Stock Trader looking for an Investor

**TurfToe** · 07-04-2010 12:29 AM

I know alot about trading and I have experience in the stock market. I use a variety of charts and technical analysis to help me determine the direction of the market. The system I use limits my risks and allows me to gather information on stocks that are ready to buy/short. My average returns are 15% a month. I have had gains of 180% in just a few months. I would like to have some extra capital to trade with to make greater gains. Im willing to split just the profits from the investor. So if you dont profit I dont make a dime. If any investors are interested and/or would like more information please contact me.

**kickin it with karl** · 07-04-2010 04:33 AM

hmmm... 15% per month, sounds too good to be true

**TurfToe** · 07-04-2010 08:15 AM

If would be will to paper trade to prove that it can be done.

**Mega B** · 07-04-2010 08:24 AM

So who do you trade with ??? i am not interested in investing with anyone else as i trade myself with CMC markets in London and have used them for many years.

**TurfToe** · 07-04-2010 08:45 AM

I currently trade with TD ameritrade. Service is great but I dont realy care for their trading platforms.

**TurfToe** · 07-06-2010 06:29 PM

A little more information on what I can do and what im looking for:

I'm looking for someone who can supply the capital for stock trading. The capital can stay in your account. All you would have to do is open an online brokerage account if you don't have one already and I can sign a power of attorney agreement. This would give me access to trade from your account but I will not be able to make deposits or withdrawals. The only thing I ask is that my commission fee be paid within 5 days after closing each position. My commission fee will only be applied to our profits. I'm asking for a 50/50 split on the profits minus taxes, trade cost, etc. So if you don't profit then I wont make a dime. Or we could set it up under my account and I could pay you your half every time I close a position. If we did it this way I would prefer that we sign an agreement for both our protection. Either way it doesn't matter to me.

Ive been trading for 3 years and have gained much knowledge of the market and know how it works. I just don't have the capital needed to make greater gains. I don't have alot of contacts and I don't come from a wealthy family but I'm very good at trading. That's why I'm looking for an investor. I use alot of charts and technical analysis when I trade. I don't trade on fundamentals because they tell you why you should buy/short but not the most important thing which is when you should buy/short. I have a system that I use that helps me to determine the best entry points of the stocks that I'm looking at for the day, week, or month. I also always look to see what the market is going to do first before I even thing about entering any position. I also know were the buyers and seller are of each stock. So before I even make that trade I will be able to tell you were I'm looking to enter and what price Ill be looking to get out. I follow institutional money(the big boys). This is what moves a stock up or down. I get in when they get in and get out when they do. To maximize my profits, I let the market come to me and wait for the set up. That way the probability of that stock moving the direction that I think It will go is very high. On average I can pull 15% profit per month. Some months will be much greater then that. The market corrects itself about 3 to 4 times a year. This is when you get a big sell off like we did last week. This is were I make most of my money. I look for relative strength in stocks during this period and buy them if they are ready to buy. This is the time were panic sets in and everyone is scared. Perfect time to buy, when nobody else wants it. Then to be blunt, I sell the stock later to some smuck who is willing to buy it at a much higher price. Alot of times I will catch shorts covering their position during these periods which makes the stock price drive hard to the upside.

I also am very good at minimizing my risk in every position. I know how much I'm willing to lose before I make the trade. I go in with minimum shares to start. Usually 25 to 50 shares. Then I wait for confirmation. Once the stock starts going my way I can add on as many shares as I want. I always use stops on every trade. So if some reason the stock goes the other direction I'm quickly out of the position. My charts tell me were I should look to take profits. So during the profit stage I will take most if not all my profits at that time. If the stock continues to look good then I may keep on some shares and add on more. The best investors in the world lose on 3 out of 5 stocks they trade but they continue to be very successful. Why? Because they know how to limit their risk. The other 2 stocks that do well will quickly take out any losses from the other 3 and then some.

I don't trade penny stocks, just stocks that are $5 or more. This is because institutions wont touch stocks under that price. Also I trade alot of S&P500 stocks because each stock has just one specialist(the person who sets the stock price). Other exchanges can have as much as 7 per stock. Its easier to get to know 1 specialist price patterns then it is with multiple ones. I often trade the same stocks over and over. I'm always putting together groups of stocks on a daily bases to weed out the good from the bad ones. Commodities stocks will do really well in this market too because of the week dollar.

Doesn't matter what anyone says on cnbc or anywhere else. Financial stocks always drive the market up or down. If the financials are selling off, you can believe the overall market will soon follow. Also the market cant go back up without the financials going up. So almost every time the market sells off hard, I will buy a few financials stocks if the set up is there. I also want the market behind every stock I'm in because a stock by itself can only go up 1/3 on its own if the market is not behind it. That's why I always look to see what the market is going to do first before I do anything else.