Another reason Bradsnuts has been slacking on the picks
July 30th, 2009
Since I joined ColmsUm.com at the beginning of July, I began trading Bradsnuts portfolio for him after I felt a little bad since he was having mixed results following my recommendations. This is a straight screenshot of his account (with account info deleted). This is what I can teach all of you to do and am really looking forward to getting feedback once I am able to lay out my trading style and money management techniques for the small investor, which I continue to work on.
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Wow! That is pretty impressive. So if he was trading the same stocks or your recommendations, what makes that huge difference in performance? Don’t see many recommendations in your past posts? Do you plan on posting more?
The stock picks are important, but developing a style, money management system, ability to define risk vs. reward, etc. is what makes the big difference. As well as intraday guides and tips that will help you maximize your profits. I have been trying to get a PDF file together explaining my style, but the more I work on it the bigger project it becomes.
Yes, I have been a bit timid to make too many picks b/c for one, the market has been very over bought recently and also I don’t feel comfortable making picks without people understanding my style. I have tried to just post picks that were absolutely positively winners w/ off the chart risk/reward. It is near impossible to pick this day to day, I am able to fine a couple more intraday, which I have been trading in Bradsnuts portfolio, just to show what is possible if you can develop the discipline of almost monk-like trading.
Sick stuff MR Jax
Looking forward for your project and trading like a Jax
Keep the posts coming Jax, it’s been great following the progress.
I’m slacking? How dare you!
just came across your blog. amazing stuff!