SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KymarFye who wrote (322)6/24/2001 4:05:30 PM
From: -   of 565
 
Hi Kymar, Glad to hear the sector model proved useful. You must have your own sector model to plug them into if it's only good for picking up a couple of symbols, though...there are many powerful benefits to be derived from approaching the market from the 'secular' viewpoint!! I'm sure you know that. We'll be detailing them in future educational posts and online mini-seminars... most of the good stuff is in the nuance'.

re: the tracking, we've started reporting that at the suggestion of our customers. We did carefully consider the two formats and felt this one would be much more objective, as traders take all kinds of different different position-sizing approaches, even between the three of us. We do get in and out together as we post, though so the net cumulative points logged is an objective measure (and much harder to fudge, since we are trading live with a large audience). Regarding total capital, that's easy to estimate from the # of open positions if you're in the room... or you can just ask us privately. This isn't intended for bragging rights;), we're just providing a summary snapshot of the week's efforts, while at the same time illustrating how we use the equity curve technique for performance feedback/management. Our equity curve spreadsheets do include an input for the base capital being traded, on the STATS ("dashboard") sheet it's used for computing return on capital for different intervals... % return on capital is something we look at every day, week, month and year of course.

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext