David Ristau is the founder and head writer for the Oxen Group, a wildly successful web site dedicated to Trade Ideas and Education that was founded in 2008. After growing the site to over 2,500 members in 2009, David merged the Oxen Group with Phil’s Stock World in August of 2009. David studied Philosophy, Economics, and International Relations at Lake Forest College and is a disciple of Warren Buffett’s theories of value investing – it’s just the holding times they tend to disagree on!
Currently, David’s favorite stock to hold is Solarfun Power Holdings (SOLF).
Oxen picks are based on a system worked out by David and his group over years of trial (and many errors) before they were ready to commit their practices to a member-supported service. Our investment style is a mixture of fundamental value short term trading based fundamental indicators, accompanying technical and entry/exit analysis and fundamental, speculation long term trades. In 2009, on the Oxen group site, we had a 60% return on 90 published day trades {whatever the actual numbers are) with 78 winners and just 12 misses.
Our philosophy with the Oxen Picks is to make a series of small-capital rapid turnover investments looking to build a consistent series of 2-5% wins rather than swinging for the fences. We are more of singles hitters than home run sluggers but keeping to realistic amounts of capital at risk and using our Virtual Portfolio Rotation System(tm) to allow even small accounts to allow for cash settlements while still being able to move on to the next opportunity allows us to keep swinging away and our very high "batting average" not only keeps us in the game, but keeps us WINNING the game, day after day as we build our accounts.
Since coming over to Philstockworld, where there are many traders who pay our entire virtual portfolio in commissions on a single trade, we’ve added the Oxen Gamble of the Day, which is our new high-risk, overnight trade that we send out via the PSW Alert system at about 3 PM each day. These are very exciting trades that are generally event-driven trades and much higher risk than our bread and butter trades but it’s a nice change of pace and also allows us to get into some good fundamental discussions over the logic of each trade as they work (or don’t) the next morning.
If you are interested in learning how to manage your virtual portfolio, how to day trade even with small accounts or if you are a larger investor looking to allocate a portion of your virtual portfolio to a constant growth strategy, please give us a try by signing up here. This is a special 25% rate that will be available only through the end of August for our original Oxen Group Subscribers, after which it climbs to 50% in September and 75% in October, when the offer runs it’s course.
If you have any questions for me, contact me at david.ristau@theoxengroup.com
Thanks,
David Ristau
