Earn Huge Profits Using A Simple Day Trading Method
Zeev used to say all his positions started out as day trades. After a stock had made a $1.00 move, he harvested ita daily bucker he dubbed it. It was not unusual for Zeev to take a fast $1.00 only to see the stock make another two dollarsor more later in the day. In fact, he once claimed hed left a fortune on the table over the years. But he was philosophical about it, saying simply, Cest la vie.
Zeev preferred the Nasdaq for its incomparable volatility. He selected stocks by using filters like Fidelitys stock evaluator. He entered 1. No debt, or debt less than 10% of market cap, because he said a little debt can increase the ROE; 2. High ROE (maybe over 15% anyway); 3. Possibly he also entered something for 12-month return, (40%?). He didnt care about a stocks PE unless it was absurdly high. He claimed to favor companies with strong balance sheets. That way, if one of his stocks imploded, he simply put it on the back burner and harvested it 6 months later.
Along these same lines, Zeev had compiled for himself a basket of shares that represent the different sectors of the economy he is most familiar with. He also liked dealing with companies that had some proprietary technology.
He (usually) only played the markets long. Rarely on the dark side, as he called it. But even on the dark side, Zeev was a wealth of knowledge, insisting, Never short a snorter. At the very least, look for stocks whose 14-DMA has already turned down.
Zeev favorite expression was, Plan the play; play the plan. Before he sat down to trade, he knew the rough entry and exit points for all of the issues that he would play that day. He picked his entry and exit points by using a keen eyeball.
[BTW. You and I could not possibly keep up with Zeev. He had a Ph.D. in Static Physics, an IQ that was off the charts and he only slept a couple of hours a night. Typically, after his wife had gone to bed, he began his research. ]
Paramount in Zeevs planning was keeping losses small. Typically, he took a .20 to .30 loss and moved on, unless of course, he really liked the stock. Conversely, once in a while I saw him let positions go for a loss of 9.50 ($9500).
Very often, if the stock kept going south, he would establish a second and third 1000-share position. One of the things that he constantly stresses was the idea of getting a discount. He always had Outrageous Bids on GTC orders well below the market and, almost like clockwork, these bids get filled and he was in an excellent position to make a double-bucker or a triple-bucker. [I made my first true double bucker on JCOM using Zeevs method. Fantastic feeling!
[I have also been hurt pretty badly when a surprise earnings report managed to cut a stock in half before the opening. It happens to all traders. Trust me.]
Zeev took the attitude that all stocks were simply trading vehicles. A very typical statement from him would be, Im a gold bull up to 430, then Im a bear. He is wed to no issues or metals at all.
Another important consideration for Zeev was money management the level of cash that he maintained. When the options writers were nervous and the VIX was raising red flags, he liked to go home with 60% cash, but when times were good and the VIX was low, he didnt mind going into a weekend with only 15% cash. He followed the EPC on the CBOE, the VIX, the VIXN and Les Horowitz market sector breadth information religiously.
Before You Leave . . .
Take Action Now, Make It Happen Today.........
If you are an entrepreneur or a blogger or you just have a passion you want to share with others, be sure to click on one of the banners on this site and watch the video to see why I chose Empower Network as my preferred CASH MAKING platform. Its great to earn extra income online as well as get your posts ranked near the top of Google!
Think about it. How did you find this post? It wasnt by accident
http://www.empowernetwork.com/almostasecret.php?id=joemarshalldallas
Check out Empower Network and get your own high ranking site today!! Click Link Below
http://www.empowernetwork.com/almostasecret.php?id=joemarshalldallas
Our goal is to spread the message of Financial Freedom, Entrepreneurism, and Hope.
Well see you on the Winning Side.
Zeev preferred the Nasdaq for its incomparable volatility. He selected stocks by using filters like Fidelitys stock evaluator. He entered 1. No debt, or debt less than 10% of market cap, because he said a little debt can increase the ROE; 2. High ROE (maybe over 15% anyway); 3. Possibly he also entered something for 12-month return, (40%?). He didnt care about a stocks PE unless it was absurdly high. He claimed to favor companies with strong balance sheets. That way, if one of his stocks imploded, he simply put it on the back burner and harvested it 6 months later.
Along these same lines, Zeev had compiled for himself a basket of shares that represent the different sectors of the economy he is most familiar with. He also liked dealing with companies that had some proprietary technology.
He (usually) only played the markets long. Rarely on the dark side, as he called it. But even on the dark side, Zeev was a wealth of knowledge, insisting, Never short a snorter. At the very least, look for stocks whose 14-DMA has already turned down.
Zeev favorite expression was, Plan the play; play the plan. Before he sat down to trade, he knew the rough entry and exit points for all of the issues that he would play that day. He picked his entry and exit points by using a keen eyeball.
[BTW. You and I could not possibly keep up with Zeev. He had a Ph.D. in Static Physics, an IQ that was off the charts and he only slept a couple of hours a night. Typically, after his wife had gone to bed, he began his research. ]
Paramount in Zeevs planning was keeping losses small. Typically, he took a .20 to .30 loss and moved on, unless of course, he really liked the stock. Conversely, once in a while I saw him let positions go for a loss of 9.50 ($9500).
Very often, if the stock kept going south, he would establish a second and third 1000-share position. One of the things that he constantly stresses was the idea of getting a discount. He always had Outrageous Bids on GTC orders well below the market and, almost like clockwork, these bids get filled and he was in an excellent position to make a double-bucker or a triple-bucker. [I made my first true double bucker on JCOM using Zeevs method. Fantastic feeling!
[I have also been hurt pretty badly when a surprise earnings report managed to cut a stock in half before the opening. It happens to all traders. Trust me.]
Zeev took the attitude that all stocks were simply trading vehicles. A very typical statement from him would be, Im a gold bull up to 430, then Im a bear. He is wed to no issues or metals at all.
Another important consideration for Zeev was money management the level of cash that he maintained. When the options writers were nervous and the VIX was raising red flags, he liked to go home with 60% cash, but when times were good and the VIX was low, he didnt mind going into a weekend with only 15% cash. He followed the EPC on the CBOE, the VIX, the VIXN and Les Horowitz market sector breadth information religiously.
Before You Leave . . .
Take Action Now, Make It Happen Today.........
If you are an entrepreneur or a blogger or you just have a passion you want to share with others, be sure to click on one of the banners on this site and watch the video to see why I chose Empower Network as my preferred CASH MAKING platform. Its great to earn extra income online as well as get your posts ranked near the top of Google!
Think about it. How did you find this post? It wasnt by accident
http://www.empowernetwork.com/almostasecret.php?id=joemarshalldallas
Check out Empower Network and get your own high ranking site today!! Click Link Below
http://www.empowernetwork.com/almostasecret.php?id=joemarshalldallas
Our goal is to spread the message of Financial Freedom, Entrepreneurism, and Hope.
Well see you on the Winning Side.
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