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TranceAddict Investors Club @ Marketocracy (pg. 4)
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| spdandpwr |
thanks....you made things a lot clearer...funny how you can learn more outside of school when applied correctly than while in school....
what degree do you currently hold?
Also, what do you guys think of the new quant funds that are becoming popularized. That is, do you guys think that these new computer models can spot better market winners than humans?
i know monkeys can... :whip: |
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| Omega_M |
Ok i registered on this website and I'm stuck right here...
How do I start to fill this table ?
How do I know what are the symbols for the different companies ?
What is the whole concept in a nutshell ?
Is it about investing in the right companies which will see a rise in their share prices ?
This pic is a bit old. Right now, I have $999,780.84 left with a NAV of $ 10.00 What is this about ? My table is still blank.
Excuse me for my questions...but I'm a total n00b at finance. |
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| atbell |
| quote: | Originally posted by spdandpwr
thanks....you made things a lot clearer...funny how you can learn more outside of school when applied correctly than while in school....
what degree do you currently hold?
Also, what do you guys think of the new quant funds that are becoming popularized. That is, do you guys think that these new computer models can spot better market winners than humans?
i know monkeys can... :whip: |
There's to much chance to be able to develop a forula / computer model that is anything more then a tool. That's what Krypton's valuation model is, a tool. To get any tool to work right you have to know how it works (i'm interested in seeing how you do this). |
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| Krypton |
| quote: | Originally posted by atbell
There's to much chance to be able to develop a forula / computer model that is anything more then a tool. That's what Krypton's valuation model is, a tool. To get any tool to work right you have to know how it works (i'm interested in seeing how you do this). |
Yep, the methodology is still the same, 1. Fundamental Analysis (Quality), 2. Valuation (More fundamental analysis) 3. Trend-following
Implimenting the strategy is an art, not a science. What I have created is my way to impliment this strategy in a way I know works, I know why it works, and I've been testing it for more than 6 months. You just find the strategy that works for you, and only you know what works for you, not some broker on wall street.
| quote: | How do I start to fill this table ?
How do I know what are the symbols for the different companies ?
What is the whole concept in a nutshell ?
Is it about investing in the right companies which will see a rise in their share prices ?
This pic is a bit old. Right now, I have $999,780.84 left with a NAV of $ 10.00 What is this about ? My table is still blank.
Excuse me for my questions...but I'm a total n00b at finance. |
If you know a company is tradable (has stock to sell), it shouldn't be hard to find its symbol on say yahoo finance, or moneycental.msn.com.
Here is a good place to start..Top Rated Stock (By Stockscouter)
More Stockscouter stocks
As with that buy wizard table thingy, just enter the symbol into the appropriate box. The other boxes ('Buy Shares', 'New Position Size', 'Buy $', 'Limit Price')...These are 4 separate ways you can buy a stock. All you have to use it one. In the 'Buy Shares' box, you can enter the amount of shares you want to buy. In the 'New Position Size', you can enter the percentage (%) of your fund you want to put into the stock. In the 'Buy $', you can enter the amount of money you want to put in the stock. In the 'Limit Price', you can enter the price at which you want to buy the stock, and when the stock hits that price, it will execute the buy order.
You only need to use one of these boxes. Use whichever one you think is simpler. Like 'Buy $', just enter 80000 to put $80,000 into the stock. "New Position Size', put in 8%, and 8% of your fund with go to buying the stock. |
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| Capitalizt |
methinks I picked a bad time to go ultrashort on the market.
;)
I made the trades last week at $10.06, and now I'm down to $9.62
This overinflated DOG is goin down...but my timing was a little off. Take your profits and get out now folks. The real economy in the US is crap. Get out of your bubblestocks and into hard assets asap. |
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| Krypton |
| quote: | Originally posted by Capitalizt
methinks I picked a bad time to go ultrashort on the market.
;)
I made the trades last week at $10.06, and now I'm down to $9.62
This overinflated DOG is goin down...but my timing was a little off. Take your profits and get out now folks. The real economy in the US is crap. Get out of your bubblestocks and into hard assets asap. |
lol, that's a pretty pessimistic view:p
Guess what got the Dow over 14000, and other US markets going higher? Foreign investors. Compared to Europe, the USA is cheap cheap cheap. Look at the british pound, the euro are at historic highs against the dollar. Right now, US stocks for europeans are bargains. Today showed us that US stocks are still great bargains and we are not in a market bubble. |
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| Omega_M |
Thanks Krypton for the information. So I finished buying mah shares. :tongue2 Dunno whether it's a good idea, but I invested in large and well established corporations. I picked shares from the following sectors :
Aerospace
Oil and Gas
IT
Food
Engineering
Is it ok to discuss your company investments ? |
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| spdandpwr |
| quote: | Thanks Krypton for the information. So I finished buying mah shares. Dunno whether it's a good idea, but I invested in large and well established corporations. I picked shares from the following sectors :
Aerospace
Oil and Gas
IT
Food
Engineering
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oil and gas is doing surprisinly well....chevron is doing really well... $20 stock price increase in the last 6 months! |
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| spdandpwr |
i must also say, big props to me for catching up to you guys after a slow start....my Lifeway Foods Inc. stock is kicking ass...it all of a sudden decided to burst in just the last month
haha...jk...i am not that vain...but sometimes you just get lucky... |
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| LazFX |
| I am still hanging in there........ going to sit on what I have lined up and go for the ride... did some moving around and lets see if I can catch up |
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| Capitalizt |
DOW at record highs and dollar hitting record lows..
coincidence? nah. :)
The truth is that the DOW has basically been holding it's value over the past decade. It's purchasing power of the dollar that has gone to crap, making everything...food, drugs, insurance, energy, housing, and yep..even stocks...rise in price.
value of the DOW (3 years)
and the US Dollar Index (3 years).
How bout a 10 year chart?
DOW..
vs
Dollar..
Compare this to the price of GOLD...the universal currency that people flock to when they lose faith in the printing press..
High stock prices are not an indication of true prosperity these days. They are only an indication of rapidly declining PURCHASING POWER of the little paper rectangles we call "money". |
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| Omega_M |
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