Short Term Trading Weekend Lounge: 29 Apr to 1 MAy, page-63

  1. 1,913 Posts.
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    My trading strategy

    1) Find compelling new tech story
    2) Buy as much as I can as early as possible
    3) Once it doubles in value, sell half
    4) Free carry
    5) Hope it goes onto to multi-bag
    6) Find another compelling new tech story...

    Compelling =
    - must be in first stages of commercialisation
    - must have impressive management
    - must be a decent share structure
    - must have an understandable / exciting business model
    - examples include: BUD / XPE / PSF / SRT / PML
    - I bought XTVO at 0.5 cents after the AT&T ann - and sold half at 1.6 cents - so already free carried
 
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