my strategy

[Chuck Krug]

I short stocks over $5 that are up over 15% for the day.
volume has to be over 100k for the day.
my position sizing is 5% of portfolio max/ stock
I enter 1/2 position first, hold it over night. and then enter the second half of it the next day if 1st position is positive. if not close out.
stoploss is entered when full position is on and is at 5%

reasoning is: sell when in focus, buy: when not in the limelight.

thanks

 

[hans123]

When do you get out?

 

[Chuck Krug]

Quote from hans123:

When do you get out?

never

 

[nazzdack]

Quote from Chuck Krug:
....the limelight.

Decent strategy. Are you involved in the champagne business?

 

[Chuck Krug]

Quote from nazzdack:

Decent strategy. Are you involved in the champagne business?

just a fan of it

you're the first one on the board to make the connection.

 

[nazzdack]

Quote from Chuck Krug:
.....the connection.

It would have been more obvious if your name were Walter Whitestar or Pierre Perignon.