How do you position size these add ons? IE: If your initial position size was 100 shares how big is your add on?
QQQ 5-min. update getting read to add to short at 61.8% ............ see golden ratio videos on 61.8%. It this short works its for Amber Heard right now Qs are at 50%. They might not go to 61.8%. Wait and see. What if Q takes out the top? hehehehe then as usual I'm a friggin dummy
You don't want to know this. Take it from me. It will get me in trouble and ostracized. I was told that etiquette is very religiously followed on forums, traders who mention position size get hammered and blacklisted. Besides that, I now have reliable information that on a Karma basis its never good to talk about actual $ amount. Use your 100 shares as a reference, I don't mind. I'm not here to impress anybody. I'm a bum always have been and always will be. Only thing I can tell you now is that my position sizing is small relative only to ME and my personality during the TREND TRANSITION. Once the TREND gets underway it will balloon out bigtime in rapid fire bursts overloaded near the Top which is why I like to call Tops so I can front load.
Will QQQ go to 61.8%? Well I will do this. If she does not go there I will add to short when 0% is taken out to the downside. I don't like this none but hey its better than nothing. But 61.8% is a magnet. Ther eis also the possibility that I'm full of it and the topwil be taken out and I'm screwed again back to square 1.
I posted something on this topic before, not in answer to anybody's qustiion. It was merely to stress how committed I am to the BEAR that I have called and its magnitude and my desire and goal to profit from it sooooo big that I don't ever need to do doodly no more. I mentioned that I have disposed of all my real estate holdings. Throw in collections too like gold coins and whatnot. All that is ready to be deployed in the SHORT of the Millennium. All of it but only when I am on the back of the horse and the trend has spoken loud and clear We are still in the transition zone, a worthless zone full of head fakes and dodgy moves by Price
Whatever money I lose in trades NOW during the transition to a real TREND to the downside is the cost of doing business and having peace of mind. I do not want live thru' the whole BEAR and then in 2026 tell my friends I missed the greatest opportunity of Planet Earth. The losses if any will be adequate that I tried and tried and did my best. There can then be no regrets. I'd be satisfied.
I don't care what your position size is. What I'm trying to figure out is your method of determining how much. I used 100 shares because its easy to figure. (like %) So if your initial size was 100, how big is your add on