Can you retire and play stocks?

[Aufan 1983]

A question that has been on my mind lately is if I could take my retirement money and make a living playing stocks. I decided to give it a try by paper trading the value of my stocks and 401-k.

I'm going to play them all but only 2 or 3 pennies at a time and for a limited amount. I will hold most stocks only a few days as I plan to play the bounce on alot of stocks. I have roughly 500k to start and I'm going to prove to myself that I can do it or I can't. I spent several hours the past few days scanning stocks and used prices from 1-29-08 to start yesterday.

I won't bore everyone with every transaction but will update weekly so we can all see what would have become of me (the soup line or an easy living) I have started with 14 stocks. Here is my list going into today and the price I would have bought at.I plan to cut this down to about 6 or 8 stocks. 14 is too many to keep up with since I'm only playing for fun

BEG. BALANCE = 499,946.50


TLB 10,000 @ 8.96
RAD 40,000 @ 2.25
SMRT 10,000 @ 5.98
WCI 8,150 @ 5.15
VMW 500 @ 54.00
JBLU 5000 @ 5.94
WNR 2000 @ 23.00
STEM 5000 @ 1.31
PPCO 5000 @ 4.87
GGC 5000 @ 6.16
RVGD 600,000 @ .0115
ETFC 8,000 @ 4.14
BVRG 16,850 @ .84

[fz4fun]

Excellent experiment Aufan. That same question has dogged me for awhile now. Can I make enough trading to stop the daily grind. I will be watching your progress with interest (and hopefully lots of green days to come)

Good luck
:dance::dance::dance:

[Aufan 1983]

Excellent experiment Aufan. That same question has dogged me for awhile now. Can I make enough trading to stop the daily grind. I will be watching your progress with interest (and hopefully lots of green days to come)

Good luck
:dance::dance::dance:


Thanks FZ.... I hope to turn a little green and once the blue chips start bouncing I'll join the ride

[Aufan 1983]

A question that has been on my mind lately is if I could take my retirement money and make a living playing stocks. I decided to give it a try by paper trading the value of my stocks and 401-k.

I'm going to play them all but only 2 or 3 pennies at a time and for a limited amount. I will hold most stocks only a few days as I plan to play the bounce on alot of stocks. I have roughly 500k to start and I'm going to prove to myself that I can do it or I can't. I spent several hours the past few days scanning stocks and used prices from 1-29-08 to start yesterday.

I won't bore everyone with every transaction but will update weekly so we can all see what would have become of me (the soup line or an easy living) I have started with 14 stocks. Here is my list going into today and the price I would have bought at.I plan to cut this down to about 6 or 8 stocks. 14 is too many to keep up with since I'm only playing for fun


TLB 10,000 @ 8.96
RAD 40,000 @ 2.25
SMRT 10,000 @ 5.98
WCI 8,150 @ 5.15
VMW 500 @ 54.00
JBLU 5000 @ 5.94
WNR 2000 @ 23.00
STEM 5000 @ 1.31
PPCO 5000 @ 4.87
GGC 5000 @ 6.16
RVGD 600,000 @ .0115
ETFC 8,000 @ 4.14
BVRG 16,850 @ .84

Daytrade...... Sold 600,000 RVGD @ 01 = 6000.00
Bought WNBD 260,800 @ .023 = 5,998.40

[Aufan 1983]

Begining Balance = 499,946.50

Balance at the end of day #2 = 565,900.90......... SWEET!!!

