my strategy

Discussion in 'Strategy Development' started by Chuck Krug, Jun 18, 2009.

  1. 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
     
  2. hans123

    hans123

    When do you get out?
     
  3. never
     
  4. Decent strategy. Are you involved in the champagne business?
     
  5. just a fan of it :)

    you're the first one on the board to make the connection.
     
  6. It would have been more obvious if your name were Walter Whitestar or Pierre Perignon. :cool: