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12-30-2006, 10:46 AM
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Orange..... nice idea and count me in. I'm going to take a little different approach and play all bottom busters (as I call them) for awhile. If the cash builds I will have to move some so that I can sleep at night.....lol.
My plan may not work but I'm going to play some of the drastic drops and look for at least 50% from each one. It will be fun anyway.
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TDCP...Our Day Is Coming And Its Coming Soon 
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12-30-2006, 10:54 AM
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Great idea Orange....
I had started a 10k to 100k in 6 months game at investopedia, but failed to keep up on it... This is a great way to tighten up ones trading discipline (something that I could use)... Good Luck and Ill give it a shot starting with 5 hundy as well. Now, I better run before I tick my wife off any more....time to go tear it up on these gorgeous slopes!
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Skiing is your brain....Snowboarding is your brain on drugs. Just because I'm a mod doesn't mean I'm a stock geni........yet. 
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12-30-2006, 02:27 PM
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hi i am with you!
i received my gary witt cd a week ago
i start off with $500 i bought bany 2 days ago at 0.003 thinking it was gonna go up but it drop so i sold it for 0.0029 for a loss! i bought hmgp at 0.08 and sold at 0.11 two days ago because of the news too scared it will drop! i bought tdnp(i think that is the symbol) at 0.48 yesterday with $300 i bought fdei yesterday at 0.028 with $250 they two stocks total $550 i split in too,i just want a liitle profit off these hopefully,i think i should be safe ,any comments! are you gonna post your stocks up,to see if you routine works
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12-30-2006, 04:51 PM
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Popcan- i use lowtrades.com, $5 per trade. no minimum to open. taxes- ??- first i'll make the money then figure it out LOL. also shocked at how many traders are climbing in! alright! this is gonna be great! welcome everybody!! somebody asked will i be posting my trades- uh, no- we'll just have to trust each other on that i think. posting the trade in advance will invalidate the model because it will pump the stock. (actually i'm even more worried it will cause the mm's to mess with it). so i'll probably mostly post only on exit. you do as you like. would be good to have a simple format to be able to see at a glance how everybody's doing- maybe like this?--- (followed by comments) start balance $500 last trade $350 WXXX at .0500, exit .0700 new balance $640 or something like that. whatever works for you, followed by any comments. just a suggestion.  thanks all great comments, klip, aufan, popcan, twinkle, fatbacker, newbie (i have $5 per trade acct, newb), proc, scm, grizz- this is gonna be fun!!
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___________________________________________ [SIZE=2"No more riddles."[/size] ___________________________________________ get the cd. it's how money gets made.
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12-30-2006, 04:57 PM
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 also (dreaming here), at $35,000 might take $25k to open daytrading acct to speed this up, which will only leave me $10k to trade with but will add frequency. besides, tracking the number of trades i'd have going with $35k will be too much anyway.......
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___________________________________________ [SIZE=2"No more riddles."[/size] ___________________________________________ get the cd. it's how money gets made. Last edited by orange : 12-30-2006 at 05:09 PM.
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12-30-2006, 05:30 PM
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aufan, considering your 3-day max hold rule on these, and if you don't have any severe losses, and if you're right often enough to avg only 25% per week, then...wk#... 25% 1... 500 2... 625 3... 781.25 22... 54210.10862 32... 504870.9793 42... 4701977.403 51... 35032461.61 52... 43790577.01 53... 54738221.26
__________________
___________________________________________ [SIZE=2"No more riddles."[/size] ___________________________________________ get the cd. it's how money gets made.
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12-30-2006, 06:16 PM
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wow! great to see all this interest.
while i have not started with the $500 experiment yet, i did post somewhere that three weeks ago i decided i would try and turn 1k into enough to cover my losses from fgfc (which may not be losses after all is said and done...) so a quick update in the form that orange suggested (which i think is great) but with a little more history in my case: start balance: 1k first trade: $1k GTHA @ .03 and sold @ .0375 new balance: $1224 (22.4%+) second trade: $1224 CYNS @ .041 and sold @ .052 new balance: $1524 (24.5%+) i don't want to disclose the 3rd trade i'm in right now, as i'm not out yet, but it's looking good so far: third trade: $1554 (had an extra $30 lying around so I threw it in LOL) balance right now: $2k anyways, i'll probably enter my first $500 play late next week.
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12-30-2006, 06:24 PM
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everyone post there stocks
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12-30-2006, 09:29 PM
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Sounds like fun. I'll play. Just let me know the start day.
I'm doing something similar already,though for far different reasons. this would give me an opportunity to work on my charting,Lord knows I could use the practice. Good Luck
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If you cant run with the big dogs,stay on the porch!
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12-30-2006, 09:58 PM
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On a side note did you see where CLRC closed Friday? I told you I bought @ .12. Well it went up and started dropping back so I sold @ .16 Friday's close was .23......................  Sold one day too soon
__________________
TDCP...Our Day Is Coming And Its Coming Soon
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12-30-2006, 10:13 PM
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Dont kill yourself over it. I am a newbie, and thats one thing i learned. Dont beat yourself up for getting out too soon. Im sure you probably know this, but oh well Im new here, i started with $1k, and ive just been going around the forum and reading up on what people think here. Once im able to ill decide for myself which are good, and which arent. But so far I love this place . On with the thread!
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12-30-2006, 10:39 PM
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Your profit percentage on this one trade beats the returns of every major index for the year. As for the higher close after your exit, it could have been just as easily a 7c turn the other way,causing a loss. Preserving your capital and limiting your loss exposure are key to succeeding in the markets. Anyone can buy a CD and make a 4 or 5% annual return. You made a profit of 33% in days or weeks. Now, do that again. and again. and again. Well done. Good Luck
__________________
If you cant run with the big dogs,stay on the porch!
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12-31-2006, 12:53 AM
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Thanks for the wake up call........
__________________
TDCP...Our Day Is Coming And Its Coming Soon
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12-31-2006, 01:00 AM
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I'm sure you will find this to be a great place filled with people who are willing to lend their advice to anyone who needs it. You know its strange, I have alot of people here that I consider great friends and I have never met any of them.......lol. Again welcome and hopefully the green will roll your way.
__________________
TDCP...Our Day Is Coming And Its Coming Soon
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12-31-2006, 08:45 AM
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my usual style is to put it all on the best trade i can find. but this is different game. i may split into two trades; or better yet, may put half in and keep half reserve to avg down (or to jump on a move up). at this size trade it means smallcaps, so at first am def seeking daytrades ONLY, even if it means a small loss- i just don't trust smallcaps any further than a mouseclick away LOL
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___________________________________________ [SIZE=2"No more riddles."[/size] ___________________________________________ get the cd. it's how money gets made. Last edited by orange : 12-31-2006 at 09:02 AM.
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