Username Password
About People & Picks | Help | Sign up
Home My P&P People Picks Tops Blogs Groups
S&P 500: 1,317.11 Change: -0.21%
rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : To make profit = Some times one has to break your own rules or at least bend them

Date February 7, 2012    Comments Comments (4)    Rate this post Recommend This Post (53)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This

I have a written rule that says


DO NOT BUY A STOCK AFTER IT MISSES EARNING OR GETS HIT WITH A GAP DOWN FOR AT LEAST 5 DAYS


Last 30 days have been different - After watching on side lines I just decided to bend the rule to take advantage of the market situation in last 30 days


Example - I bought HUM (Humana) yesterday in 401 K plan with a limit order of 64.66 and I added an order after hours to sell with a limit order of 66.12 - It got filled. I have been trading calls in HUM as mentioned yesterday in trading account

Tags : HUM   CI   CERN   RVBD   BCO  

4 Comment(s):

Author rjm77me     Date February 7, 2012 19:05 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
http://www.peopleandpicks.com/blog/rjm77me/3761201/Real-Money-option-trades-for-the-day-HUM-March-85-calls/
Author rjm77me     Date February 7, 2012 19:09 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
I will use this for 2 to 5 days trades only and will not use for buy and hold. For buy and hold it is safer to buy stocks which pop up and then pull back - giving you second chance to own for longer term. This is valid as long as the pull back is not on higher volume
Author BSNBC     Date February 8, 2012 17:13 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
nice win on your CERN stock!
Author rjm77me     Date February 8, 2012 17:34  Edited: February 8, 2012 by rjm77me Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Thanks
CERN was part of my earning beater screen and was lagging the market.
Made some good money in IRA account
I have a list of 293 stocks. The list was generated a bit more than a year ago. It has returned average of 49% in 388 days with out doing a thing
If you remove any stock where one lost more than 15% - the total return will be higher/
I used to talk about the list and some folks started joking that I want to make money by selling info.
Folks pay if info is good and makes them money - I have a limited number of known circle who pays me for info.
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links
©2008-2012 PeopleAndPicks.com | Terms of Use