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Hi FBIAW,Quite interested to know why you chose the sector and stocks that you trade? Your entry criteria seems similar to what i am putting together i am trying to keep it as simple as possible.My biggest problem is my small cap base at the moment, i will only have 10k when i start trading so if i only use 5k position sizes 15% is not very good for me as tax and brokerage doesnt leave me with much in my pocket, kindly pointed out by fellow ASF members. Risk = Reward is not there!So i am starting to look for a few stocks that i could trade consistently to get my equity moving asap. At the moment i scan the whole market looking for whatever indicators i feel like and am starting to think this is counter productive because i obviously find different ones every day and end up with these huge watchlists that are quite frankly unmanageable. So your comment about only using a certain sector peeked my interest as i havent considered restricting my searches to a certain area.Regards Stink
Hi FBIAW,
Quite interested to know why you chose the sector and stocks that you trade? Your entry criteria seems similar to what i am putting together i am trying to keep it as simple as possible.
My biggest problem is my small cap base at the moment, i will only have 10k when i start trading so if i only use 5k position sizes 15% is not very good for me as tax and brokerage doesnt leave me with much in my pocket, kindly pointed out by fellow ASF members. Risk = Reward is not there!
So i am starting to look for a few stocks that i could trade consistently to get my equity moving asap. At the moment i scan the whole market looking for whatever indicators i feel like and am starting to think this is counter productive because i obviously find different ones every day and end up with these huge watchlists that are quite frankly unmanageable. So your comment about only using a certain sector peeked my interest as i havent considered restricting my searches to a certain area.
Regards Stink
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