I look at stock market activity in 3 ways. Intermediate TRADING (holding a stock more than 2 days and less than six months). Long term INVESTING (greater than 6 months at which time we revisit the company). And SPECULATIVE action (options, penny stocks, less than 2 day holds)
We will start off with $30,000 ($10,000 for each trading vehicle).
I do not have the time to update everyday, but will post results each Monday.
So...
1) Every week, on Monday, I will focus on 10 stocks. They can be carried over from the previous week, be new additions or changed through the week. All stocks are chosen from my picks on stockcharts.com--I would ideally like to perfect this system in order to consistantly generate cash! So thank you for joining me on this journey.
So some weeks there will be more activity and some none at all (the preferable choice). This portfolio is for more active traders or speculators.
2) I will have another 10 stock list for investors that will be updated every week and may or may not have 10 stocks in it. I will not try to change it often so starting out I will have no recommendations. Each stock will be analyzed here at my blog, so you will have my justification to own it. Nothing like buying something and see it keep on appreciating. Your savings at work!
3) At most, 5 speculative plays, but since they happen randomly, they will be posted accordingly. Who doesn't like seeing some fireworks now and then?
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment