My attempt - 10k to 500k - Using gappers

This is a trial. I've been finding a couple stocks each day that have a good reason to gap. Here is what happens when you start with 10k and make just 1% each day. I am keeping this very simple to start and rounding each month and going with 4 weeks per month.

10,000 starting balance.
1% each day total profit equals $500 per week for month 1. $600 per week for month 2 Etc.


10,000
12,000 End of month one
14,500 End of month two
17,400 Month 3
20,900 Month 4
25,000 Month 5
30,000 Month 6
36,000 Month 7
43,200 Month 8
51,800 Month 9
62,200 Month 10
75,000 Month 11
90,000 Month 12
108,000 M 13
130k M 14
156k M 15
Month 22 is approximatly when you would hit 500k

I know it would be hard to get good gappers once you get over 100k, but it's still not impossible.
Please do not post in this thread. I will try to add my gapper picks to it 20 minutes before close each day so others can keep track.

Also I do realize things will fluctuate. We may get 10% total in gaps one day and then -5% the next. The goal is to pick "for sure" gappers that can get us 1-4% and to stay away from gapper guesses or high risk gapper plays.

If you want to suggest a gapper play please PM it too me. I will NOT add a pick unless it has a GOOD reason to gap, preferably with a great PR or a late breaking PR. A late day volume spike(by itself) is a coin flip and will be ignored.

For bigger stocks we can add picks afterhours also, since afterhours trading is available. Not sure if I will add these to the gains due to not being able to easy prove what we bought in at.

Also list your pick on other gapper threads and I will see it.

Stock will be sold either right at market open or within 15 minutes depending on how risky the trade is. If it's Amex we will hold longer, pick sheet we are getting the crap out fast.

Buys will be calculated off of the closing price.

PXG was todays pick BTW closed at 4.08 with a late breaking 100 mil contract. And this is the pefect example of why this could work. Easy to buy shares. Could have bought 15k shares pretty easy. And hopefully we can have at least 2 picks per day.

PXG - 4.08 opened today at 4.45 not a bad start.

11% gain...


I hear what you are saying but this idea is in addition to regular trading techniques. And it's for fun.

I'm open to all ideas. I do not have it all figured out. The criteria may be hard to explain because I trade so much off of experience.

But it will mainly be off of a good or great PR. They usually gap the next day after the news hits the later tv shows the evening off.

Mookie - I try to get in half mid day and half at the very EOD depending on wether it appears it will be an EOD rally or EOD drop(daytraders exiting)
For the experiment I just go with closing price and opening price because it's easy LOL.

Like PXG I got in at 3.85 (1500 shares) and sold at 4.29.... but I was basically playing the gap. I did not get $10k worth so I should adjust the % gain. But this is all theory so far. I will post how many shares if people want but some think thats personal info.

Thats what I did yesterday. I said 4.29 is enough and it was all sold AH's. Good enough for me.

But yes that is a good idea.

Now I need to find gapper candidates for tomorrow. Anything out there today?

First I was hoping it would be a group effort finding "gappers"
My money is not in a seperate account but I will try to list each days gains/losses.
So far it's easy.

PXG in at 3.85 out at 4.29 for an 11% gain on 1500 shares.
$600 profit after comissions.

I have no gapper picks for tomorrow yet. Nothing good enough. Hoping for a late day PR.

It depends on the chart, volume, how good the PR was Etc.





NUCO at $27 is my gapper play for tomorrow.

It was 26.90 when I called it but I'm too chicken to buy it. LOL
I will tell you when I buy the exact amount paid and # of shares.