September 5, 2006 Stock Market Recap

Trading was a bit choppy today but the bulls pulled out another win. Volume was still on the light side, so maybe everybody’s not back from vacation just yet. Amazingly the S&P is already less than 1% away from the 2006 high. It’s like the summer correction (I hate that term) never happened. I’m always [...]

Position Sizing Q & A

Here are my responses to the comments left on last week’s “position sizing considerations” post: nonadamas wrote: 1. What about equipment, ISP failures, do you always write down your trades? 2. What kind of backup set-up do you have? 3. Brokerage problems, problems at their site or with their people making errors? When I started [...]

Watchlist for September 5, 2006

There are some good comments & questions on last week’s position sizing post. My apologies for not responding to them sooner but I was out of town. I’ll post my responses this evening. Let’s see if the indices can build on Friday’s low volume rally this week. Here’s my quick take on the S&P and [...]

Position Sizing Considerations

I want to share & expand upon the answer I gave to an email about position sizing the other day. Justin wrote: [SNIP] After reading your article on 100 R i can now see that it would benefit me to daytrade and use 1 R per trade instead of my old 2 R per trade [...]