In the end this is still a long only market. The best way to hedge ur bets or use proper risk management is to increase/decrease the size of your positions when you see a potential dip or a run coming.
Regardless of my very very wary stance on this rally and its merits. We are enjoying the fruits of the run as we trade what we see not what we feel. The last 2 days have been so hot I bet 99% of money managers or mutual fund guys couldn’t do it in a year.
We make picks everyday. Its not easy putting it out there for the public. Now you have a record that people can track. Sometimes they bomb like EGMI. But hey we own up to it and know that its a 1 out of 1000 instance.
CCME 14.68— We were adding in the 8s. And even yesterday adding it at 12.20!!! nice nice. Multiday runner.
PALM daytrade 3.77 to 4 bucks in 1 hour
CPWM loading huge at 1.80 close at 2.45 for a 30% 1 day swing
JOEZ 2.54 to 2.80 +++ 10% (heck I gave it to you 1st at 1.55!)
SNSS .75-.85 ++++++++++10% gain on a daytrade
AEN caught the breakout ppppppppppperfect at 1.25 sold some 1.31-1.32 and last part flat at 1.25
Do I get some dogs yep…PESI a stinker right now. KFS stinker But the advantage of being on BOWs is you get 4 traders and all our picks. You’re not subjected to the hot and cold of one trader who a whole service is built around. We got 4 traders, 4 styles but everyday we are hitting them. One of us always always has a hot hand. @urbanryno is even hotter than me the last month. That’s what you pay for and that’s what you get.
Sure there are a ton of freebie 3rd rate chatrooms where people just throw out endless babble and its basically a talk forum with a pick here and there. The boom factory is a room where you are bombarded with winner after winner. DD after DD on stocks. Twitter has an endless number of places where you can go and get “ideas”. There are wannabe traders with Fancy twitter names claiming they “chop wood” watch them. There are so called “money managers” or hedge fund guys who will Pecker Slap each other off shorting a China name for a 5% gain wooooooo wooooooooo. Only prob is they shorted a dip in the stock that we rode from 6 dollars to 10. hmm. Sounds a bit better than getting lucky on a 5% trade.
That’s what you get on twitter. People hiding behind avatar’s and fancy names calling out abstract ideas, picks with no entries, and never mentioning their losses. We are a bit diff. See that face on my avatar, that’s me. You know my name. You know Stockgods, ryno’s, coppertl’s. You know who we are, how we trade, and what we stand for. No hiding here.