I've noticed that there are some real performers picked by those here.
Thought that this would be as good as any to pick short term trades.
As funds wouldnt allow trading all of these at once I have chosen those which I believe have the best potential to out perform (No offence to anyone I certaintly wont be 100% right and will be interesting to see if a chart scan will gleen more winners than the main comp).
I have allocated $5000 to each trade with stops mainly at 10% of purchase price---some of the low priced volitile stocks are at more.The comp doesnt have this facility.
I will also use a variable 3 day EMA technical exit---a close below means an exit.
See chart attached.
As part of the short term trading system thread thought this could have a chance of success.First thing is attempt to out perform the whole comp.
I can show progress each day after downloads each night.
Thought it would be interesting.
Would need $60000 to trade.
See attached portfolio.
Portfolio software is Stator.