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mhiggins1's Public Page
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February 13, 2012
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top ranked funds managed by mhiggins1 |
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manager profile
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| ABOUT
mhiggins1 |
| Age:
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35 |
Occupation:
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Network Administrator |
| Other
Interests : |
Technology, Baseball |
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| HOW
THE MANAGER INVESTS |
| WHAT
IS YOUR INVESTING STRATEGY? (GROWTH, VALUE, TECHNICAL ANALYSIS, ETC.) |
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answer --> |
Buy Low, Sell High. Invest in companies that I am familiar with. Look for companies with excellent prospects for growth in the near term, using forward projected analysis of a 6-9 months.
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| HOW
DO YOU SELECT NEW COMPANIES FOR YOUR FUNDS? |
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answer --> |
I like to stalk the stocks that have been beaten up, and wait for positive signs that the stock is ready to make a sustained move upward. A simple rule of the stock market is that stock prices only go up if there is a demand for that stock. So I look for the price momentum to move to the upside, and then look for solid reasons to expect that momentum to continue.
There are a lot of great companies out there whose stock does nothing, because there is just no demand for the stock. Generally speaking, if the market is not getting excited about the stock then the price is not going to move quickly. Beyond momentum I look at earnings. Very rarely will I look at a stock that is posting negative earnings. I prefer companies that have at least some earnings, and
companies that have a strong near term outlook to grow those earnings. After earnings I try to examine market demand for a companies products, and overall economic activity as it may affect that company.
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| HOW
DO YOU DECIDE TO REMOVE A STOCK FROM YOUR FUNDS? |
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If I take a position in a stock too soon, and the market has not really caught the buzz yet, I will usually back out of it quickly.
If my opinion of a stocks longterm prospects changes, or if the market goes negative on a stock. While I try to hold my stocks as long as possible, when prospects for a company weaken it is time to back out. I can always get back in on the stock at a later date and maybe a lower price.
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about this manager profile |
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This is a profile for
mhiggins1, a member at Marketocracy's website www.marketocracy.com. Each of the funds listed here began with $1 million in cash and a Net Asset Value (NAV) of $10 per share.
Marketocracy is the only financial website where you can simulate running your own mutual fund and accurately compare your investing skill to professionally managed mutual funds and other investors. At Marketocracy, you can manage a $1 million virtual portfolio and make trades in an environment that mirrors the trading activity of the real stock market. Our portfolio management tools help you discover your investing strengths and weaknesses and help you become a better investor. You can try different investment strategies and styles to see what works best for you in a virtual environment first, before you invest your real money. It's a great place to learn, and a great place to prove your talent.
If your track record turns out to be one of the best, you?ll receive special privileges on our website and the best of the best get paid. If you're serious about investing or want to become a better investor, you'll want to signup for a free basic membership and start running your own fund. |
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[ To signup for your own account click here ]
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Who is Marketocracy?
Marketocracy Data Services is a research company whose mission is to find the best investors in the world and then track, analyze, and evaluate their trading activity. The company?s affiliate, Marketocracy Capital Management, is the investment advisor for the Marketocracy family of mutual funds and uses the research generated by Marketocracy Data Services.
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