posted on
Nov 24, 2009 11:41AM
Welcome To the Stock Synergy, Momentum & Breakout HUB On AGORACOM
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Message: Re: USD
AL2 - I really can't give you any stock picks, because I take a shotgun approach to this. If you saw my portfolio you would think I was completely insane (sometimes I'm not sure myself, lol). I have an extremely large number of Venture listed stocks and I know almost nothing about any of them. Basically, I buy anything in the sector that looks like it might move, and sell anything that spikes up. So far today, I bought Venture stocks CQR & AUU, sold EZ and half of AZM (the other half goes tomorrow). This system tends to greatly outperform when a sector is strong. My plan is to do this until mid-January, and then raise cash.
Some people do well trading just a few specific stocks, but that's never worked for me. No matter how well I think I know a company, if I own a large position, something will come along to clobber it.
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