hiii98's  Instablog

hiii98
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My Twitter Account: @SkinwalkerChart I use several highly tuned algorithms to pick the hottest penny stocks. I'm looking for a minimal return of 100% from my stocks within a 1 day - 3 month period. Happy to discuss stocks or strategies.
My blog:
Ryan Skinner's Investor Emporium
My book:
Skinwalker Ranch : Path of the Skinwalker
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Comments (12)
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  • AdamDivy
    , contributor
    Comments (412) | Send Message
     
    What broker are you using?

     

    Commission on $100-200 purchases could cost quite a bit.
    6 Mar 2014, 10:33 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » etrade $8.99 trade for day traders. also promo is 500 free trades if transfer $10,000 or more.

     

    Yes the trade represents 9% of each stock. however you have only $100 to lose and an UNLIMITED ceiling to each one of my picks. Some of the stocks in this field do go to 4,000% or more within 3 months. Your basically holding onto the stocks and NOT day trading, that is not my strategy here.
    6 Mar 2014, 11:24 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » I also need to remove SIRI and GOOG from that last
    6 Mar 2014, 11:24 AM Reply Like
  • AdamDivy
    , contributor
    Comments (412) | Send Message
     
    Interesting concept.
    6 Mar 2014, 11:29 AM Reply Like
  • jc1garcia
    , contributor
    Comment (1) | Send Message
     
    And is working for you ?
    6 Mar 2014, 01:59 PM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » yes, surprising how non-volatile the collection of stocks acts. Every day I'm selling a new stock that doubles.
    6 Mar 2014, 06:03 PM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » remember the key concept to this strategy isn't to chase it daily, its to pick those few stocks that blast off to 1,000% or more. Despite this my average variance of my entire portfolio gains or loses less than 1% per day as an overall fund. The number of stocks I own (despite their individual high fluctuations) does balance out the overall portfolio. Its the breakout stocks that carry the major profits, and learning not to sell too many shares once a particular stock "pops".
    6 Mar 2014, 06:03 PM Reply Like
  • Stanward99
    , contributor
    Comments (681) | Send Message
     
    Doesn't sound like a bad plan, I will be watching!
    16 Mar 2014, 05:23 PM Reply Like
  • ffloydd
    , contributor
    Comments (2) | Send Message
     
    okay, so let me see if i got this right.
    1/ you buy a stock for, let's say, $100.
    2/ if it then goes to 75, 50, 25 or zero you don't sell it and if the company goes bankrupt, all you're out is $100.
    3/ in other words, if the stock never doubles your $100, you never sell it.
    4/ if it does double it, you sell 50% and keep the rest.
    5/ but keep it until when?
    6/ how do you ever know when to sell that remaining $50?
    7/ at 1000% up, 2000% up, 25% down, 75% down?
    8/ just curious how far out you've thought this thing!
    19 Mar 2014, 12:22 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » 3. yes and no, in theory yes, you would hold forever. In reality I tend to trim my portfolio once a week (maybe more if I find stocks with a negative trend). Once the stock doubles, then you really do want to hold forever. If it doesn't double, it might just be tied up money at that point and worth freeing up even if selling at a loss. (which I have been doing lately)

     

    4. yes
    5. wait until it then goes up to 900% then sell 1/2 of your 1/2, the next sell stop is around 1400% which is a 1/2 of a 1/2 of a 1/2

     

    6. you hold it, its free money, you take the strategy out of the equation and do what ou want with those trades

     

    7. the remaining 50 you make the call its free money so hold it as long as you like or dump immediately and reinvest. I prefer to hold it and see how high it goes.

     

    8. ALOT
    19 Mar 2014, 09:22 AM Reply Like
  • Stanward99
    , contributor
    Comments (681) | Send Message
     
    I wouldn't think it mattered, I would probably hold and forget about it, Just keep adding more stocks.
    19 Mar 2014, 08:42 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » that is exactly how it should work Stanward99, hold and forget about it until a rainy (sunny?) day in the future. Point is really just to stop looking at that stock, you in that company for free, so no worries, stop looking at it and maybe one day it'll surprise you :)
    19 Mar 2014, 09:23 AM Reply Like
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