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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (55034)12/31/2005 10:22:29 AM
From: Galirayo  Read Replies (1) | Respond to of 57110
 
I'll take the liberty of helping Puddle Glum with the answer .. since I remember where to find it. And because it was the same question I asked. :)

Message 20954543

Message 20955252

I look forward to any revisions or modifications you may have made since these posts PG .... Thanks.



To: Patrick Slevin who wrote (55034)12/31/2005 4:47:25 PM
From: PuddleGlum  Read Replies (2) | Respond to of 57110
 
Thanks to Ray for pulling up some of my earlier posts on the subject. I repeated some of the same before editing this post.

As far as which % is best, I am comfortable with 1.67% for most individual stocks, but drop it down to about 1% for S&P500. For something very volatile you'll move it above 2% I expect. For very low priced stocks you run into some wicked spreads of 5% which will cause some distortion, so you need to increase the box size to account for that.

I'm pretty comfortable with the approach.