Back in Action!
One slow day does not a trend make!
At least, that’s the way my Dad would have proclaimed it. It’s almost like Yoda-speak, but more English-ey.
The bulls are getting ready for more action…
BTW, for a rotating 5% gain…
… if you’d had $1,000 in each of the STOCKS that we sold today, you’d have profited with at least $200 which, at 3x margin, could help you buy up to $600 in additional stocks!
If you’d had $1,000 in each of the BUYS within those stock positions that we sold today, you’d have profited with at least $350 which, at 3x margin, could help you buy up to $1,050 in additional stocks!
Personal Stats Update
You may (and should) find your numbers are better than this as my calculations include pre-Feb 2024 phases of experimentation that SubStack readers haven’t participated in.
AVG TRADE DAY GAIN ON SELLS vs AVG TRADE DAY BALANCE
0.54 %
PROJECTED AVG ANNUAL COMPOUNDED RETURN
288.92 %
AVG RETURN PER SELL
7.31 % EVERY
11.6 DAYS
POSITIONS IN PLAY
57
4 sells on Thursday, 30may2024 (including previously unreported sells)
2 sells made 5% wins within 2 days of purchase!
Today, my average return per sell was 6.37%.
I currently average 3.7 sells per trading day on my personal positions. There are about 252 trading days per year.
--------------------
13 / 4 (30.77%) / 1 (25.00%) {ssd} / 3
From 13 potential buys we had 4 bids fill. 1 of the buys sold-same-day {ssd} with a minimum 5% gain and 3 older positions sold!
Bought 30may2024: CHGG, GTBP, SYBX, XTIA
Sold before 31may2024: GTBP
3 older positions sold with at least 5% profit each:
- CLNE from buys on 15may2024, 16may2024, 17may2024 and22may2024.
- RGLS from a buy on 16may2024.
- WULF from a buy on 28may2024.
Remember that my 5% gain + expenses may be different than yours as I pay 1 cent per share commission (both ways) and I allow another penny for other account expenses + 1 cent more for rounding errors. Thus, a $1.00 buy will actually sell for:
($1.00 x 1.05) + $0.04 = $1.09
Freitag mit zehr gut bidz!! (Deutsch ist nein mein first language.)
31-May-24
APPS
1.94
BTE
3.55
FATE
3.53
GTBP
4.00
HPP
4.50
IRWD
6.13
LAC
3.38
NCL
0.29
TNON
0.75
XXII
1.08
Please review these ground rules regularly:
Remember, these BIDS are entered as STOP LIMIT – DAY
and ASKS are LIMIT – GTC.
For money management safety, never put more than 2% of your DAILY net equity balance into any one position. (Some exceptions apply in bold below). You should consider less than1% position sizes if your balance is more than 5 figures or if you want less risk. THIS IS TOTALLY YOUR DECISION.
You can bid on all stocks on the bid lists, even if you already own them, and PROVIDING the potential negative effects of your broker’s commission structure makes it logical and profitable for you to do so.
I don’t use stops. They drive me crazy and have cost me more money than I care to discuss. That said, it’s important to realize that this is a very contrarian view compared to most of the industry. I average down in a strictly controlled method as noted in the bolded bid update above.
On average, 60.8% of my buys sell in less than a week, and 39.2% sell in more than 7 calendar days. You may (and should) find your numbers are better than this as my calculations include pre-2024 phases of experimentation that SubStack readers haven’t participated in.
Enjoy!
