For bottom pickers and knife catchers

[beamstas]

lol, I don't think that is average across the board, 15-20%, or less, based on indexes, is probably more right, although not sure how many trade on average based upon an overall index.

:iagree:
Xjo Is up about 22% since the lows

 

[So_Cynical]

lol, I don't think that is average across the board, 15-20%, or less, based on indexes, is probably more right, although not sure how many trade on average based upon an overall index.

My blue chip and industrial's watch lists are full of stocks that have, and or still are
up around 50%...Gold and quality midsized miners 80%+ some over 100%

Not much interested in banks and RIO - BHP - retailers and the usual suspects.

 

[bowman]

I had a couple of scalps on ELD and one on AWB yesterday and am watching for opportunities again today.

 

[bowman]

AWB

Quite an extraordinary rally today and I'm out.

I'm very curious which instos dumped yesterday but I'll have to wait 3 days before I have any buy/sell numbers.

 

[Sean K]

Would be interested to see how the bottom pickers have gone against MichaelD again..

 

[bowman]

Having one of my better days this week, but previuos days were a bit ordinary.

Had a scalp on APN as well but was too busy managing trades to give an earlier heads up.

I think tomorrow is the record day for the spp so the retail investors are lining up to buy and it looks like the instos are obliging.

 

[So_Cynical]

I had a couple of scalps on ELD and one on AWB yesterday and am watching for opportunities again today.

Came very close to buying AWB today...looked hard at ELD too.

Why are we looking at the same stuff Bowman?

 

[MichaelD]

Bottom Picking:
78 open trades, 5 closed trades - 28 showing a profit, 53 showing a loss
Total Open/Closed loss 18.7%

Mine:
55 now closed trades - total closed loss 34.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 8.3%


-----


Bottom Picking:
73 open trades - 20 showing a profit, 53 showing a loss
2 closed trades
Total Open/Closed loss 28.0%

Mine:
55 now closed trades - total closed loss 34.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 8.1%


-----


Bottom Picking:
66 open trades - 9 showing a profit, 57 showing a loss
2 closed trades
Total Open/Closed loss 43.5%

Mine:
46 now closed trades - total closed loss 28.2%
19 open trades - 6 showing a profit, 13 showing a loss - total open loss 1.8%


-----

Bottom Picking:
59 open trades - 3 showing a profit, 56 showing a loss
1 closed trade
Total Open/Closed loss 50.3%

Mine:
37 now closed trades - total closed loss 21.7%
18 open trades - 2 showing a profit, 16 showing a loss - total open loss 3.7%

-----

Bottom Picking:
59 open trades - 4 showing a profit, 55 showing a loss
1 closed trade
Total Open/Closed loss 50.8%

Mine:
37 now closed trades - total closed loss 23.1%
19 open trades - 3 showing a profit, 16 showing a loss - total open loss 2.3%

-----

Bottom Picking:
57 open trades - 7 showing a profit, 50 showing a loss
1 closed trade
Total Open/Closed loss -41.0%

Mine:
31 now closed trades - total closed loss 20.9%
18 open trades - 3 showing a profit, 15 showing a loss - total open loss 3.0%

-----

Bottom Picking:
57 open trades - 20 showing a profit, 37 showing a loss
1 closed trade
Total Open/Closed loss -11.7%

Mine:
14 now closed trades - total closed loss 4.0%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 4.0%

-----

Bottom Picking:
57 open trades - 23 showing a profit, 32 showing a loss
1 closed trade
Total Open/Closed loss -6.8%

Mine:
13 now closed trades - total closed loss 3.6%
19 open trades - 9 showing a profit, 10 showing a loss - total open profit 4.0%

-----

Bottom Picking:
51 open trades - 24 showing a profit, 27 showing a loss - total open loss -4.1%

Mine:
7 now closed trades - total closed loss 1.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open loss 0.6%

 

[bowman]

Came very close to buying AWB today...looked hard at ELD too.

Why are we looking at the same stuff Bowman?

I love an overreaction to not so good announcements and I'm not much chop at trend following (short attention span ), so maybe we have that in common?

 

[So_Cynical]

I love an overreaction to not so good announcements and I'm not much chop at trend following (short attention span ), so maybe we have that in common?

Agreed...u buy CSL today?

 

[bowman]

Agreed...u buy CSL today?

Missed that one, but I'm not generally watching stocks above $5 for news driven trades - too many oppportunities going on further down the food chain.

 

[bowman]

Grabbed some GMG today. Just filled an earlier gap and I'm looking for support around .22.

Back in ELD at .255 - for now the support is .25

 

[bowman]

Out of both GMG and ELD on the open.

ELD is developing a range while the instos rebalance, and looks pretty good for buying at the daily lows.

