Go to Jeff Salisbury LWGate Home Page.From: "Mike Lucero" <m.lucero@verizon.net>
Subject: Re: [CANSLIM] paper trading
Date: Fri, 9 Aug 2002 12:56:06 -0700
Next Article (by Subject): Re: [CANSLIM] Stocks for a watchlist - Kris/Nancy l Gene Ricci
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_0006_01C23FA4.204D2BB0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Daily Graphs Online has quarterly EPS and then shows the change from the = previous year, and I just checked Quotes Plus, and it does, too. Mike - ----- Original Message -----=20 From: Sol Mayer=20 To: canslim@lists.xmission.com=20 Sent: Friday, August 09, 2002 6:26 AM Subject: Re: [CANSLIM] paper trading where can I find eps growth rates?=20 Mike Lucero wrote:=20 How many of the new people are paper trading? Using play money, try to = follow the rules for buying and selling. If you had been doing that for = a while you would probably see why it's not a good time to be buying = stocks. After your paper trading seems profitable, you could start with = real money, a small amount per position, and see what it feels like to = follow the system. It feels different with real money on the line, and = your feelings are what you have to overcome. How do you find buy candidates? Use a scanning program and find stocks = that have hit a 52 week high close. If you want to only buy = cup-with-handles, then evaluate the pattern. Check RS, EPS rank, EPS = growth. Pretend (paper-trading, remember) that you buy the next day at = the open, buying with 10% of your play money portfolio. Keep track of = your trades in a spreadsheet. If your loss in a stock hits 7%, = pretend-sell.=20 There's more to CANSLIM than finding the stocks. You have to put money = on the line, control greed and fear, and try to follow what the market = is telling you.=20 Mike - -------------------------------------------------------------------------= - ------- Do You Yahoo!? HotJobs, a Yahoo! service - Search Thousands of New Jobs - ------=_NextPart_000_0006_01C23FA4.204D2BB0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 5.50.4807.2300" name=3DGENERATOR></HEAD> <BODY bgColor=3D#ffffff> <DIV>Daily Graphs Online has quarterly EPS and then shows the change = from the=20 previous year, and I just checked Quotes Plus, and it does, too.</DIV> <DIV> </DIV> <DIV>Mike</DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3Dsmaye1211@yahoo.com href=3D"mailto:smaye1211@yahoo.com">Sol = Mayer</A> </DIV> <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV><B>Sent:</B> Friday, August 09, 2002 6:26 AM</DIV> <DIV><B>Subject:</B> Re: [CANSLIM] paper trading</DIV></DIV> <DIV><BR></DIV> <P>where can I find eps growth rates?=20 <P> <B><I>Mike Lucero <M.LUCERO@VERIZON.NET></I></B>wrote:=20 <BLOCKQUOTE=20 style=3D"PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px = solid"> <META content=3D"MSHTML 5.50.4807.2300" name=3DGENERATOR> <STYLE></STYLE> <DIV>How many of the new people are paper trading? Using play = money, try=20 to follow the rules for buying and selling. If you had been doing that = for a=20 while you would probably see why it's not a good time to be buying = stocks.=20 After your paper trading seems profitable, you could start with real = money, a=20 small amount per position, and see what it feels like to follow the = system. It=20 feels different with real money on the line, and your feelings are = what you=20 have to overcome.</DIV> <DIV> </DIV> <DIV>How do you find buy candidates? Use a scanning program and find = stocks=20 that have hit a 52 week high close. If you want to only buy = cup-with-handles,=20 then evaluate the pattern. Check RS, EPS rank, EPS growth. Pretend=20 (paper-trading, remember) that you buy the next day at the open, = buying with=20 10% of your play money portfolio. Keep track of your trades in a = spreadsheet.=20 If your loss in a stock hits 7%, pretend-sell. </DIV> <DIV> </DIV> <DIV>There's more to CANSLIM than finding the stocks. You have to put = money on=20 the line, control greed and fear, and try to follow what the market is = telling=20 you. </DIV> <DIV> </DIV> <DIV>Mike</DIV></BLOCKQUOTE> <P><BR> <HR SIZE=3D1> <B>Do You Yahoo!?</B><BR><A=20 href=3D"http://rd.yahoo.com/careers/mailsig/new/*http://www.hotjobs.com">= HotJobs,=20 a Yahoo! service</A> - Search Thousands of New Jobs</BODY></HTML> - ------=_NextPart_000_0006_01C23FA4.204D2BB0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Subject): Re: [CANSLIM] Stocks for a watchlist - Kris/Nancy l Gene Ricci
Articles sorted by: [Date]
[Author]
[Subject]