Ok, I'm gonna try something new here.
In this thread I will post my picks for the coming week, a basket of stocks if you will. The number of securities on the basket may vary, but will never exceed a dozen.
The Set Up: The stocks picked each week are meant to be swing trades, i.e. held for a short period of time (typically 2 - 14 days). As such, the baskets performance will be updated at the close of each week for two weeks. To keep things simple the trade performance is figured on the price movement for the week or 2 weeks in question, i.e. price for the starting day (first day of time frame analyzed) is the market open price for that day and the price for the ending day (last day of time frame analyzed) is the market close price for that day. When in reality the trades may not be held for the entire period. Dollar values are rounded to the nearest penny (0.01) and percentages are rounded to the nearest tenth (0.1).
Example:
TWER opened the week @ 1.80 and closed the week @ 1.84 for a change of $0.04 or 2.2%
DISCLOSURE: At any given moment I may or may not be vested in one or many of the securities listed. This thread is NOT to provide guidance, advice or suggest which stock to invest in, that decision is yours and yours alone. I assume no responsibility for the actions of others. This thread was started in an effort for me to develop and refine a new trading stratagy and is more or less a place to keep it "on record" so to speak.
I have closed this thread so you will need to PM me with you concerns/questions.
DDT
Last edited by DogDayTrader; 05-01-2010 at 03:18 PM.
"The only thing that interferes with my learning is my education." - Albert Einstein
bpop, aerg, kerx, mpg, rohi, nnvc, jmba, rtk, ngd
Last edited by DogDayTrader; 05-01-2010 at 09:25 PM.
"The only thing that interferes with my learning is my education." - Albert Einstein
Taking a mulligan for this week, the week of 05.09.10. Reasons are due more to time constraints than market conditions, will return next week with another round of picks.
DDT
"The only thing that interferes with my learning is my education." - Albert Einstein
I am lovin this thread DDT! Great idea!
-Fav
Picks for the week of 2.28.11
picks_2-28-11.JPG
Last edited by DogDayTrader; 02-26-2011 at 12:54 PM.
"The only thing that interferes with my learning is my education." - Albert Einstein