Saturday, January 12, 2008


If you've been in our chatroom of late you would know that quite a few of us have traded/profited from these exact same 5 stocks in the last 2+ months.
SEED especially has huge fast intraday up moves at times.

Here's an interesting article to check out:

The 5 stocks mentioned here

SEED - 11.5%
COIN + 41%
NOEC + 20%
TITN + 2%
FEED + 20%

Plus COINZ +47% and COINW + 95% both on much higher than normal volume.

All 7 had been up even higher at their hods and backed off near the close.

GRO CAGC also agri stocks gave decent gains

Sunday, January 6, 2008

What to Do with Your Day Trading Profits

I posted about the mutual fund CMGFX a couple times on the blog.

I said "2 years ago I took 16 months off from trading other than adding money into CGMFX, a mutual fund I dollar cost average with. ..... But this is what I do. I basically trade off the same $30k account over and over. What is left over at the end of the month after living expenses I roll over into either CGMFX or a few stocks like RRI which I'm into now."

Every month I move my day trading profits into this and a couple other funds. I know some people can manage trading six figure accounts. Myself, I am more comfortable with a smaller amount. I know I can make big returns on smaller plays, and that's my style.

Check out this article about the fund. Up 82% in the last 12 months. Not bad for no work.

Nightmare After Christmas

Nasty topic, but taxes and Schedule D. See the comments on this post regarding taxes. Hope this eases the pain some!