Not sure about GMG, it could really fly for a day or two, but then again.....

 

[Sean K]

How are we going Michael?

 

[MRC & Co]

On that note, cut EQN for me please (sorry did it a while ago but forgot about this thread).

 

[MichaelD]

Bottom Picking:
77 open trades, 6 closed trades - 34 showing a profit, 49 showing a loss
Total Open/Closed loss 10.1%

Mine:
56 now closed trades - total closed loss 35.5%
19 open trades - 10 showing a profit, 9 showing a loss - total open profit 13.9%


-----


Bottom Picking:
78 open trades, 5 closed trades - 28 showing a profit, 53 showing a loss
Total Open/Closed loss 18.7%

Mine:
55 now closed trades - total closed loss 34.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 8.3%


-----


Bottom Picking:
73 open trades - 20 showing a profit, 53 showing a loss
2 closed trades
Total Open/Closed loss 28.0%

Mine:
55 now closed trades - total closed loss 34.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 8.1%


-----


Bottom Picking:
66 open trades - 9 showing a profit, 57 showing a loss
2 closed trades
Total Open/Closed loss 43.5%

Mine:
46 now closed trades - total closed loss 28.2%
19 open trades - 6 showing a profit, 13 showing a loss - total open loss 1.8%


-----

Bottom Picking:
59 open trades - 3 showing a profit, 56 showing a loss
1 closed trade
Total Open/Closed loss 50.3%

Mine:
37 now closed trades - total closed loss 21.7%
18 open trades - 2 showing a profit, 16 showing a loss - total open loss 3.7%

-----

Bottom Picking:
59 open trades - 4 showing a profit, 55 showing a loss
1 closed trade
Total Open/Closed loss 50.8%

Mine:
37 now closed trades - total closed loss 23.1%
19 open trades - 3 showing a profit, 16 showing a loss - total open loss 2.3%

-----

Bottom Picking:
57 open trades - 7 showing a profit, 50 showing a loss
1 closed trade
Total Open/Closed loss -41.0%

Mine:
31 now closed trades - total closed loss 20.9%
18 open trades - 3 showing a profit, 15 showing a loss - total open loss 3.0%

-----

Bottom Picking:
57 open trades - 20 showing a profit, 37 showing a loss
1 closed trade
Total Open/Closed loss -11.7%

Mine:
14 now closed trades - total closed loss 4.0%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 4.0%

-----

Bottom Picking:
57 open trades - 23 showing a profit, 32 showing a loss
1 closed trade
Total Open/Closed loss -6.8%

Mine:
13 now closed trades - total closed loss 3.6%
19 open trades - 9 showing a profit, 10 showing a loss - total open profit 4.0%

-----

Bottom Picking:
51 open trades - 24 showing a profit, 27 showing a loss - total open loss -4.1%

Mine:
7 now closed trades - total closed loss 1.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open loss 0.6%

 

[MRC & Co]

Cut CCP please.

 

[Saucebottle]

Re: Bottom pickers and knife catchers

I dont agree, I looked at the All ords at 3500 and thought ****, it would be good to buy shares at the same price as 2004 in 2009, then hold for 10 years, then retire at 45.. living off divs... No day gambling

 

[MichaelD]

Bottom Picking:
76 open trades, 7 closed trades - 43 showing a profit, 40 showing a loss
Total Open/Closed profit 9.9%

Mine:
58 now closed trades - total closed loss 34.9%
19 open trades - 14 showing a profit, 5 showing a loss - total open profit 35.8%


-----


Bottom Picking:
77 open trades, 6 closed trades - 34 showing a profit, 49 showing a loss
Total Open/Closed loss 10.1%

Mine:
56 now closed trades - total closed loss 35.5%
19 open trades - 10 showing a profit, 9 showing a loss - total open profit 13.9%


-----


Bottom Picking:
78 open trades, 5 closed trades - 28 showing a profit, 53 showing a loss
Total Open/Closed loss 18.7%

Mine:
55 now closed trades - total closed loss 34.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 8.3%


-----


Bottom Picking:
73 open trades - 20 showing a profit, 53 showing a loss
2 closed trades
Total Open/Closed loss 28.0%

Mine:
55 now closed trades - total closed loss 34.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 8.1%


-----


Bottom Picking:
66 open trades - 9 showing a profit, 57 showing a loss
2 closed trades
Total Open/Closed loss 43.5%

Mine:
46 now closed trades - total closed loss 28.2%
19 open trades - 6 showing a profit, 13 showing a loss - total open loss 1.8%


-----

Bottom Picking:
59 open trades - 3 showing a profit, 56 showing a loss
1 closed trade
Total Open/Closed loss 50.3%

Mine:
37 now closed trades - total closed loss 21.7%
18 open trades - 2 showing a profit, 16 showing a loss - total open loss 3.7%

