I think this is one of the best videos you have produced on your method of trading. The only thing I would have liked to see would be the execution of the trade; particularly, the amount you would put into each trade with:
% of total account invested in position Stop placement Price / time target (I'm assuming your time target is 3 to 5 days unless stop or target hit).
Also, it would be nice to know how many positions you have at a time, and how much of your capital is vested in the market at any time (I know this probably differs dependent on market conditions, but a rough idea would be nice). Maybe the above can be the subject of another video?
I understand you may not want to share that info, and I know risk as addressed in more books that we can count, but it would be nice to hear about your view on these facets of trading from a successful trader. Thanks again for the vid!
I risk 25 to 50% of account on some ideas rest around 10% of capital . Something like FB which is very liquid, it can be very large position which I scale out at various levels. If a stock has liquidity I will most likely have 25% to 50% in it for 3 to 5 days hold.
3 comments:
I think this is one of the best videos you have produced on your method of trading. The only thing I would have liked to see would be the execution of the trade; particularly, the amount you would put into each trade with:
% of total account invested in position
Stop placement
Price / time target (I'm assuming your time target is 3 to 5 days unless stop or target hit).
Also, it would be nice to know how many positions you have at a time, and how much of your capital is vested in the market at any time (I know this probably differs dependent on market conditions, but a rough idea would be nice). Maybe the above can be the subject of another video?
I understand you may not want to share that info, and I know risk as addressed in more books that we can count, but it would be nice to hear about your view on these facets of trading from a successful trader. Thanks again for the vid!
-Phil K
thanks you.
future videos will deal with that.
I risk 25 to 50% of account on some ideas rest around 10% of capital . Something like FB which is very liquid, it can be very large position which I scale out at various levels. If a stock has liquidity I will most likely have 25% to 50% in it for 3 to 5 days hold.
Stops are always low of entry day
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