Sunday, January 11, 2009

Ideas for Monday

Any person or service who offers large amounts of fast and easy money through trading is a liar.

I've spent a huge amount of time over the past 3 days working on stocks. I've looked at a over 1,000 different stocks. I narrowed that down to around 50 potential ideas.

The problem is that just because I think a stock is going to move in a certain direction doesn't mean I can trade it. A lot of stocks didn't have low-risk entry point. I always have to a safe exit strategy if I'm wrong.

There is a lot of work after finding the idea. A lot of time spent in Excel. Figuring out capital allocation, stops, potential profit targets, commissions, and risk/reward ratios.


The nightly server maintenance alert has become a regular occurrence in my nights and usually means I should be getting to bed.

Here are my short ideas.




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