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  1. O

    The Billion Dollar Club

    I believe that when Joab said 5% risk, he meant risk as in position sizing and NOT risk as in stop size. If I am wrong, I hope he corrects me. Normally, there are no hard & fast rules about stop size since it very much depends on one's system. In fact, for a swing trading system, a 2% stop...
  2. O

    The Billion Dollar Club

    Well spotted, sir! If you notice, my short positions are very small in size. I could have traded just one of the two stocks at double the size I have in each one, but opted to play both of them. My screens at the mo are just fundamentals plus liquidity. I've actually been thinking of...
  3. O

    The Billion Dollar Club

    Hi hajimow, I believe 2%/5% refers to value of account NOT position. Anyway, that's how I was using it. My risk per position is always more than 2% & in many cases more than 5% as well.
  4. O

    The Billion Dollar Club

    Assuming you allocate equal capital to each position, I don't see how you can have as many as 20 open positions and still risk up to 5% per position. For a 5m account with 20 equally funded positions and assuming 2:1 leverage: Capital for each position = 5m x 2/20 = 500,000 5% risk =...
  5. O

    The Billion Dollar Club

    A lot of the 'experts' advise that it is not prudent to risk more than 2% on any trade. Infact, I have read that professional traders often risk much less than 1% per trade. I am sticking to the 2% guideline, at the moment. However, my gut instinct is that 5% is an acceptable risk for...
  6. O

    The Billion Dollar Club

    Ex Benchers <p><p>BGC<br>Drtn:&nbsp;Long<br>Entry:&nbsp;72.12<br>Date:&nbsp;14/11/2007<br>Disaster Stop:&nbsp;66.99<br>Exit:&nbsp;66.99<br>Date:&nbsp;21/11/2007<br>Return (pts):&nbsp;-5.13<br>Return...
  7. O

    The Billion Dollar Club

    Current Bench <p><p>BMC<br>Drtn:&nbsp;Long<br>Entry:&nbsp;33.33<br>Date:&nbsp;13/11/2007<br>Disaster Stop:&nbsp;31.46<p>SOHU<br>Drtn:&nbsp;Long<br>Entry:&nbsp;52.12<br>Date:&nbsp;13/11/2007<br>Disaster...
  8. O

    The Billion Dollar Club

    Ex Players <p><p>CIEN<br>Drtn:&nbsp;Long<br>Entry:&nbsp;45.33<br>Date:&nbsp;13/11/2007<br>Disaster Stop:&nbsp;42.54<br>Qty:&nbsp;440<br>Cost:&nbsp;$19,945.20<br>Exit:&nbsp;42.54<br>Date:&nbsp;19/11/2007<br>Return (pts):&nbsp;-2.79<br>Return (%):&nbsp;-6.15%<br>Return...
  9. O

    The Billion Dollar Club

    Current Team <p><p>ERIC<br>Drtn:&nbsp;Short<br>Entry:&nbsp;29.93<br>Date:&nbsp;07/11/2007<br>Disaster Stop:&nbsp;31.43<br>Qty:&nbsp;300<br>Cost:&nbsp;$8,979.00<p>LCAV<br>Drtn:&nbsp;Short<br>Entry:&nbsp;17.48<br>Date:&nbsp;08/11/2007<br>Disaster...
  10. O

    The Billion Dollar Club

    Hi Joab, Do you mind elaborating? <p> Are you serious about the 10% monthly (200+% p.a.) bit? If so what kind of leverage are we talking?
  11. O

    The Billion Dollar Club

    Squad List <p>There is room in the team for zero more Long & zero more Short players. Players are listed in order of preference. If and when the team is filled, all other players that satisfy the entry requirements will sit on the bench.<p>PCLN<br>Drtn:&nbsp;Long<br>Entry...
  12. O