[BadThad]

HOLY $HIT! That's one awesome start! 8-|

My father did it, he only ever seemed to own 1-3 stocks at a given time and only from solid companies, no pinks. He'd buy thousands of shares of say Microsoft, if moved just a couple cents, he'd bail with a nice little profit. If you have enough cash to leverage, you can make surprizing amounts of money will little moves.....and yet, be fairly safe with a bluechip. He was into optioning his shares, he made good green all the time. I know he particularily liked when someone didn't buy his shares.....just like free cash. :)

[Aufan 1983]

HOLY $HIT! That's one awesome start! 8-|

My father did it, he only ever seemed to own 1-3 stocks at a given time and only from solid companies, no pinks. He'd buy thousands of shares of say Microsoft, if moved just a couple cents, he'd bail with a nice little profit. If you have enough cash to leverage, you can make surprizing amounts of money will little moves.....and yet, be fairly safe with a bluechip. He was into optioning his shares, he made good green all the time. I know he particularily liked when someone didn't buy his shares.....just like free cash. :)

Thanks BT.....

I know of a guy that is pretty rich and is only in his late 30's and now he only plays stocks and is raking in 200k - 300k per year. He don't even need it. Its only a game for him.

I like your fathers idea..... as you said its pretty safe and should bring some nice returns

[fz4fun]

Thanks BT.....

I know of a guy that is pretty rich and is only in his late 30's and now he only plays stocks and is raking in 200k - 300k per year. He don't even need it. Its only a game for him.

I like your fathers idea..... as you said its pretty safe and should bring some nice returns

I agree with both you and BT here. I just swore off penny stock in January and started playing a couple blue chips (FNM and MBI). Since 1/11 I have netted over 3600 in flipping mainly those 2 and one or 2 other stocks. I am very pleased so far and when I get back all the cash I have lost on penny plays--I will be :dance::dance::dance::dance: in the snow in Ohio :rotfl:

I am so tired of working, like you Aufan, and would love to start making real green doing this. As BT said, if you have a big enough stake, not much of a move can make you a nice profit. I flipped MBI & FNM today, bought on a dip and sold 2 hrs later for 750 profit.

Maybe we can all retire if we get a good bull market again. The market is pretty brutal now, but tons of great companies are real cheap right now and can bring long term green for us. I plan on flipping them all the way up and putting the profit in very high yield preferred shares and Royalty Trusts.

Keep on making the green Aufan and you will be doing this for real and no more paper trading

[^]

[Aufan 1983]

I agree with both you and BT here. I just swore off penny stock in January and started playing a couple blue chips (FNM and MBI). Since 1/11 I have netted over 3600 in flipping mainly those 2 and one or 2 other stocks. I am very pleased so far and when I get back all the cash I have lost on penny plays--I will be :dance::dance::dance::dance: in the snow in Ohio :rotfl:

I am so tired of working, like you Aufan, and would love to start making real green doing this. As BT said, if you have a big enough stake, not much of a move can make you a nice profit. I flipped MBI & FNM today, bought on a dip and sold 2 hrs later for 750 profit.

Maybe we can all retire if we get a good bull market again. The market is pretty brutal now, but tons of great companies are real cheap right now and can bring long term green for us. I plan on flipping them all the way up and putting the profit in very high yield preferred shares and Royalty Trusts.

Keep on making the green Aufan and you will be doing this for real and no more paper trading

[^]

Nothing I would like more than to retire @ 43 :biggrin: I own my business and it has did well for me but I'm just tired of the fight. So many things are changing and between finding people who want to work and the government it makes it very tempting to hang it up and try something different.

[Aufan 1983]

I have decided to post my trades in order for myself as well as everyone else to see where I screwed up and where I cash in.

Todays Trades:

Sell..... 2000 shares WNR @ 22.06 = 44,120.00....... - 1880.00

Sell.... 10,000 shares TLB @ 9.48 = 94,800.00.... + 5200.00

Sell....8150 shares WCI @ 5..15 = 41,972.00 .... EVEN

Sell... 500 shares VMW @ 56.10 = 28,050.00 ... + 1050.00


_______________________
Free Cash = 208,942.50


BUY... 35,000 shares SPF @ 4.30 = 150,500.00

ADDED 10,000 shares RAD @ 3.00 = 30,000.00

ADDED 30,700 shares WNBD @ .029 = 890.03

BUY 2,200 shares IMB @ 9.16 = 20,152.00

BUY 7,400,000 shares @.001 WCDS = 7,400.00

[Aufan 1983]

