Stock Picking Using A Dart

[barney]

A happy snap whilst there...

Fair dinkum ... nice pants!!

ps Have you considered electrolysis

 

[jbocker]

...

Next competition I will further refine "Stock picking with a Dart" to "Trading with a Dart", not alone as an entry signal but incorporating an exit strategy.

Meanwhile let us see if GED can achieve triple figures profit over the course of the month.

gg

That can only happen if the stock sits on the triple ring.
One of the finer darticulate points of Dartrading.

 

[jbocker]

Next competition I will further refine "Stock picking with a Dart" to "Trading with a Dart", not alone as an entry signal but incorporating an exit strategy.

I could help out Garpel. I have in my possession a rare edition given to me by my Pop before he went away for Trading Inside or something. Popiscle (as I called him because he was really cool) was going to flog the publication which he bought from Charles (Chuck) Dartzmorr 'I Made a Million Pounds with ONE Dart.' It is a bit dated, but I could rip out some pages of my favourite Dartrade techniques. and post them on this thread. Favourites like The Reverse Sold, The Contrarian technique, The Vacuum and a few more. If you already have a copy let me know, Popiscle never told me if ever sold any.

 

[Garpal Gumnut]

I could help out Garpel. I have in my possession a rare edition given to me by my Pop before he went away for Trading Inside or something. Popiscle (as I called him because he was really cool) was going to flog the publication which he bought from Charles (Chuck) Dartzmorr 'I Made a Million Pounds with ONE Dart.' It is a bit dated, but I could rip out some pages of my favourite Dartrade techniques. and post them on this thread. Favourites like The Reverse Sold, The Contrarian technique, The Vacuum and a few more. If you already have a copy let me know, Popiscle never told me if ever sold any.

Thank you @jbocker . I plan a trip to the Swan River Colony once the borders open again and we can dust off the manuscript together.

I will be staying at the DoubleThree by Hilton Hotel in Northbridge, one of the many Trips I plan in investigating my new technique for an upcoming book, entitled. "No Bulls Hit Riches".

gg

 

[jbocker]

I will be staying at the DoubleThree by Hilton Hotel in Northbridge, one of the many Trips I plan in investigating my new technique for an upcoming book, entitled. "No Bulls Hit Riches".

Hey we could catch up. I like the title ...gotta say it loud and fast. Perfect for Spruiking

 

[jbocker]

As promised an excerpt from Chuck Dartzmor's I Made a Million Pounds with ONE Dart.

The Reverse SOLD. (R-SOLD)
Selecting candidates:
this is easy, you know these shares. They are the shares that were certain to do very well. But didn't, and you lost money sometimes a lot. So you sell them. Then when SOLD they REVERSE and climb rapidly and significantly.
I know the ASF gurus say there should be no emotion in share trading, even when (the little bloody mongrel sh*t) shares dont go to plan. So you put these on the dart board for the following month tipping selection. There is potentially some satisfaction of winning without risking more dollars.

The selection technique (rules):
A run up is required.
This needs to be done at a time when no sensitive ears are around.
Assign the R SOLD shares to numbers or portions of the board.
Take one dart.
Go to the end of you run up.
Run to the launch line.
At the launch line throw the dart yelling the following... (insert you favourite rude words)
TAKE THAT YOU _____ MISERABLE ______, ________R-SOLD ______ SHARES!!!!
This is very therapeutic.
I have personally used the DK Lillee delivery and the Jeff Thompson sling. With a BIG snarling glare at the board to finish off.

To qualify as a valid selection, the dart must be imbedded in the board to (at least) 1/2" along the barrel grip on the dart. Otherwise its a no throw.

You now have your selection.

Note this a very successful technique in that many selections attain positive results. On the last day of the comp the share will often attain (or slip) to 4th.
Final note, dont invest in the selection as it will live up to its name R-SOLD share.

