Thursday, January 31, 2013
Thursday, January 17, 2013
I decided to get back in the Stock Market. I guess I never left, but I haven't been very active, like I used to be. I took my Christmas break time off and decided to start looking at picking stocks again. I have followed RealMoney.com for years and always like Rev. Shark commentary, but never acted on any of his stock pics.
I would describe James "Rev Shark" Deporre as a momentum trader. He goes with the flow, long or short. This style of trading requires constant attention on your stocks and you need to be willing to do allot of flipping. He breaks all the traditional rules of buy and hold. He believes that as a small investor, our best edge is that we can be nibble and and get in and out of Stocks very quickly. He does not mind selling and sees selling as our edge over the big institutional investors.
He has a paid service that you could sign up for where he gives more stock picking advice. It is free for 30 days, so I decided to sign up during my vacation and if I made money I would pay the $80/month service.
Well, one month later and I and up over $9000! Needless to say, his picks have worked out great!
Below is all my closed trades to date! I haven't closed a losing trade yet!
Below is an interview with Rev. Shark, where get goes over some of his ideologies.