Holdings at the end of 2-01-08

RAD..... 50,000 @ 3.24 = 162,000.00

SMRT... 10,000 @ 5.87 = 58,700.00

JBLU.... 5000 @ 6.89 = 34,450.00

STEM.... 5000 @ 1.53 = 7650.00

PPCO.... 5000 @ 5.30 = 26,500.00

GGC.... 5000 @ 7.80 = 39,000.00

ETFC.... 8000 @ 4.97 = 39,760.00

BVRG.... 16,850 @ 1.06 = 17,861.00

WNBD... 291,500 @ .028 = 8,162.00

SPF.... 35,000 @ 4.75 = 166,250.00

IMB... 2200 @ 9.86 = 21,692.00

JCDS... 7,400,000 @ 0016 = 11,840.00

____________________________________________

BEG. Cash = 499,946.50

Todays value = 593,865.00

3rd Day running total = + 93,918.50

[Aufan 1983]

2-04-08

SELL:

ETFC 8000 shares @ 4.80 = 38,400.00........ + 5,280.00

BVRG 16,850 shares @ 1.09 = 18,366.50 ........+ 4,212.50

PPCO 5000 shares @ 4.40 = 22,000.00.......... - 2,350.00
____________________________________
78,766.50


BUY:

STKL 12000 shares @ 6.40 = 76,800.00

ROHI 3,277 shares @ .60 = 1,966.20
____________________________________
78,766.20

[INRI]

2-04-08

SELL:

ETFC 8000 shares @ 4.80 = 38,400.00........ + 5,280.00

BVRG 16,850 shares @ 1.09 = 18,366.50 ........+ 4,212.50

PPCO 5000 shares @ 4.40 = 22,000.00.......... - 2,350.00
____________________________________
78,766.50


BUY:

STKL 12000 shares @ 6.40 = 76,800.00

ROHI 3,277 shares @ .60 = 1,966.20
____________________________________
78,766.20

Wowsers,

This thread is awesome. I am so excited reading your posts and I am even more excited to know that your making money. I am sooo impressed you've made almost 1/5 of your 401k in 3 days time!lol. That's awesome!! Great job. You are showing me what a lot of money in the right places can do for someone.

[Aufan 1983]

Wowsers,

This thread is awesome. I am so excited reading your posts and I am even more excited to know that your making money. I am sooo impressed you've made almost 1/5 of your 401k in 3 days time!lol. That's awesome!! Great job. You are showing me what a lot of money in the right places can do for someone.

Thanks... I hope to carry this experiment for awhile and see where it lands. The market has been brutal but it is a good time to buy alot of stocks.

[Aufan 1983]

Holding my breathe this morning on SPF. I bought 35,000 shares of SPF on Feb. 1 @ 4.30. Its now trading premarket @ 5.50 - 5.60. If this holds it will make some VERY nice green.

[Aufan 1983]

1-05-08

SELL:

RAD.... 50,000 shares @ 3.00 = 150,000.00.............. + 30,000.00

IMB.... 2200 shares @ 9.35 = 20,570.00




BUY:

IDMI .... 50,000 shares @ 1.40 = 70,000.00

PPBV.... 20,000 shares @ 2.39 = 47,800.00

ADDED:

IDMI..... 25125 shares @ 2.10 = 52,762.50

[Aufan 1983]

END OF DAY #4

Holdings:

IDMI .... 75,125 shares @ 3.81 = 286,226.25 ***** + 98,426.25 (one day)

PPBV... 20,000 shares @ 2.32 = 46,400.00 ***** - 1400.00

SMRT ... 10,000 shares @ 5.49 = 54,900.00***** - 3800.00

JBLU ... 5000 shares @ 6.32 = 31,600.00***** - 2850.00

STEM 5000 shares @ 1.85 = 9,250.00***** +1600.00

WNBD 291,500 shares @ 045 = 13,117.50***** +4,955.50

SPF 35,000 shares @ 4.96 = 173,600.00***** + 23,100.00

JCDS 7,400,000 shares @ .001= 9,620.00***** + 2,220.00

STKL 12,000 shares @ 6.37 = 76,440.00***** - 360.00

ROHI 3277 shares @ .50 = 1,638.50***** -327.70

GGC 5000 shares @ 7.55 = 37,750.00***** + 6,950.00

__________________________________________________

DAY #4 Grand totals

Beg. Balance = 499,946.50

Todays balance = 740,542.25
____________________________
TOTAL = + 240,595.75

EDIT: The total doesn't match the subtotals because of profits already rolled into these stocks.

[fz4fun]

So have you started to seriously consider this as a career yet?

Keep this up and it will be hard to resist. This is one tough market right now..

Keep on the green machine to wealth :dance: :dance: :dance:
:)

[Aufan 1983]

So have you started to seriously consider this as a career yet?

Keep this up and it will be hard to resist. This is one tough market right now..

Keep on the green machine to wealth :dance: :dance: :dance:
:)


Not yet.....:lol: Today is killing me so far......... :(

[Aufan 1983]

2-06-08

Held too long on a couple and it cost me but hey thats the market and this is only on paper :lol:

SELL:

IDMI ... 75,000 shares @ 3.00 = 225,000.00

STKL...12,000 shares @ 6.37 = 76,440.00

SPF... 35,000 shares @ 4.60 = 161,000.00
________________________________________
Total Sells: 462,440.00


BUYS:

DTPI..... 10,000 shares @ 4.74 = 47,400.00

THLD... 50,000 shares @ .60 = 30,000.00

MEMY.... 30,000 shares @ .65 = 19,500.00

TOMO..... 8000 shares @ 16.55 = 132,400.00

SIRV.... 500,000 @ .028 = 14,000.00

ADBE.... 5000 @ 32.90 = 164,500.00

JDSU... 10,250@ 12.80 = 131,200.00

SELL:

SIRV 500,000 @ .02 = 10,000.00....... 4000.00 daytrade loss.......

FREE CASH LEFT: 10,000.00

BUY: VRSO 50,000 @ .20 = 10,000.00

[Aufan 1983]

Going to sell completely out today and start again. The market need some oxygen right now.

[Aufan 1983]

Got side tracked yesterday so I'll use the closing price for my sell out. I made a killing to start and then lost mega bucks.

DTPI.... 10,000 ... HOLDING @ .485 = 48,500.00

THLD... 50,000 @ .52 = 26,000.00

MEMY... 30,000 @ .60 = 18,000.00

TOMO... 8,000 @ 16.94 = 135,520.00

ADBE ... 5000 @ 32.62 = 163,100.00

JDSU ... 10,250 @ 12.12 = 124,230.00

VRSO ... 50,000 @ .2099 = 10,495.00

PPBV ... 20,000 ... HOLD @ 2.595 = 51,900.00

SMRT ... 10,000 @ 5.63 = 56,300.00

STEM ... 5000 @ 1.65 = 8,250.00

WNBD ... 291,500 ... HOLD @ .0185 = 5,392.75

JCDS ... .7,400,000 @ .0016 = 11,840.00

ROHI... 3277 @ .4204 = 1,377.65

GGC ... 5000 @ 7.29 = 36,450.00
__________________________________________________ _______

FREE CASH = 591,562.65

STOCKS HELD = 105,792.75
_________________________
TOTAL VALUE = 697,355.54

- Beg Balance = 499,946.50
__________________________
+ 197,409.04

[Aufan 1983]

Free Cash: 591,562.65


Buy:

SLM ... 7000 @ 21.61 = 151,270.00

GTOP ... 25,000 @ .87 = 21,750.00

KRY ... 20,000 @ 1.90 = 38,000.00

BONT ... 15,000 @ 7.00 = 105,000.00

ACF... 7500 @ 13.74 = 103,050.00

CC ... 10,000 @ 5.17 = 51,700.00

CTRN ... 4000 @ 14.58 = 58,320.00

CWTR ... 11,175 @ 5.59 = 62,468.25
____________________________________

Still Held

WNBD... 291,500

PPBV... 20,000

DTPI... 10,000

[BadThad]

I made a killing to start and then lost mega bucks.


