positions

Results of experiments

Experimenting with my trade for about two weeks, by the number of transactions, position size,time,trading styles. Position size : Small positions – you start to think less about the deal, more risk. As a result, not very good performance Average positions – Most comfortable so far, deliberate deals and focus on them. Good profit, with small negative trades that do not strain Large positions – Tangible profit, but also big disadvantages. Need more precision, to do them, too few attempts at mistakes. It is not always possible to incubate large movements.. Once a day you can do, but you can't always trade them.

Not a jeweler

After a couple of days I still understood, that short feet are not mine. Before, I didn't really bother about my feet, though 5 cents or 14 Cents, and when he began to try to go everywhere at the ideal price and with minimal risk they began to distribute them too often. Because of this, good deals were closed. The most important thing – this is a good stop, even if the price has slipped and there is no need to try to reduce the risk every time where it is not possible. Back to normal trading with stops 5-15 Cents, but I increase the minimum potential in stocks to 60-70 Cents. We need to improve the selection of shares, look more for stocks with good potential, close to levels and a clear trend. My main emphasis is on technical analysis., but now I will read the news more attentively and study the companies.

Time dependence of profitable trades

The chart reflects the amount of closed positive and negative trades in a certain interval. He's certainly not accurate, but you can immediately see that open positions in the first hour lead to a minus for me. Here only the closing of a deal is taken into account, regardless of what time they were opened., but based on my experience, I can say that the best time to open my positions is : 10:40 – 11:30 13:00 – 13:40 14:10 – 14:40 It is necessary to try to limit the opening of trades in other time intervals

Notes 19 May 2010

You cannot trade small positions, start making stupid deals. The greater the position and risk, the faster and better you think. IN 1001 I repeat to myself : ” You cannot trade in the first hour and catch reversals in stocks, it doesn't make me money !!!!” Large positions move stocks and slip prices, pick up little by little. Never trade other people's ideas and listen to no one

Companies reporting season is closed

You can say, that the reporting season is closed. Worked it out on 4+ , there were some shortcomings, but gained much more experience. The market is quietly quiet and there are no such strong movements in stocks, therefore, it is logical that you will not be able to earn much and you need to lower the size of positions, but I will try, on the contrary, to increase the size of my positions and earn more. You just need to be more selective in choosing stocks and not count on fast movements.. I will slowly start to take off positions for several days and trade more global trends.

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