Worst Performing Stocks

equities live trades, setups, charts

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4x=0
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Worst Performing Stocks

Postby 4x=0 » Mon Nov 05, 2007 5:23 pm

Hi, I've started trading stocks last Friday on DEMO and here is what I know.

I am unable to short-sell most stocks, so what I did was go to finance.google.com and look at their "worst performers" for the week. I checked them out and wrote down the stocks that had bullish technicals.

I found AIG, and went long @59.5 this morning, sold @60.5 made 3.2% on the 2million dollar demo.

If it's OK with TRO, I'll occasionally post more stocks in this thread using the same method.

Adios!


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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 05, 2007 10:14 pm

You don't need my permission. You can post anything related to trading.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby 4x=0 » Tue Nov 06, 2007 3:16 pm

I posted this one too late, as I am already one hundred thousand dollars up.




***UPDATE:

Limits were hit at $44, net about $140k

Just did another 20k with AIG in about 10 minutes.

I lvoe stocks!

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Postby 4x=0 » Wed Nov 07, 2007 4:04 am

i figured out why stocks are so easy...

stock traders are more stupider than currency traders!!!

I feel like I've been in boot camp for the last couple years with FOREX.

The boat starts to tip and WOAH everybody runs to one side until every last moron has bought into it.

The ironic part is, if If someone came to me wanting to start trading, I would recommend forex over stocks, because it's easier. HUH!?!?!?


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Postby C-Trader » Wed Nov 07, 2007 4:16 am

What kind of bullish trends are you looking for after the stock has dropped?

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Postby 4x=0 » Wed Nov 07, 2007 4:39 am

I could write a book answering that question. Let me ask you a question though, would you buy this Yahoo top price % loser tomorrow morning?



These charts are zoomed in quite a bit to closer show the price action. Zooming out you can get a better picture of the stocks "life". This particular stock has a sad story to tell indeed.

By the way, DO NOT BUY THIS STOCK.

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Postby daedalus » Thu Nov 08, 2007 2:25 am

4x=0 wrote:i figured out why stocks are so easy...

stock traders are more stupider than currency traders!!!



lol... I just thought that was funny. :lol:

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Postby Lynx » Thu Nov 08, 2007 3:09 am

When you say bullish technicals what bullish technicals are you refering to?

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Postby 4x=0 » Fri Nov 09, 2007 5:37 pm

I'm mainly talking about bar patterns. Support and resistance levels etc.

Here is a trade on 1 minute, RIMM

Same concepts used here too.



this time fame is fun because you watch the prices his support, stall, form a pattern or not, reverse and go back up.

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Postby daedalus » Fri Nov 09, 2007 6:38 pm

61.8 pullbacks from the looks of it? I play the same setups on every market i trade. Good work!

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