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Strategies & Market Trends : LastShadow's Position Trading
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To: LastShadow who wrote (2286)11/8/1998 12:25:00 PM
From: LastShadow  Read Replies (1) of 43080
 
Position Trading Account: November

SYMBOL CLOSE CHANGE CHANGE %

BA 41.875 0.937 2.29%

COMS 35.625 0.5 1.42%

SFA 16.875 0.062 0.37%

SGI 11.75 0.312 2.73%

SYBS 6.938 0.25 3.74%

TALK 10.813 0.25 2.37%

TOT/AVG 20.646 0.385 2.15%

Same general recommendations apply to this as well as

all previous PTA's:

1. 300 share minimum buys recommended

2. Buy at least two for balance*

3. Use a trailing stop (mental) 8-10% below entry

4. I will account for the buy as 'at open, at market'

5. Daytrading entries and exits give better results

6. I will be buying on multiple accounts, so my entry"

and exits will be averages of those prices oin some cases

"7. If you have never done this, Paper Trade it."

8. Do your Due Diligence.

9. Price for all stocks will be between $5-$50

10. If you have bad feelings/news/whatever about one

of the picks, please post it. I'm wrong a lot.

This set of 5 stocks would be worth about $10+k at 100 shares,

and $100+k at 1000 shares, so you can pretty much size your"

account accordingly.

I will post this data and the running profit/loss (probably

a couple of times a week) at home.earthlink.net

It will be under something like ""Position Trades"" - but it

isn't there yet...

lastshadow
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