Damir's Trading Journal

sounds about right. doesn't seem fair, does it? :) the flip side is if it goes the other way i lose 5x as well.

and it does happen...
 
Almost never happens to you!

OT: The pot is 16" wide and 14" tall, and has a lot of iridescent luster in the glaze. Potter says he developed the luster process himself. I now have a pic of him riding an elephant in Cambodia or Tailand. Not bad looking, either. He lives in Santa Barbara, teaching ceramics there for 25 years and was thrilled to hear about his pot's mingratory practices, which we haven't entirely traced yet.
 
I just added 900 paper shares to my 100 paper share position in DIA at 93.15.

I need more leverage!

Average price 93.171

Almost all the stocks I own look very bad today. The only ones that are going up are the ones I don't own.
 
Assuming I don't want to hold a position larger than 1000sh, I should buy say, 250 shares in each batch, so I can have four equal buys if the trade keeps going against me. Like, this one keeps going down. Leaving room for four buys seems about right, but I don't think the leverage is sufficient on the DIA.
 
you got it. and you're right, DIA is not the ideal instrument for this. i have a feeling, though, that an appropriate selection of dow components WOULD do the trick. i'll move that task up my priority stack.

Quote from OnTheEdge:

Assuming I don't want to hold a position larger than 1000sh, I should buy say, 250 shares in each batch, so I can have four equal buys if the trade keeps going against me. Like, this one keeps going down. Leaving room for four buys seems about right, but I don't think the leverage is sufficient on the DIA.
More...
 
Ya, but if we're going to buy a small basket of DOW stocks, won't we have the same leverage problem, or worse, than we have with the DIA?
 
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