Brian
BUY/SELL HISTORY ……. {ssd} = stock was bought and sold same day at a 5% gain
Bought 30may2024: CHGG, GTBP, SYBX, XTIA
Sold before 31may2024: GTBP
Bought 29may2024: ATCH, ENSC
Sold before 30may2024: nil
Bought 28may2024: ASTR, LGHL, NMHI, SSP, WULF
Sold before 31may2024: WULF
Bought 24may2024: NVFY, SYBX
Sold before 28may2024: nil
Bought 23may2024: BIG, FATE, GREE, IPA, JDST, MGNX, RVNC, RVYL, SSP, WRAP, XTIA
Sold before 24may2024: nil
Bought 22may2024: CLNE, HBI, IRWD, LAB, PACB, PRSO, WRAP, ZYME
Sold before 31may2024: CLNE
Bought 21may2024: FATE, HIVE, IPA, MGNX, MVIS, REVB, TWOU
Sold before 23may2024: MGNX
Bought 17may2024: BTAI, CLNE, LDTC, TWOU, ZYME
Sold before 31may2024: CLNE, LDTC
Bought 16may2024: APPS, BLDP, CLNE, DDD, ESPR, FATE, LAB, LAC, LXRX, OIS, ORGO, PACB, PRSO, REVB, RGLS, SAVE, TNON, XAIR
Sold before 31may2024: CLNE, ESPR {ssd}, LAB, RGLS, XAIR {ssd}
Bought 15may2024: APLD, AXTI, BLDP, CLNE, COMM, DDD, DHC, FATE, IPA, PACB, REVB, RVYL, SURG, TBLA
Sold before 31may2024: APLD, CLNE, COMM
Bought 14may2024: APLD, COMM, ESPR, FATE, PRSO, RVYL, SSP, TBLA, TTI
Sold before 21may2024: APLD {ssd}, COMM, ESPR,
Bought 13may2024: DDD, DHC, FATE, HKD, LDTC, LXRX, PCSA, PLUG, SURG, SSP
Sold before 14may2024: FATE {ssd}, LDTC, LXRX, PLUG {ssd}, SSP {ssd}
Bought 10may2024: BIG, BLDP, BPTH, BTAI, CHRS, COMM, DHC, LXRX, PACB, PLUG, SIRI, SPWR, SURG, TTI
Sold before 21may2024: BIG, COMM, LXRX, PACB {SSD}, PLUG
Bought 09may2024: AMTX, APLD, BLDP, ESPR, HIVE, LDTC, MNKD, OIS, SPWR, TWOU
Sold before 21may2024: APLD, BLDP, ESPR, HIVE, LDTC, MNKD, SPWR
Bought 08may2024: AMC, BTAI, DDD, FCEL, IRWD, RVYL, SLRN, WW
Sold before 14may2024: AMC, DDD, SLRN {ssd}, WW
Bought 07may2024: APPS, DDD, FATE, JDST, LAZR, PLUG, SLRN, SURG, WW
Sold before 14may2024: APPS, DDD, FATE, PLUG, SLRN {ssd}, LAZR, WW
Bought 06may2024: ABAT, APLD, ATGL, BPTH, ESPR, FATE, GREE, PCSA, RVNC, SLRN, UK
Sold before 14may2024: APLD, ATGL, BPTH, ESPR, FATE, PCSA {ssd}, RVNC, SLRN {ssd}, UK
Bought 03may2024: BIG, EGHT, HIVE, LXRX, SAVE, SIRI, ABAT, ASTR, ATGL, IRWD, RVYL, SURG, XAIR
Sold before 21may2024: ATGL, BIG, HIVE, LXRX {ssd}, SAVE, SURG
Bought 02may2024: FATE, OIS, RVNC, SPWR, VTNR, ORGO, REVB, TNON, ZYME
Sold before 13may2024: FATE, ORGO, RVNC, SPWR,
Bought 01may2024 & all SOLD before 14may2024: AVXL, BCRX {ssd}, CLNE, DHC, ESPR, PACB,
Bought 30apr2024 & all SOLD before 06may2024: APPS, AXTI, CLRB, LUNA, NVAX, RVNC
Bought 29apr2024 & all SOLD before 14may2024: AXTI, BLNK, LXRX, MNKD, PACB {ssd}, PRSO, PXLW, VNET {ssd}
Bought 26apr2024: IMTE, IPA, LDTC, RDFN, TUP,
Sold before 21may2024: IMTE {SSD}, LDTC, RDFN, TUP
Bought 25apr2024 & all SOLD before 24may2024: RMCO
Bought 24apr2024: RVYL, CCO, CHRS, CIM, CYH, JMIA, LAZR, NIO, SIRI
Sold before 29apr2024: CYH, NIO,
Bought 23apr2024: NMHI, CVAC, RAPT, EB, AMC, APLD, APPS, JDST, OPI, TIGR, XTIA
Sold before 03may2024: AMC, APLD {ssd}, APPS {ssd}, CVAC, EB, OPI, RAPT, TIGR
Bought 22apr2024: AMCX, IRWD, NMHI, TBLA, MOMO
Sold before 02may2024: AMCX, IRWD, TBLA, MOMO
Bought 19apr2024 & all SOLD before 30apr2024: LX, PACB {ssd}