Welcome to my world! LOL :p

[Buku]

I made a killing to start and then lost mega bucks.

Quote of the Year!! :rotfl:

[Aufan 1983]

Sell:

BONT... 15000 @ 7.25 = 108,750.00

SLM ... 7000 @ 19.75 = 138,250.00

2-14-08

PPBV 20,000 @ 2.53 = 50,600.00

NYNY 43,326 @ 2.44 = 105,715.44

GTOP 25000 @ .79 = 19,750.00

WNBD.. 291,500 @ .036 = 10,494.00

KGLJ... 475,000 @ .032 = 15,200.00




Buy:

NYNY... 43,326 @ 2.51 = 108,748.00

GRO ... 12,000 @ 6.93 = 83,160.00

SWHC ... 10,125 @ 5.44 = 55,080.00



2-14-08

NT... 13,475 @ 11.60 = 156,310.00

GAX 420,200 @ .047 = 19,749.00

KGLJ 475,000 @ .022 = 10,450.00

[$YoungMillionaire$]

You like the WNBD dont you...ive put alittle money's into it recently. I think it is a good mid to long term investment.....

[mike_d]

VRSO ... 50,000 @ .2099 = 10,495.00

lol, this one is looking good for you.

[Aufan 1983]

VRSO ... 50,000 @ .2099 = 10,495.00

lol, this one is looking good for you.

Thanks for bringing it to my attention. I need to add things up today and see how much damage this week has brought. I have been a little sick and lazy so its time to get back on it.

[Aufan 1983]

Haven't kept this updated and let it get in a mess but I think I finally have it straightened out.

Current Holdings:

KRY ... 10,000 @ 1.66 = 33,200.00

ACF ... 7,500 @ 13.40 = 100,500.00

CC ... 10,000 @ 4.68 = 46,800.00

CTRN ... 4,000 @ 15.30 = 61,200.00

CWTR ... 11,175 @ 5.34 = 59,674.50

DTPI ... 10,000 @ 5.88 = 58,800.00

GRO ... 12,000 @ 7.58 = 90,960.00

SWHC ... 10125 @ 5.03 = 50,928.75

GAX ... 420,000 @ .0502 = 21,084.00

VRSO 50,000 @ .34 = 17,000.00

NT ... 13,475 @ 10.98 = 147,955.50

___________________________________

TOTAL = 688,101.50

[Aufan 1983]

SELL:

ACF 7500 @ 13.75 = 103,125.00

DTPI 10,000 @ 6.23 = 62,300.00

VRSO 50,000 @ .31 = 15,500.00
____________________________
Total sell = 180,925.00


BUY:

MCU 200,000 @ .13 = 26,000.00

ENDE 100,000 @ .1325 = 13,250.00

MCQG 500,000 @ .02 = 10,000.00

THC 27,430 @ 4.80 = 131,664.00

[AUHardball]

I have been thinking about this scenario... If i quit work and play only the large cap stocks with 100,000 if i can get .5-1% a day i would be making much more then i make working.

Someone please talk me out of this before i quit on the next rough day at work!!! :-||

[Aufan 1983]

I have been thinking about this scenario... If i quit work and play only the large cap stocks with 100,000 if i can get .5-1% a day i would be making much more then i make working.

Someone please talk me out of this before i quit on the next rough day at work!!! :-||

There will be days you make more but also take into consideration days you may lose 1 - 2 % and they could string together like a bad case of the flu. If I was going to consider it I would try it on paper first kinda like I'm doing and see how it goes.

