ajtj99's Market Pulse

[Mapleton]

No I did not. I do not trade as actively as you do. I'm very patient when I trade.

What I'm currently seeing right now tells me the market will not close any higher than what it's currently trading at as of this morning. If I am wrong, and the market happens to break out of last week's trading range, I will wait until overbought conditions occur. Eventually the time will be right to short BRCM or one of the other hundred or so stocks on my watch list, whichever looks best to me.

My goal in trading is find about 4 or 5 trades a year that will yield about 10% each. I also use full margin when trading. So five 10% trades a year, with margin, after taxes, equals about 90% gain, which is nothing less than impressive. Since I only need 5 plays, I do not rush myself. Money is made by waiting, not constantly trading. I surpassed my goal last year with nearly 110% after tax gain, I am more than on my way to doing it this year...and hopeful for another 8 years after that, which is my goal.