Want to make money?

[Survivor]

Every time I buy a stock the price goes down.
I'll post my picks so they can be shorted.
Today MT, start shorting it. After a 5.00 dollar run up it just tanks, good luck gentle men. woe is me...

[none9999]

Every time I buy a stock the price goes down.
I'll post my picks so they can be shorted.
Today MT, start shorting it. After a 5.00 dollar run up it just tanks, good luck gentle men. woe is me...

Been there :withstupid: ......lol......that just seemed appropriate!!

But after that happening pretty much every time, I stopped blaming lady luck and started to do something about it. I was picking stocks just based on fundamentals and holding on to them which obviously doesnt work very well in this market....Now I pick a stock based on fundamentals and time the trade using technical analysis and the results seem to be getting better......am not there yet but hopefully am getting there....

If you dont mind, how do you make your buying decisions??

[Survivor]

If earnings are positive on a particular companies stock,the day before such as X yesterday just smoked. Your biggest investment enemy is your brain.
Try not to follow the herd so you don't get trampled by them. Look the other way not where the noise is. MACD, beaten down stocks that should be bought.RIG,HES,PBR.
Its a crap shoot, sometimes.

[wallstreetsedge]

how about using previous body's midpoint as stop loss