Swing trading stocks

goldenswan · Feb 6, 2020

February 6. Two stocks hit take profit:

TRHC exited at 62.75. Moved up 20.88% from my entry

CTSH exited at 68.88. Moved up 9.58% from my entry

deaddog · Feb 7, 2020

goldenswan said:
I can have up to 50 positions open at the same time. Maximum risk (defined by stop loss order) is 0.1% of capital. Stop loss is 6-8% from entry depending on stock's volatility. So it means that 1.2-1.5% of capital are allocated to one stock position

How many trades would you make a year?

What are your yearly transaction costs (slippage and commissions) as a percentage of capital?

goldenswan · Feb 10, 2020

About 200 trades a year, something like 1% of capital goes to commissions.

goldenswan · Feb 10, 2020

February 7:

Stopped out of EBAY at 35.80 - loss is 2.28%
Also bought HEI at 127.34

deaddog · Feb 10, 2020

goldenswan said:
February 6. Two stocks hit take profit:

TRHC exited at 62.75. Moved up 20.88% from my entry

CTSH exited at 68.88. Moved up 9.58% from my entry

How are you setting exits for profits?
Quite a difference in percentage gains in these stocks.

goldenswan · Feb 10, 2020

It is determined by stock volatility. TRHC was about 2 times more volatile than CTSH.

goldenswan · Feb 10, 2020

February 8:
Stopped out of LBTYK at 19.05. Loss is 5.54%

Bought JACK at 85.47

deaddog · Feb 10, 2020

goldenswan said:
It is determined by stock volatility. TRHC was about 2 times more volatile than CTSH.

What do you use to determine volatility? Bollinger bands?

HeSaidSheSaid · Feb 10, 2020

if u don't mind to create table of your trades, so we can the win/loss ratio.

goldenswan · Feb 10, 2020

Yes, good suggestion. I will do at the end of the month