Bought 18apr2024: ACET, ANY, BBLG, BZUN, CUTR, FUBO, FUFU, GREE, GTN, HOUS, ILAG, LCID, PTN, SSRM, TWKS
Sold before 30apr2024: ANY, BBLG {ssd}, BZUN, FUBO, GREE, GTN, HOUS, ILAG, LCID, SSRM, TWKS
Bought 17apr2024: ASTR, AUPH, BCRX, BTAI, HNRG, NAT, OMER, SDIG, XAIR
Sold before 30apr2024: ASTR, BTAI, HNRG, SDIG, XAIR
Bought 16apr2024: AEHL, ORGO, TTOO
Sold before 13may2024: AEHL, ORGO
Bought 15apr2024: BTAI, WW, XTIA
Sold before 16apr2024: XTIA {ssd}
Bought 12apr2024: BCRX, BTAI, OPI, ORGO
Sold before 13may2024: BTAI {ssd}, ORGO
Bought 11apr2024: ABAT, APYX, BQ, CUTR, CVAC, FCEL, FUBO, OPI, SYRA, TIGR, ZIM
Sold before 13may2024: APYX, BQ, CVAC, CUTR {ssd}, OPI {ssd}, SYRA, TIGR, ZIM
Bought 10apr2024: NMHI, SAVE, SURG, TTOO
Sold before 14may2024: SAVE, SURG, NMHI {ssd}
Bought 09apr2024 & all SOLD before 06may2024: EB, OMER, TIGR, WW {ssd}
Bought 08apr2024: AHT, CUTR, HNRG, LAZR, LPTX, PALT, TSE
Sold before 15apr2024: AHT, CUTR, HNRG, LPTX, PALT
Bought 05apr2024: APYX, IRBT, WRAP, TENX, CASI, UK
Sold before 13may2024: APYX, IRBT {ssd}, UK
Bought 04apr2024: AEHL, LDTC, NMHI, REVB, SQNS, SYRS, XAIR, ZYME
Sold before 21may2024: AEHL, LDTC, NMHI, SQNS {ssd}, SYRS
Bought 03apr2024: LUNA, MLGO, RVSN
Sold before 15apr2024: RVSN
Bought 02apr2024: APYX, CULP, ENSC, IMTE, TNON
Sold before 13may2024: APYX
Bought 01apr2024: AJX, BBLG, CUTR, IDAI, MSGM, NERV
Sold before 15apr2024: IDAI, CUTR, MSGM
Bought 28mar2024: AMPX, CMTL, CUTR, GFAI, GREE, GRYP, IPA, IRBT, IRWD, SDIG, RDFN, REBN, SYBX
Sold before 23apr2024: CUTR {ssd}, GFAI, GRYP, IRBT, SDIG {ssd}, SYBX, RDFN {ssd}, REBN {ssd}
Bought 27mar2024: IHRT, NMHI, SSRM, TTOO, WRAP, ZJYL
Sold before 15apr2024: IHRT {ssd}, SSRM, TTOO {ssd}, WRAP {ssd}, ZJYL
Bought 26mar2024: AMCX, CASI, DBGI, RVSN
Sold before 14may2024: AMCX, CASI, DBGI
Bought 25mar2024: BTCS, BQ, IMTE, MLGO, REKR, VERO, VRM
Sold before 30apr2024: BTCS {ssd}, BQ, IMTE, REKR, VERO, VRM {ssd}
Bought 22mar2024: BACK, CVAC, LUNR, MSGM
Sold before 06may2024: BACK {ssd}, CVAC, LUNR {ssd}
Bought 21mar2024: HROW, LCID, REBN, SURG, TNON, VIEW, ZIM, ZJYL
Sold before 15apr2024: HROW, LCID, REBN {ssd}, SURG, VIEW, ZIM, ZJYL {ssd}
Bought 20mar2024: ACHL, AEHL, ATGL, CONN, FUBO, FUFU, IMMX, PLCE, QS, RAPT, REKR, RMCO, STEM, TWOU, UIS, UK, YOSH
Sold before 03may2024: ACHL, AEHL, ATGL, CONN {ssd}, IMMX, QS, RAPT, REKR, RMCO, STEM, UIS, YOSH {ssd}
Bought 19mar2024: DBGI, EKSO, FET, OVID, SPRC, ZCAR
Sold before 15apr2024: DBGI, FET, OVID, SPRC {ssd}
Bought 18mar2024: APYX, CKPT, EFSH, FSLY, IVDA, NKLA, NOVA, OCG, ONDS, OPEN, OUST, PHAT, PRME, TTOO, UPLD, VOR
Sold before 13may2024: APYX, CKPT, EFSH, IVDA, NKLA, NOVA, ONDS, OPEN {ssd}, OUST, PHAT, UPLD, VOR
Bought 15mar2024: AMRX, BIOR, BTDR, CLEU, GREE, HEPA, LGHL
Sold before 15apr2024: AMRX, BIOR, BTDR {ssd}, CLEU, GREE, HEPA,
Bought 14mar2024: AKA, KITT, LPSN
Sold before 15apr2024: AKA {ssd}, KITT {ssd}
Bought 13mar2024: AAN, ASLE, AUR, CEPU, HKD, IDAI, RDI, RIOT
Sold before 15apr2024: AAN, ASLE, AUR, CEPU, IDAI {ssd}, RIOT,
Bought 12mar2024: ACU, ASTR, BTOG, EBIXQ, GENK, JOAN, UP, TOI, ZCMD
Sold before 15apr2024: ACU, ASTR, BTOG, EBIXQ, GENK, JOAN (bankrupt 05mar2024), UP, TOI, ZCMD (could have played it twice)
