What are your trading nuances, tricks and secrets?
Cramer mentioned a stock last night he use to invest in any time it dropped
because he knew it would rebound, it was just one of those stocks. I have one
that is a little out dated since its ran up, but Posco would drop 10%
occasionally and jump back up.
For my nuances, I only buy or sell on even numbers (except 5's).
What are yours?
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I watch Economia on Euronews. It's a cable tv news channel that runs in a loop
like cnn Headline news. Economia is the European business section. You learn
about trades/mergers/acquistions in Europe long before most Americans learn of
it. I got into MT (Arcelor Mittal) at $42.01 and it has gone up as much as 80%
since I bought a few months ago.
They have technology section that sometimes features things that will become hot
in the future. It is really sci-fi like. They made some refrigerator run off
magnets once, which was a cool alternative source of energy. I am not sure I am
quite ready to trade off these things yet, but it serves as a source of
inspiration to look to see what other countries are doing, and offer a
springboard of investing ideas.
Kathy in NJ
i generally do not buy or sell investments on Mondays or Fridays, although i
might make a trade if there is a particularly compelling reason.
i like to buy BHP anytime it dips by 5-7%. i'm looking for that chance right
now...
That was XOMA where him and Karen Cramer would buy at 3.00 and sell at 5.00. I
am still a Jr. Stockpickr so I am still in the 2007 Class of Stockpickrs...but I
am finding out if you read everything you do get a bit of an edge...oh, and
sometimes listen to the T/A's when the market starts to go REAL crazy....but
most of the time I just hide from them...roflol. Also, listening to the british
on European Bloomberg has a much better take on things...that's a secret..lol.
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