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in reply to: New Year New Portfolio #15807
I do the same for my own personal portfolio. I set $1000 as my number and put a buy limit order in for the amount of shares I can buy at the price listed. Then I immediately after purchase set my my sell limit at 50% of that price and sell 50% at double the price. Once a week usually Saturday I look and check the high since I bought and readjust my sell down limit. Pretty easy to keep track regardless of the amount of individual stocks held. My only change to this is if the stock has a dividend I might buy more.
in reply to: SMDM Singing Machine #15789I’ve been a Bowser person for a lot of years. Made some good money. Just started a new account that I will give to one of my younger relatives.im going to use the plan exactly as written by Max years ago. I bought 200 of January and February picks. My method? On Friday after I get the newsletter I immediately put in a bid for 200 shares of the SOTM at the price listed on the listing page. I pay no more and no less. And with the brokerage commissions at $0 it makes it easier to buy only 200 shares when the stock is under $1.00.
in reply to: SMDM Singing Machine #15790I’ve been a Bowser person for a lot of years. Made some good money. Just started a new account that I will give to one of my younger relatives.im going to use the plan exactly as written by Max years ago. I bought 200 of January and February picks. My method? On Friday after I get the newsletter I immediately put in a bid for 200 shares of the SOTM at the price listed on the listing page. I pay no more and no less. And with the brokerage commissions at $0 it makes it easier to buy only 200 shares when the stock is under $1.00.
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