NEXT. coming soon...If you are a fan of Dogs of the Dow you will love this one

 

[jbocker]

OK 'Dogs of the Dow' was something that probably had been adapted from Chuck Dartzmorr's book. The selection process (very generically) is to select the poorest performing stocks from the top 20 stocks at the end of the year and back for a turnaround in the following 12 months.
But in the ASF monthly competition the dartrade strategy is known as

The Mongrels of the Month
Selecting candidates:
Just look at the results for the previous months competition listing and pick the 5 worst performers of the month, assign them to different sections of the dart board.

The selection technique (rules):
Take one dart and throw it at the board.
What it hits is the selection for the next months competition
CAUTION: Make sure you are not holding spare darts! In disbelief, there is a strong tendency to slap your forehead when you see the selection.
NOTE: There is a timing issue here, some tipsters repeat the selection again and early for the following month (I know that sounds absolutely stupid but I assure you, they do).


BONUS: so that you do not have to wait for the next strategy. I will give it to you NOW.

The Calendar Canines.

Selecting candidates:
This is similar to the 'Mongrel of the Month' but for the annual competition.
The selection candidates are taken from the ASF annual competition find the 20 poorest performers. Assign each candidate to a number 1 to 20 on the dart board.

The selection technique:
Take 5 darts casually throw at the board. They are your selections. If you happen to hit the same number twice then that can be your TOP TIP, and then rethrow one of the two darts. Otherwise TOP TIP is the first dart.


OK Next coming soon is the Contrarian Dartrade strategy.

 

[Garpal Gumnut]

Thank you @jbocker . The time you have invested in assisting me in both an entry and exit strategy using a dart is very much appreciated. As I possess probably one of the lower IQ's on ASF though, I found it too complex and am tending towards an Ockham's Razor approach. Simple, quick, neat and profitable, under all conditions.

I have been drawn towards using a substitute agent for the system, rather than a dart and am much attracted by some American cousins in Kentucky who use an axe. Although we are over one week before the last day for entering the September comp, time is of the essence.

As our Chief Health Officer in Queensland has banned TT (Topless Tuesday) at the hotel, there may be an opportunity to invoke some chaos theory in to the pick using an axe throw, as well as providing some eye candy for long term investors and Ross Island Hotel patrons by choosing suitably equipped young ladies and gents as throwers.

One of course would need the throwers to be blindfolded.

I will expand on my system using both a dart for entry and an axe for exit over the next week.

Disclaimer: This is not axe throwing advice. I am not a licensed axe thrower. Anyone following suggestions in this post should be aware that there are risks even death involved. Seek professional advice from a licensed axe thrower before axe throwing.



gg

 

[Dona Ferentes]

"By diverse means we arrive at the same end."

 

[Austwide]

Confusing. I thought the Dart was for daily charts and the Axe for weekly.

GG suggests the Axe can be used for either time frame.

I'll give it a go but stand clear.............

 

[Dona Ferentes]

always a good time to bury the hatchet

 

[bux2000]

As our Chief Health Officer in Queensland has banned TT (Topless Tuesday) at the hotel, there may be an opportunity to invoke some chaos theory in to the pick using an axe throw, as well as providing some eye candy for long term investors and Ross Island Hotel patrons by choosing suitably equipped young ladies and gents as throwers.

It appears obvious this decision has resulted in a cover up But hopefully will ultimately result in a blanket ban. Perhaps the hotel could rename the event under the circumstances and in an effort to disguise and refine its results as TTT Topless Tomahawk Tuesday
Perhaps the Hotels Health and Safety Officer could schedule a refresher course as the Health and Safety video submitted above does not really hit the spot. .........Just saying.
I offer a video below which may be more appropriate
https://duckduckgo.com/?q=using+a+tomahawk&iax=videos&ia=videos&iai=https://www.youtube.com/watch?v=_8ADMTfSFWs

While watching the video I recognised a similarity in traits and was going to suggest renaming the event as CCT Cigar Cutting Tuesday but quickly realised the former would appear far more rounded.

