{"id":488,"date":"2005-04-01T02:39:57","date_gmt":"2005-04-01T07:39:57","guid":{"rendered":"http:\/\/selfinvestors.com\/tradingstocks\/mail-bag\/one-members-strategy\/"},"modified":"2005-04-01T02:39:57","modified_gmt":"2005-04-01T07:39:57","slug":"one-members-strategy","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/mail-bag\/one-members-strategy\/","title":{"rendered":"One Member&#8217;s Strategy"},"content":{"rendered":"<p><font face=\"Arial\">1) I only buy from your list of stocks in the breakout tracker<br \/>\n2) I gather possibilities the prior evening and put them in a watch list using Medved Quote Tracker. This gives me real time tracking the next day. Real time alerts are also set in QT for my mental buy stops.<br \/>\n3) Unless the market is on a tear (I think I&#8217;ve forgotten what that is) I won&#8217;t buy until 30-60 minutes after the open. A couple of times I&#8217;ve gotten lucky because by the time I have gotten your buy alert the market has changed to a more favorable condition for my buy. I&#8217;m convinced you planned it that way for us amateurs.<br \/>\n4) Right after making a buy I set my sell stop at 5% or less. As soon as I make more than $20, I bring my sell stop to just above break even (including commissions and spread costs). If I can stay home and watch the market (which I can do a couple days a week) I keep adjusting my trailing stop by finding an intraday support and bringing my stop to just below that. Granted I have missed some great runs but the chance of finding one of those in the current market is pretty dismal.<br \/>\n5) Your hammering on money management finally woke me up to stop wishing the market would do what I want after I pull the trigger. I&#8217;ve only been holding positions for a short time &#8212; about six days on average, although the time gets shorter each week.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1) I only buy from your list of stocks in the breakout tracker 2) I gather possibilities the prior evening and put them in a watch list using Medved Quote Tracker. This gives me real time tracking the next day. Real time alerts are also set in QT for my mental buy stops. 3) Unless &hellip; <a href=\"https:\/\/selfinvestors.com\/tradingstocks\/mail-bag\/one-members-strategy\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">One Member&#8217;s Strategy<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-488","post","type-post","status-publish","format-standard","hentry","category-mail-bag"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/comments?post=488"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/488\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}