Bought 11mar2024: AEI, AUTL, ATGL, DAVA, IRWD, SQNS, ZIM
Sold before 08may2024: AEI, AUTL, ATGL, DAVA, ZIM
Bought 08mar2024: BACK, BBLG, IRBT, LPTX, PCT, REVB, TBLA, TLRY, TWKS, WRAP, XAIR
Sold before 15apr2024: BACK, BBLG, IRBT, LPTX, PCT, TLRY, TWKS
Bought 07mar2024: AADI, AMPX, EKSO, LDTC, LPTV, RMCO, RVSN, VERI
Sold before 21may2024: AADI, AMPX, LDTC, RMCO, RVSN, VERI
Bought 06mar2024: CETY, DTCK, FCEL, HOLO, NERV, REKR
Sold before 15apr2024: CETY, DTCK, HOLO, NERV, REKR
Bought 05mar2024 & all SOLD before 16apr2024: AAN, ALRN, AUUD, CYA, MINM {ssd}, SNAL, SQNS, WAVD
Bought 04mar2024: ANTE, ATCH, BOF, FET, GFAI, IBRX, RENB, STI, VERO, YOSH
Sold before 19apr2024: ANTE {ssd}, BOF, FET, GFAI {ssd}, IBRX, RENB {ssd}, STI, VERO, YOSH
Bought 01mar2024: ALCE, AMBP, ATGL, BBLG, ILAG, LCID, LGHL, TWOU, UPXI
Sold before 08may2024: ALCE, AMBP, ATGL, BBLG {ssd}, ILAG, LCID, UPXI,
Bought 29feb2024: ACHR, AUUD, EGHT, PLUG, RIVN, RVSN, STGW, SXTC, SYBX, SYRA, TWKS, ZJYL
Sold before 08may2024: ACHR, AUUD {ssd}, EGHT, PLUG {ssd}, RIVN, RVSN {ssd}, STGW, SXTC, SYRA, TWKS, ZJYL
Bought 28feb2024: AMCX, ENSC, GATO, IMTE, JFBR, ONMD, PBYI, SDIG, SELX, SNTG, TLS
Sold before 14may2024: AMCX, GATO, IMTE, JFBR, ONMD, PBYI, SDIG, SELX, SNTG, TLS
Bought 27feb2024: ADIL, ANTE, BELFB, BREA, CANOQ, EBIXQ, GRYP, HGAS, IDAI, LBBB (NMHI), OIS, PCT, RIVN, SLRN, SYRA
Sold before 24may2024: ADIL, ANTE, BELFB, BREA, CANOQ {ssd}, EBIXQ, GRYP {ssd}, HGAS, IDAI, NMHI, OIS, PCT, RIVN, SYRA {ssd}
Bought 26feb2024 & all SOLD* before 03may2024: BFX (*bankrupt 05mar2024), BSGM {ssd}, CHSN, CONN, GRYP {ssd}, IDAI {ssd}, RAPT, SLRN {ssd}, TRUP, UIS, VRM {ssd}
Bought 23feb2024 & all SOLD before 08mar2024: ALCE {ssd}, EBIXQ {ssd}, EDAP, FSR, GLRE, PLCE, RVSN {ssd}, SSRM, VRM {ssd}, WAVD {ssd}
Bought 22feb2024 & all SOLD before 01apr2024: AUR, BE, DBGI, EFSH {ssd}, GFAI, GLRE, HLF {ssd}, NKLA, OZ {ssd}, PRME, SOUN, TDS
Bought 21feb2024 & all SOLD before 19apr2024: AEHL, ANAB {ssd}, ENVB {ssd}, KUKE, MTC
Bought 20feb2024 & all SOLD before 17may2024: BQ, CRDL {ssd}, GMBL, GRYP {ssd}, HLF {ssd}, MSGM, PXDT {ssd}
Disclaimer
The contents of this newsletter are believed to be reliable, but the accuracy or completeness of any information contained herein is not guaranteed and members of Baker’s Stock Trading Aids shall not in any way be liable for any delay in keeping such information current. Members of Baker’s Stock Trading Aids specifically disclaim all warranties, express or implied.
Although Baker’s Stock Trading Aids believes that the information provided on these pages is accurate, it provides no warranty with respect thereto. The information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Baker’s Stock Trading Aids does not provide investment advice, but a record of potential and actual trades by the author. The information in this newsletter is not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction.
Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Baker’s Stock Trading Aids does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives.