InvestorsHub Logo
Followers 8
Posts 3140
Boards Moderated 0
Alias Born 02/05/2002

Re: Sultan post# 88047

Friday, 01/22/2010 12:09:01 PM

Friday, January 22, 2010 12:09:01 PM

Post# of 151833
>> Markets have not been that great for me since I have made a ton of stupid moves but on the plus side, I am still here so hopefully I will redeem myself..

I think you're 20 to 30 years younger than me. So there has to be a plus side in there somewhere.

Anyway, the key to making profitable trades is to be leaning on the correct side when the market makes a trend reversal. Basically raise cash after the market has been going up for a few days. And conversly, have stocks when the market has been going down for a few days.

These short term trands last from 1-10 days (mostly), with 3-6 days being most frequent duration.

Market has been going down 3 days now. Today is a buying day, if one has cash.

When the market has gone up 3 days in a row, it will be time to sell 20%. If the up-trend lasts a 4th day, then be out 50%. and so on. If the up-trend goes 6 days or more, a follower of my method will be completely in cash.

Same for buying in down trend.

In a long term bull market (like I think we're in now), one needs to buy a little quicker, and sell a little slower.

I'm 90% in stocks right this minute. (and was 90% in cash last Thursday).

If anyone is curious, I have a double-full position in INTC at this time. Unfortunately, my cost is about $20.80/sh.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent INTC News