    The Billion Dollar Club

    Ex Benchers <p><p>CKFR<br>Drtn:&nbsp;Long<br>Entry:&nbsp;47.53<br>Date:&nbsp;13/11/2007<br>Disaster Stop:&nbsp;45.10<br>Exit:&nbsp;47.49<br>Date:&nbsp;20/11/2007<br>Return (pts):&nbsp;-0.04<br>Return...
  13. O

    The Billion Dollar Club

    Ex Players <p><p>CIEN<br>Drtn:&nbsp;Long<br>Entry:&nbsp;45.33<br>Date:&nbsp;13/11/2007<br>Disaster Stop:&nbsp;42.54<br>Qty:&nbsp;440<br>Cost:&nbsp;$19,945.20<br>Exit:&nbsp;42.54<br>Date:&nbsp;19/11/2007<br>Return (pts):&nbsp;-2.79<br>Return (%):&nbsp;-6.15%<br>Return...
  14. O

    The Billion Dollar Club

    Current Bench <p><p>BMC<br>Drtn:&nbsp;Long<br>Entry:&nbsp;33.33<br>Date:&nbsp;13/11/2007<br>Disaster Stop:&nbsp;31.46<p>SOHU<br>Drtn:&nbsp;Long<br>Entry:&nbsp;52.12<br>Date:&nbsp;13/11/2007<br>Disaster...
  15. O

    The Billion Dollar Club

    Current Team <p><p>ERIC<br>Drtn:&nbsp;Short<br>Entry:&nbsp;29.93<br>Date:&nbsp;07/11/2007<br>Disaster Stop:&nbsp;31.43<br>Qty:&nbsp;300<br>Cost:&nbsp;$8,979.00<p>LCAV<br>Drtn:&nbsp;Short<br>Entry:&nbsp;17.48<br>Date:&nbsp;08/11/2007<br>Disaster...
  16. O

    The Billion Dollar Club

    Squad List <p>There is room in the team for zero more Long & zero more Short players. Players are listed in order of preference. If and when the team is filled, all other players that satisfy the entry requirements will sit on the bench.<p>AG<br>Drtn:&nbsp;Long<br>Entry Stop:&nbsp;58.55<br>Entry...
  17. O

    The Billion Dollar Club

    Ex Benchers <p><p>KLBAY<br>Drtn:&nbsp;Long<br>Entry:&nbsp;41.10<br>Date:&nbsp;06/11/2007<br>Disaster Stop:&nbsp;39.04<br>Exit:&nbsp;41.00<br>Date:&nbsp;07/11/2007<br>Return (pts):&nbsp;-0.10<br>Return...
  18. O

    The Billion Dollar Club

    Current Bench <p><p>BMC<br>Drtn:&nbsp;Long<br>Entry:&nbsp;33.33<br>Date:&nbsp;13/11/2007<br>Disaster Stop:&nbsp;31.46<p>CKFR<br>Drtn:&nbsp;Long<br>Entry:&nbsp;47.53<br>Date:&nbsp;13/11/2007<br>Disaster...
  19. O

    The Billion Dollar Club

    Ex Players <p><p>IBKR<br>Drtn:&nbsp;Long<br>Entry:&nbsp;29.15<br>Date:&nbsp;05/11/2007<br>Disaster Stop:&nbsp;26.23<br>Qty:&nbsp;340<br>Cost:&nbsp;$9,911.00<br>Exit:&nbsp;28.99<br>Date:&nbsp;06/11/2007<br>Return (pts):&nbsp;-0.16<br>Return (%):&nbsp;-0.55%<br>Return...
  20. O

    The Billion Dollar Club

    Current Team <p><p>ERIC<br>Drtn:&nbsp;Short<br>Entry:&nbsp;29.93<br>Date:&nbsp;07/11/2007<br>Disaster Stop:&nbsp;31.43<br>Qty:&nbsp;300<br>Cost:&nbsp;$8,979.00<p>LCAV<br>Drtn:&nbsp;Short<br>Entry:&nbsp;17.48<br>Date:&nbsp;08/11/2007<br>Disaster...
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