX, EMIS, FINL, HGR, MITI, MRGE, PARL, STAA, XRM, XSI
posted by Nick M. @ 7:50 PM
Hello and welcome to my blog. My name is Nick and I am a recent graduate of a top research university. I currently hold a BA degree in Psychology. My main interests are industrial/organizational psychology, HR management and of course, securities and the financial markets. I became interested in trading and investing in stocks a few years ago by pure chance and curiosity. After learning some of the basics in 2003, I began to trade in full force in 2004. Although I've been trading for only a few years, I have learned much about stocks, and analyzing charts in this relatively short time span. My experience and chart reading skills are my edge in successfully navigating the stock market. My strategy and discipline is a blend of trader and stock picker. My style of trading has helped me find some of the current markets top winners in their infancy. In addition to my own personal trading and investing, I also manage assets and portfolios for close friends and family. My goals are to continue to improve and refine my trading/investing strategies in order to further enhance my performance in the market. Eventually, I would like to establish my own investment/asset management firm.
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2 Comments:
Hi Nick,
Are you still holding all your HYGS?
Rocoach,
I sold all of my HYGS when it fell 8% below the purchase price. This includes the add on positions and the original buy. Although I occasionally get lazy, my rule of thumb is to sell a losing position when it falls 8-10% below the price I bought it. This is true of all my positions. Since I trade a large number of positions, I am not able to post up to the minute sells and buys. I can only tell you what stocks I like and which ones I may buy. From there, traders are on their own and must use their own sell rules and strategies to get out of a trade.
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