[Aufan 1983]

SELL:

ACF 7500 @ 13.75 = 103,125.00

DTPI 10,000 @ 6.23 = 62,300.00

VRSO 50,000 @ .31 = 15,500.00
____________________________
Total sell = 180,925.00


BUY:

MCU 200,000 @ .13 = 26,000.00

ENDE 100,000 @ .1325 = 13,250.00

MCQG 500,000 @ .02 = 10,000.00

THC 27,430 @ 4.80 = 131,664.00

REVAMPING MY HOLDINGS... Not happy with what I have and there are several good looking buys.

SELL:

THC ... 27,430 @ 4.81 = 131,938.30

MCQG 500,000 @ .02 = 10,000.00

ENDE 100,000 @ .082 = 8,200.00

MCU 200,000 @ 09 = 18,000.00

KRY 10,000 @ 2.05 = 20,500.00

CC 10,000 @ 4.30 = 43,000.00

CTRN 4,000 @ 15.03 = 60,120.00

CWTR 11,175 @ 5.31 = 59,339.25

GRO 12,000 @ 8.22 = 98,640.00

SWHC 10,125 @ 5.05= 51,131.25

GAX 420,000 @ 051 = 21,420.00

NT 13,475 @ 8.13 = 109,551.75
_____________________________________________

TOTAL = 631,840.55

[AUHardball]

I have been doing it on paper for a few weeks now. That is why i decided to use the large caps. If i can choose stocks that i think are under priced at the time (like AAPL now) I feel that when i do have loses i could hold and it would not be too long before it goes back up.

There is really no method to my madness other then watching as prices fall and jump in once it finds support and selling when it goes up a tad. And i dont buy before lunch.

[Aufan 1983]

631,840.55


Buy

Dfr ... 50,000 @ 3.20 = 160,000.00

Frpt ... 20,000 @ 3.44 = 68,800.00

Fmt ... 20,000 @ 4.00 = 80,000.00

Brlc 75,000 @ .82 = 61,500.00

Cdl 50,000 @ 1.30 = 65,000.00

Lgnd 20,000 @ 3.65 = 73,000.00

Grmu 2000000 @ .005 = 10,000.00

Iar 10,000 @ 5.40 = 54,000.00

Sca ... 62,000 @ .96 = 59,250.00
___________________________________

[Jackson Vile]

Can I ask for you to analyze where you made mistakes?

And recomendations to correct those mistakes/avoide them?

[Aufan 1983]

Can I ask for you to analyze where you made mistakes?

And recomendations to correct those mistakes/avoide them?

I have made several but the one that I have repeated is buying penny stocks.

1. If I were playing with real money I wouldn't be putting much in pennies.

(IMO) 99% of penny plays are con games being played by the ceo and friends.

2. The biggest mistake on the big board stocks has been buying too soon looking for a bounce. The old saying "never try to catch a falling knife" could not be more true. CURE = wait for the charts to indicate a reversal even if it means giving up a few cents from the bottom.

3. I plan to try a theory I have on daytrading midcap stocks that are running on news or falling from news. I don't know how it will work but since its only paper I'm trying a few different things. I have worked on a percentage based theory that looks good but will it work in the real world...lol


4. Holding too long when ahead only for the pps to fall. CURE = Take a smaller profit instead of trying to hit the homerun. Base hits will score runs if you put several together.

I started with roughly 500k and got to a high of 740k in a matter of days. Since that time I have lost back to around 630k. While its still a nice profit and would take it for a year the part that worries me is how fast I lost back to 630k

[Aufan 1983]

631,840.55


Buy

Dfr ... 50,000 @ 3.20 = 160,000.00

Frpt ... 20,000 @ 3.44 = 68,800.00

TMA ... 20,000 @ 4.00 = 80,000.00

Brlc 75,000 @ .82 = 61,500.00

Cdl 50,000 @ 1.30 = 65,000.00

Lgnd 20,000 @ 3.65 = 73,000.00

Grmu 2000000 @ .005 = 10,000.00

Iar 10,000 @ 5.40 = 54,000.00

Sca ... 62,000 @ .96 = 59,250.00
___________________________________

EDIT: Mistake on the symbol. The symbol FMT should have been TMA. When I looked this morning I thought what the crap happen.....:rotfl:

*I'm making the change to the symbol

[Jackson Vile]

So you were playing too losely and play too risky of stocks?

