Recent content by Nortorious

I'm seeing a lot of $$$ head into Gold mining stocks which makes me think a drop is imminent (within a week or two). My rationale is the market drops, investors rush to Gold, increasing demand and pushing the price up. As a result, gold miners become more profitable with the precious metal now...

Nice revival Cam019. I might go back and revisit some of the threads that I used to post on and review how those stocks are now performing. I remember looking at NCM awhile ago and it is doing very well now.

Don't believe everything you hear. All power to him if he did turn $100 into $15k. I imagine trying to replicate a lucky streak would be tough though. Ask him what he made in the months prior or the months after and then you'll know if it was a systematic approach that produces consistent...

My picks are (not sure if these are the best 5 for 2017 but beach time is calling....) AGL GFY ENN PTB CVC

I'll be in, just need to do my scans to find the best 5 for 2017.

I've been missing in action on this forums thanks to a very full work diary and closing out things ahead of the end of year. I'll be in for this next year.

Hi Joe, Put me in for AEE. Chart looks ripe for a run. I would have gone TAM or AWV but both are already taken. :banghead: TAM will be the one to be on..... me thinks :xyxthumbs

Nice work Barney. I got into this one about a month ago and am very pleased to see how it is going! Hopefully more in store...

Well I'm glad you used a stop loss Tela. 16% is nothing compared to a 70 or 80% burner..... You are still in the game and fine to fight another day and take another trade. Risk management is everything in this game and given you have stops already in your approach, I'm sure you are on the path...

How's that reputable newsletter tip going Tela? Doesn't look like too much buying is happening (especially today)... Always be careful when you see people advising you to buy. Think about what their motivations are..... it's not usually to make you money I can tell you that much!

Looking at the weekly chart, I'd say this is trading sideways rather than trending.... don't see what you want to see but see what is actually there ;)

Any time I see this "tipped in a reputable newsletter recommendation" my first thought is sell... not buy. Question, if you were a professional trader trying to make $$$, would you be telling everyone else to buy and driving the price up on yourself? Or would you be selling into this new demand...

I personally don't follow/worry about the news as I'm too busy to be paying attention on reporting dates etc. With the right position size and risk management, it's not an issue. You might get stopped out even if you weren't expecting it or you may have a nice run that you didn't foresee...

+1 for this post

It's a great thread to follow Peter2. As you have said (in other words), you need to survive the market before you can expect to thrive in the market. My recommendation to grah33 is to focus on what he/her is doing as a trader and forget about the commentary that is everywhere in the media and...