The pullback from panic sell has helped me gained a little over 20% in 2 days!!!. Bidu up for me at 9%, AAPL, 7% and C has helped me with 6%. Total of 22% gained. They are nice long term growth stocks however, I feel that swing trading and daytrading will make the most out of these stocks. Hoping for more falling prices in these stocks and hope to renter again for swing trades :). With the market being so uncertain it would be more wise to just observe which direction it would head into.
There is no system in the world that can be called the "Holy Grail" If there was one I am sure everyone would have known this and everyone would be making money. However, with indicators it shows a pattern that we can learn from it and predict what might happen in the upcoming days and with a good stop loss in place it makes it more better for risk/reward ratio in the market.
Making thousands of dollars a day would be very nice. Even making one or two hundred dollar per trade consistently can make a good sum of money.
Wednesday, November 14, 2007
Quick gains
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2 comments:
20% gain? The calculation is not correct unless they are compound one. And they are meaningless unless you have a big share number behind them.
It makes more sense to talk about portforlia percentage gain.
Cheer,
-Peter
Yes what I am referring to is the portfolio gains
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