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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (11938)	4/8/2007 9:47:13 AM
From: Zincman	Read Replies (1) \| Respond to of 13449

How do you see MVIS trading this week after last weeks action? Thank you in advance, ZM

To: chowder who wrote (11938)	4/14/2007 4:37:50 PM
From: chowder	Read Replies (2) \| Respond to of 13449

FOOD FOR THOUGHT ... Portfolio results ...................... Re: TODAY'S SHAKEOUTS ... Message 23455421 A follow up on the trades that have initiated in the last 2 months and shown in the message above. There were 31 trades that initiated. I had 6 losers that had an average loss of 4.7% each. I had 4 trades that ended up flat. I had 21 winners that have an average gain of 11% each. I take the same size position on every trade so that no one trade can hurt me if it doesn't work out. There's nothing worse than having 10 or 20 winners and 1 or 2 losers wipe out those gains. On intermediate to long term trades, I put 5% of my capital to work. To make this simple, assume a 200K portfolio. That would make each trade a 10K position. When you add the winners and subtract the losers, the portfolio is up 20.2% just on the trades initiated in the last 2 months, and some of those trades haven't had time to develop yet. The point of this message is that if I were buying laggards, as opposed to leaders, it would be nearly impossible to show a 20% gain over 2 months based on 31 trades. 31 laggards aren't going to reverse all at the same time. Additionally, most people don't buy full positions when bottom fishing. Thus, returns are lower even when the trade works out. The percentages look nice, but the amount of money added to the bottom line is what counts. Just some food for thought.