-----

Bottom Picking:
59 open trades - 4 showing a profit, 55 showing a loss
1 closed trade
Total Open/Closed loss 50.8%

Mine:
37 now closed trades - total closed loss 23.1%
19 open trades - 3 showing a profit, 16 showing a loss - total open loss 2.3%

-----

Bottom Picking:
57 open trades - 7 showing a profit, 50 showing a loss
1 closed trade
Total Open/Closed loss -41.0%

Mine:
31 now closed trades - total closed loss 20.9%
18 open trades - 3 showing a profit, 15 showing a loss - total open loss 3.0%

-----

Bottom Picking:
57 open trades - 20 showing a profit, 37 showing a loss
1 closed trade
Total Open/Closed loss -11.7%

Mine:
14 now closed trades - total closed loss 4.0%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 4.0%

-----

Bottom Picking:
57 open trades - 23 showing a profit, 32 showing a loss
1 closed trade
Total Open/Closed loss -6.8%

Mine:
13 now closed trades - total closed loss 3.6%
19 open trades - 9 showing a profit, 10 showing a loss - total open profit 4.0%

-----

Bottom Picking:
51 open trades - 24 showing a profit, 27 showing a loss - total open loss -4.1%

Mine:
7 now closed trades - total closed loss 1.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open loss 0.6%

 

[MichaelD]

Bottom Picking:
76 open trades, 7 closed trades - 40 showing a profit, 43 showing a loss
Total Open/Closed profit 3.2%

Mine:
68 now closed trades - total closed loss 18.3%
19 open trades - 8 showing a profit, 11 showing a loss - total open profit 4.0%


-----


Bottom Picking:
76 open trades, 7 closed trades - 43 showing a profit, 40 showing a loss
Total Open/Closed profit 9.9%

Mine:
58 now closed trades - total closed loss 34.9%
19 open trades - 14 showing a profit, 5 showing a loss - total open profit 35.8%


-----


Bottom Picking:
77 open trades, 6 closed trades - 34 showing a profit, 49 showing a loss
Total Open/Closed loss 10.1%

Mine:
56 now closed trades - total closed loss 35.5%
19 open trades - 10 showing a profit, 9 showing a loss - total open profit 13.9%


-----


Bottom Picking:
78 open trades, 5 closed trades - 28 showing a profit, 53 showing a loss
Total Open/Closed loss 18.7%

Mine:
55 now closed trades - total closed loss 34.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 8.3%


-----


Bottom Picking:
73 open trades - 20 showing a profit, 53 showing a loss
2 closed trades
Total Open/Closed loss 28.0%

Mine:
55 now closed trades - total closed loss 34.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 8.1%


-----


Bottom Picking:
66 open trades - 9 showing a profit, 57 showing a loss
2 closed trades
Total Open/Closed loss 43.5%

Mine:
46 now closed trades - total closed loss 28.2%
19 open trades - 6 showing a profit, 13 showing a loss - total open loss 1.8%


-----

Bottom Picking:
59 open trades - 3 showing a profit, 56 showing a loss
1 closed trade
Total Open/Closed loss 50.3%

Mine:
37 now closed trades - total closed loss 21.7%
18 open trades - 2 showing a profit, 16 showing a loss - total open loss 3.7%

-----

Bottom Picking:
59 open trades - 4 showing a profit, 55 showing a loss
1 closed trade
Total Open/Closed loss 50.8%

Mine:
37 now closed trades - total closed loss 23.1%
19 open trades - 3 showing a profit, 16 showing a loss - total open loss 2.3%

-----

Bottom Picking:
57 open trades - 7 showing a profit, 50 showing a loss
1 closed trade
Total Open/Closed loss -41.0%

Mine:
31 now closed trades - total closed loss 20.9%
18 open trades - 3 showing a profit, 15 showing a loss - total open loss 3.0%

-----

Bottom Picking:
57 open trades - 20 showing a profit, 37 showing a loss
1 closed trade
Total Open/Closed loss -11.7%

Mine:
14 now closed trades - total closed loss 4.0%
19 open trades - 7 showing a profit, 12 showing a loss - total open profit 4.0%

-----

Bottom Picking:
57 open trades - 23 showing a profit, 32 showing a loss
1 closed trade
Total Open/Closed loss -6.8%

Mine:
13 now closed trades - total closed loss 3.6%
19 open trades - 9 showing a profit, 10 showing a loss - total open profit 4.0%

-----

Bottom Picking:
51 open trades - 24 showing a profit, 27 showing a loss - total open loss -4.1%

Mine:
7 now closed trades - total closed loss 1.6%
19 open trades - 7 showing a profit, 12 showing a loss - total open loss 0.6%