I mean to be honest IMO once you made %50 you were done for the year LOL

That was 250K for the year, then A) study the charts or B) play super super safe?

Very interesting.

[Aufan 1983]

So you were playing too losely and play too risky of stocks?

I mean to be honest IMO once you made %50 you were done for the year LOL

That was 250K for the year, then A) study the charts or B) play super super safe?

Very interesting.

Thats true. Had I been playing real money I would have more than likely removed 150k and banked it. Since I'm paper trading I want to see if I can take it over 1 million

[Jackson Vile]

Are you still continuing this? Do you see any blocks to you experiment beening used in the real world of trading.

ie when you are selling your shares are there buyers at said price ect?

[Aufan 1983]

Are you still continuing this? Do you see any blocks to you experiment beening used in the real world of trading.

ie when you are selling your shares are there buyers at said price ect?

I'm stuck with about 3 stocks that have eat my lunch to the tune of about 60,000 so I'm just holding on and hoping for a bounce.

I don't think there would be any problem selling any of the stocks I currently hold but you never know until you try it for real

[Jackson Vile]

Where are you finding your stocks, what are you indicators you are looking for?

Keeping going so far so good, I want to see the double:biggrin:

[Aufan 1983]

Where are you finding your stocks, what are you indicators you are looking for?

Keeping going so far so good, I want to see the double:biggrin:

Thanks.. I'm looking for different things at different times. My last round of buys I concentrated on stocks that were down bigtime but it cost me bigtime if I sold this morning I would be -30,000.00 8-|. I really like the stocks that appear to have bottomed and started to recover.

Not as bad after today but still terrible.

[Aufan 1983]

3-13-08

Sell 20,000 FRPT @ 2.42 = 48,400.00

20,000 LGND @ 3.83 = 76,600.00


buy

VM 62,500 @ 2.00 = 125,000

[Aufan 1983]

3-17-08

SELL:

brlc 75000 @ .93 = 69,750.00

cdl 50,000 @ 1.38 = 69,000.00

iar 10,000 @ 4.25 = 42,500.00

sca 62,000 @ .80 = 49,600.00



BUY:

frpt 112,800 @ 1.23 = 138,744.00

mf 18,420 @ 5.00 = 92,100.00

[daiello]

I recommend getting into options ;-)

I haven't had time to trade daily lately so I've used an investopedia account to paper trade, +47% on 100k in 1 week.

[Jackson Vile]

Why do you like option so much better? Could you point me into the right direction for information on this? What system are you using to paper trade and what site do you paper trade at?

thank you for your valued input

[Aufan 1983]

Sell

112,000 FRPT @ 1.66 = 185,920.00

Now Holding:

MF ... 18,420 @ 9.97 = 183,647.40

VM ... 62,500 @ 2.10 = 131,250.00

DFR ... 50,000 @ 1.13 = 56,500.00

TMA... 20,000 @ 1.26 = 25,200.00

GRMU... 2,000,000 @ .0013 = 2600.00
________________________________________
TOTAL = 585,117.40

[Aufan 1983]

Buy:

Siri 25,000 @ 3.20 = 80,000.00

Rhd 18,000 @ 5.80 = 104,400.00

[Jackson Vile]

what search criteria are you using when you look at those 52 week lows ie the script you enter in stockfetcher or what ever the scanner may be?

[Aufan 1983]

what search criteria are you using when you look at those 52 week lows ie the script you enter in stockfetcher or what ever the scanner may be?

When doing a search I use smallcapcenter and stockcharts.com and of course the free service so I have more money to play with...:lol:

On stockcharts I look at 52 week lows with the current pps at least 50% below the 50 day moving average and then look to see what caused the drop. Another good scan there is to look at oversold with improving RSI.