 

[bux2000]

In my haste to help reinstate and make safer Tuesdays most popular destination in Townsville I neglected to apologise in advance for the TSTT (Totally Sexist Title and Tone) of the above post and educational video.

Can I Formally Apologise to anyone this may have offended

All the very best
bux

 

[jbocker]

OK Next coming soon is the Contrarian Dartrade strategy.

Ok I might finish off with this one for now.

The Contrarian
Selecting candidates:
What you aim for is a selection that no one would pick because it has had a massive drop in pricing but a contrarian would argue with a number of reasons that it will recover equally massively (no not just a dead cat bounce). The price drop must be very recent just prior to end of month and must be a fall of greater than 40%. (You can see that to recover to its former price in a month it will require an 80% increase. That will win most monthly competitions.)

The selection technique (rules):
Paste all the selections onto the dartboard board or assign numbers to the candidate stocks.
Take one dart and remove the shaft and flights (usually can be unscrewed) afix the dart barrel and tip to the wall so that the tip of the dart is facing outwards. Pick up the dartboard and throw at the affixed dart (it IS contrary to the normal, right?) With the board attached to dart, remove dart and board from wall, turn over an "wullar" you have your selection.
(extract from I Made a Million Pounds with ONE Dart. by Charles 'Chuck' Dartzmorr)

 

[Dona Ferentes]

As Agent 99 wrote elsewhere:
Timing + Sector + Dart = Outperformance ( )

https://corporatefinanceinstitute.c...ing-investing/what-is-the-random-walk-theory/
"If, on the other hand, you believe that price movements are not random, then you should be polishing your fundamental and/or technical analysis skills, confident that doing such work will pay off with superior profits through actively trading the market".

Clearly, by making decisions and deploying capital, an investor will not get index returns (which index, btw?). It's a wonderful game.

 

[Garpal Gumnut]

I am gratified by the interest in my Stock Picking System using a dart. Also by the generous advice on the subtle fine-tuning of an exit strategy. The latter so far has an axe and tomahawk thrown as the indicators of choice.

I believe that all are agreed on an entry. A dart. It is what it is, to quote the Orange Loon in the White House.

A month is a long time in this heated market and an exit strategy needs to be available the evening before each trading day, should one not be satisfied with @Joe Blow 's generous $100 prize in the monthly competition but rather actually trade what pass as on life-support going outfits in the entries. In other words to exit before they croak it with a profit.

I now have seven days and nights to finalise the exit.

gg

 

[bux2000]

I now have seven days and nights to finalise the exit.

No pressure then.

May the Gods be with you.

Remember ..... keep those tips sharp and the momentum behind you

What could possibly go wrong ........ the day of entry is a Tuesday

bux

 

[Garpal Gumnut]

Having picked a stock using a dart for the September Competition that nobody on ASF had commented on for over 8 years I feel that an entry and exit strategy should be announced for ALL AND ANY STOCKS in the Competition. At least for CVV. Never heard of it?, me neither.

The entry and exit will involve some mathematics rather than weapons. You will need a digital watch, a good eye, and the following prime numbers under 60 (there are 60 seconds in a minute that is why I chose these prime numbers) 2, 3, 5, 7, 11, 13, 17, 19, 23, 29, 31, 37, 41, 43, 47, 53, 59

Each evening after market close, should you wish to buy a pick look immediately at your watch. Remember the second number. If you have an analog watch just guess. Let us say it is 38. Pick the nearest prime number in the list above. This is 37. Add 3 and 7 to get 10. This is an even number. DO NOT BUY THE STOCK. Only buy if it is an odd number. e.g if the second hand is at 40 then 41 would indicate a BUY.

The same strategy should be used for selling. If it is an even number DO NOT SELL. Only sell if it is an odd number.

This strategy has not been tested and is currently awaiting patent.

gg

 

[barney]

This strategy has not been tested and is currently awaiting patent.gg

Geez ... And I thought the Mandelbrot Set was intricately detailed

 

[Dona Ferentes]

Too complex, for me at least. My only precondition is that i don't actually hold.