Homework for week 7/11 done: Prediction = No trades other then PTR Market = Down on monday, Up on tuesday. ============ Thoughts on positoon sizing: 70/30 , 70% on first break, 30% hold for the long term. ================== Money is my slave puppet.
1. market should be flat /down on tuesday ( tomorrow). I want to enter PTR , soon. 2.longer term view on the market: can be the bottom of the year. can also be the top of the next few weeks (unlikely) would be a strange formation if it is a top. 3/ In reality: Price and short& long term Views change daily, I just go with the flow
market is not too my likings, i was testing earlier with 50 shares, still don't like it, this would conclude the trading for today
Long term trade, using bufett/Timing. "PEAK SPORTS" bought medium size (for this liquidity) 4.92 http://www.google.com/finance?q=HKG:1968