I also watch smallcapcenter during the day for stocks that have lost 50% or more for that day or 30% for stocks above 10.00. Once again make sure to see why it fell.

[Aufan 1983]

Sell:

Mf 18,420 @ 9.50 = 174,990.00

Vm 62,500 @ 2.13 = 133,125.00


Buy:

Vlnc 30,000 @ 4.65 = 139,500.00

Abpi 50,000 @ 1.10 = 55,000.00

[Buku]

Sell:

Mf 18,420 @ 9.50 = 174,990.00

Vm 62,500 @ 2.13 = 133,125.00


Buy:

Vlnc 30,000 @ 4.65 = 139,500.00

Abpi 50,000 @ 1.10 = 55,000.00

Hey AUFAN, any chance you can put profit/loss on each sale so we can keep track of how you are doing with each pick?

[Aufan 1983]

Hey AUFAN, any chance you can put profit/loss on each sale so we can keep track of how you are doing with each pick?


Will do on my next sell

[Aufan 1983]

Just thought of this and checked in on it and I have lost my A## while not paying attention.

I sold out all my positions and are starting again with less money.

I ended up with 412,530.00 for a loss of about 88k. I was way ahead but let it slip and lost.

[Aufan 1983]

Round # 2 starting balance 412,000.00


BUY:

ABK 30,000 @ 5.03 = 150,900.00

IMB 20,000 @ 3.97 = 79,400.00

V 1000 @ 85.40 = 85,400.00

NETM 13,950 @ 6.94 = 96,813.00

________________________________________

Total = 412,513.00

[Aufan 1983]

I think there are two opportunities out there and I'm going all in on those two. I wouldn't do this with real dollars but .... this isn't real


SELL:

ABK 30,000 @ 4.80 = 144,000.00

IMB 20,000 @ 3.28 = 65,600.00

V 1,000 @ 87.00 = 87,000.00

NETM 13,950 @ 6.98 = 97,371.00

_______________________________________
TOTAL = 393,971.00


BUY:

IAR .. 50,000 @ 4.01 = 200,500.00

CRBC 25,662 @ 7.50 = 192,465.00

[Aufan 1983]

5-8-08

Sell:
Crbc ... 25,662 @ 7.15 = 183,483.00

BUY:

VDSI ... 16,680 @ 11.00 = 183,480.00

[TNTrader]

An excellent experiment, conducted from a common misconception. If I read your strategy correctly, you are attempting to leverage capital at risk against small movements in stock price. At the most basic, your approach is that of "more is better". Expecting this approach to net smaller percentages magnified by sheer volume. In theory,this approach should average net gains over time,provided that your ability to project stock price action is correct at least 51% of the time. And that you are equally balanced in percentage losses versus gains across that minimum 51% consistantly. You know as well as I,that stocks drop faster than they rise.

So, maintaining the minimum balance to achieve profitability using this strategy actually requires that you have a far greater accuracy (on the order of 66%)in predicting stock action moving in your favor than reality will allow over time, in order to make up for the disparity in the rate of rise versus the rate of fall in stocks. This is all predicated on the assumption that you have the time and inclination to closely monitor your investments through the trading day. All day. Every day.

Doesnt sound like retirement to me. Sounds more like a job. A really nerve racking job.

If your goal is to produce an income from the leveraging of capital, why not actually use the leverage? The same share volume can be controlled at far less capital risk by sticking to options. Options also allow the benefit of a wider time frame for the underlying stock to move in your favor while "smoothing out" the agrivation of watching the funds move in and out, broad trends in sectors,etc..


Good Luck

[Aufan 1983]

Sell:

Vdsi 16,680 @ 13.22 = 220,509.00

Iar 50,000 @ 4.00 = 200,000.00
____________________________________
420,590.00

[Ray The Money Man]

I know the party will come to an end soon, but I have done Ok and been pretty relaxed with PVX and SJT. :zzz: