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bigmike said: "Cryo, I have followed some of your trades the past week and saw that they have done fairly well compared to the market and would like to know your technique of finding and picking stocks/companies to invest in in as much detail as possible."
lil dickie said: "I believe he does the "blindfolded throw a dart" technique. :jump:"
thezster said: "[QUOTE=bigmike]Cryo, I have followed some of your trades the past week and saw that they have done fairly well compared to the market and would like to know your technique of finding and picking stocks/companies to invest in in as much detail as possible.[/QUOTE]
ROFLOL..... :th_thumbsdownsmiley"
bigmike said: "That was not what I was asking Z. I didn't want to invest in any of his picks but don't want to criticize him on his stock picking unless I know what he is doing because maybe I can learn something from his ways that I can incorporate into my trading strategy."
thezster said: "[QUOTE=bigmike]That was not what I was asking Z. I didn't want to invest in any of his picks but don't want to criticize him on his stock picking unless I know what he is doing because maybe I can learn something from his ways that I can incorporate into my trading strategy.[/QUOTE]
I'm sorry... I was laughing at the concept of him providing detailed analysis of his methodology...."
bigmike said: "oh, okay. I just feel that you can never learn enough from people and new techniques even if they don't work for you at least you know them."
AlfredSokol said: "Apparently he's been way too busy earning millions to respond to this thread."
newinvestor123 said: "He's said in the past that he uses Jesse Livermore's techniques."
lil dickie said: "[QUOTE=newinvestor123]He's said in the past that he uses Jesse Livermore's techniques.[/QUOTE]
He learned his techniques from the 1920s? Figures."
Paq13 said: "honestly, the only technique i've found in pennies is a simple one: follow the money. if it's going up, buy/sell quickly, if it's going down, get out and run.
huge difference from the bigboards in that big drops are 'buying opportunities'. in pennyworld, big drops are just ways of throwing out money. yeah, they will bounce and you can make a pretty penny if your timing is right, but generally, a huge fall will be followed by another..and another..and another..and another. heck, a huge rise will be followed by a huge fall."
thezster said: "very similar to the way the cards fall on the Blackjack table... but without the benefit of free drinks while you continue to bet on the fall of the cards....."