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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (538)9/22/1998 8:04:00 AM
From: Dave Shares  Read Replies (1) | Respond to of 43080
 
Experiment in Position Trading

I thought that I would take $50,000 out of my kids' Go for Broke' game and try an experimental position trading account.

My track record is very mixed, so play money is a very appropriate investment medium for this effort.

It has been pointed out previously that doing this kind of exercise can be educational, so here goes.

My first two buys this morning will be as follows:

LSI 13.8125 (yesterday's closing price) 800 shares
TWLB 34.00 400 shares

I will post results based on the opening price either later today sometime thereafter. I anticipate keeping 4-5 positions open at one time.

Like I said, this is an experiment, and thanks for the bandwidth to pursue this.

David