Replies to post #3437 on Investor Help (NO Ihub questions)

[WealthMaster]

still trying to develop/find my strategy...

I am new to day trading and am still trying to develop/find my strategy. I welcome all the advice I can get. Please don't hesitate to make my business yours... Thanks.

I read a couple threads about the R/S issues. How they give you a decline in profit percentage potential per uptick, how the stock sells off on the announcement, and an instant loss when the stock settles.

My goal is to buy in when all indications point to the run - definitely before the run and try to avoid all R/S's through stock research.

I assume the R/S have to be announced by the company weeks ahead of time to the shareholders (though I have to confirm this). So I figure... 1) My due diligence would weed out those planning an R/S. 2) And I would update my already placed sell limit order to sell at breakeven if details change - fighting to beat the sell off. 3) Plus, I will try to be in the trade for less than a month, using less than 10-15% of my trading portfolio.

I will read up on the R/S board. I'm sure there are more kinks in my plan. Thanks for the advice.