A Very Profitable Methodology

Quote from psytrade:

What is is your position sizing for this system?

% risk, or % allocation, or other?

%allocation, although i definitley monitor risk very closely but not as mechanical because i scale in and out and do not like setting ratio targets either because i let winners run as much as possible to squeeze out as much gain. (i.e. i am not going to set an arbitrary proce traget based upon a 3-1 or 4-1 risk, etc...)
 
picked up another small lot of RTSX this morning at 34 even... I dont like it trading down on an up day but will see what tomorrow brings.
 
Still watching RTSX closely, I dont like it acting weak when the broader market is up but I am noticing some buying interest in teh 32-34ish range so I am hanging around to see if the buyers can support this and ultimately push it up...
I am very pleased with my other pos. HANS, ARD, TALX
 
Quote from trader56:

Can you tell us what program you use to screeen for your picks?

Thanks!

Right now I am just using freebies: MSN, YAHOO, and company websites, etc...
 
Gotta love it when three of your four postions are making new 52 highs.

took some profits in TALX, but only a small lot at 52.89, for about a 19% gain.

glad i held onto HANS as it just ripped new 52 highs, what a freight train! if you read my log i almost sold off all of my position but held onto a small lot just for this...

ARD still looking strong...

Trying to have some patience with RTSX, but I am getting cold feet... maybe its still a dilution effect.

Hope you all are making some $$$ out there!!!
 
Quote from xtraderx:

Still watching RTSX closely, I dont like it acting weak when the broader market is up but I am noticing some buying interest in teh 32-34ish range so I am hanging around to see if the buyers can support this and ultimately push it up...
I am very pleased with my other pos. HANS, ARD, TALX

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Thanks for posting;
& your stocks look lots like IBD website,
investors.com
:cool:
 
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