For some reason... as I lay there in bed thinking about the day of trading as I tend to do... I was thinking about the range and liquidity on Ford and it made me remember a trading strategy I had come up with several months ago. The strategy, I was sure, was golden. But I basically only gave it a test over the course of one or two days, and most assuredly, it was on the wrong stocks to try it on. I'm not going to say the strategy out here, because quite frankly, it really is golden if you do it on the right stocks. And it won't work if everyone starts doing it. So... if it works for me, don't expect me to ever say how I'm making money.
The thing is, I need to be able to use more of my buying power. After these past few days, I am restricted now to a cap of 900 shares on any given stock at any given time. I need to be able to trade higher volumes.
This sounds like a complete doubling-back on what I have written on here in the past couple days... and in some sense I guess it is. But looking back on things... I am an absolute idiot for not having re-tried this sooner on more appropriate companies. Provided I can either get permission from my boss to occasionally go over my share limit or get back to my previous levels (which isn't really very far out of my reach at all) then I will embark on that immediately. Assuming I do not get special permission, then I will simply play very very conservatively... just getting a NET of what I absolutely need to go up a level and get more shares - and also attempt the strategy on a thinner scale.
