What kind of investor are you?
March 10, 2008
The purpose of investing in the stock market is to choose winning stocks, buy them at a low price, sell them at a profit and increase your capital. It is therefore, essential that you develop a trading strategy or a mix of strategies in advance; this strategy should fit your plans and determine your tolerance for risk. This can help you avoid making mistakes while potentially bringing in profits.
In general, there are two main branches of analyses which are used by investors: fundamental analysis and technical analysis. The fundamental method concentrates on the business and the financial information, while the technical strategy deals with the technical details such as the behavior of the stock price over time or the trading volume. Each strategy is composed from many sub-methods.
Read more and try to understand what kind of investor you are…
How much can you gain in 60 minutes?
Last week we had a special 60 minutes competition. Those of you who participated surely felt the excitement in the air. Those who are not engulfed in the excitement of the stock market may not realize what energy is spent when a trading session lasts but sixty minutes. However, for expert traders 60 minutes can be a long enough period of time to build a solid short term trading strategy and gain positive returns.
Agent, the winner of this ultra
short term competition, is such a trader. Agent was smart enough to choose an intelligent mix of ten stocks, which were held for the entire 60 minutes and yielded a return of almost 1 percent. Let me re-iterate- ONE PERCENT RETURN IN SIXTY MINUTES. Likewise, TRAIN (0.84%) and BULLitPROOF (0.67%) also gained impressive returns.
Due to the success of the competition we will consider running these type of short competitions in the future, so keep your eyes focused on the competitions page.
Yalicoo competitions highlights
There are still three weeks left for the
quarterly competition, but it seems that the unbeatable TheTrader is safely in the lead. TheTrader keeps his approximate 20 percent return, while baohan and iverson are placed behind in the second and third places with 2-4%.
A quick look at TheTrader’s portfolio reveals that most of his current holdings, such as GRMN, JASO and SOLF, have dropped in value. However, since we are dealing with an experienced trader with a proven record of winning
Yalicoo competitions, it might be possible that these are strategic holdings that will soar in the upcoming weeks. Perhaps you too should consider taking advantage of the low prices these stocks are currently traded at, in order to improve your position on the scoreboard.
The
monthly competition, on the other hand, is wide open. Our well known agent is in the lead with 7.82%, TheTrader is ranked second with 5.84% and behind them is iverson (1.66%), closing the top three.
These three leaders are probably well trained and informed traders, but we are sure that there are many other expert traders among you that are craving for a chance at the glory. Just keep on practicing in
additional competitions; this will help you become a more experienced trader, close the gap with the leaders and maybe even conquer the first place in a competition.
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