A Few Good Ideas Can Make All the Difference

Jordan Kimmel |

Jordan Kimmel EquitiesWhat to buy is the key for investors, when to buy is the key for traders. Combining both is the key to profitably using The Magnet Stock Selection Process.

For over 20 years I have been developing and harnessing magnet. I use the word harness because investing in the smaller stocks Magnet identifies can be a wild ride. Because they trade thinner there are more volatile. The volatility provides both opportunity and sometimes indigestion!

Using technical analysis and the tier system I try to use an updated buy/watch list, set alerts, and then use patience and discipline, along with money management, to try to generate outsized profits and cash flow.

A long time ago, Jesse Livermore- one of the most notorious traders ever, said a randomly generated selected portfolio can generate profits if it is handled properly. The right stocks, at the right entry points should be a piece of cake then, right? I wish it was that easy…

The biggest key- control your emotions- keep your losses small- and remember- a few good ideas per year usually make the whole difference…

The fact is profitable investing and trading is hard work…- but I believe it is worth the time and effort to master the skills required.

*DISCLOSURE: Long IDT, CNTF, JVA, MCZ

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DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
GRO Agria Corporation American Depositary Shares n/a n/a n/a 0

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