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I generally scale out (if the trade moves my way). I like to take 20-30% off when the stock is up 15-20% ... then I ride the rest for as long as I can, generally scaling out on the way up... really long term traders like to use a trailing stop.

Stock ABC Portfolio Value = $1,000,000 Risk = 2% of portfolio or $20,000 Entry point A = Stock at $100 Stop = $95 Runaway entry point B = Stock is $107 Position size A = $20,000/(100-95) = 4000 shares ... 4000 shares x $100 entry = $400,000 position size Position size B =...

IB has terrible commissions on the Canadian side... if you are doing size you are looking to pay hundreds of dollars on commissions a day... you are better off trading CDN stocks with CIBC or TD Waterhouse... $7-10 per share unlimited shares... CIBC even groups all transaction for each stock, on...

if you sign up for his 3wk free trial or you are a subscriber you have access to his entire newsletter archieve... it's on a drop down menu on the right side of the members page.

20dMA for his volume.

He lives how he wants to live... why would anyone care?

you and me both brother:)

the leaders are usually high priced... one of the best guys to follow if you are new is Zanger... www.chartpattern.com

Raj, great post ! I would agree one hundred percent ... If my optimal position is X dollars, I would rather by in .5X versus missing the move. Sometimes I get in late and size down a bit with a wider stop because I feel I may not get a great entry before a big run ... if a great entry...

I generally enter on breakouts but sometimes my points aren't what you would call typical break points (such as the ATH).

You lost me. I was being sincere but I don't understand your response... could you clarify? Were you responding to my question? I haven't followed these threads, I am just curious about your trading method and track record ... If this information is personal I completely understand. Thanks.

Jack, Do you have an audited track record which people can view?

sorry for the confusion... when I said "emerging market leadership stocks" I meant... stock that are on their way to becoming leaders but are not yet viewed as a leader by the average trader or the media For example... a leader would be AAPL, RIMM, ISRG An emerging leader would be...

the risk in Darvas' trading was that a few times he was fully loaded in one stock... if EL BRUCE has of gapped down 20 point on him he probably would have been wiped out... if his stops just got hit he would have been fine... probably not a good idea to trade as bold as Darvas did with anything...

vetten, I believe Brandon hit the nail on the head... I don't trade the method exactly like Darvas, my money management and stop placement is very different but the general idea of the Darvas method still holds true today... basically... emerging market leadership stocks with huge growth...

Yes, I trade like this... and it is working for me. If you want examples that it is still working... TCM.TO RAL.TO CROX BIDU FSLR MA AAPL TNH POT RIMM AMZN ISRG LPHI NILE PMG.TO just to name a few. Key is your money management... Darvas bet very bold... the bolder you...

Donchian, mechanical trend following

what is the benefit to holding silver when everything is cratering, I would rather hold government t-bills at least those are safe and I get paid to wait.

really depends who is doing the training I would say.

that is really a meaningless stat because... if you look at the winners that were up huge such as... RIMM, AAPL, FSLR, FWLT TNH etc etc etc... they have given back only a small percentage.