tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,400
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- 6,317
Re: NEPTUNE MARINE - ANY MORE INTEREST
No.
Im on Holidays.
Secondly it doesnt fit with my trading methodology.
However thanks to you guys :iagree: (With some of your selections)Ive decided to trade a reasonable amount in short term discretionary trading methodology along the lines of that which Im writing about on the "profitable" thread.
Being discretionary I wont be able to code and therefore test to the "Nth" degree my chosen methodology.It will vary from trade to trade.
There will be some FIXED knowns.
Parcel size $5K as liquidity could be a problem--- where its not $10K
Number of trades running at one time 2 max---couldnt track anymore even with a ticker on my desk---I have a Company to run!
Stop no more than 10% of initial purchase price---I expect to be stopped regularly but also expect that if I choose a stock to trade its going to move in my direction immediately---if it doesnt then Im wrong (At the time).
For exit Im seriously thinking of OPTIMISING a number of exit methodologies (ATR,EMA,Parabolic) for each individual stock,but that will be dependant on the magnitude of the move over what period.Parabolic moves come down as fast as they rise so you need to constantly monitor.
Sorry waffling
tech
No.
Im on Holidays.
Secondly it doesnt fit with my trading methodology.
However thanks to you guys :iagree: (With some of your selections)Ive decided to trade a reasonable amount in short term discretionary trading methodology along the lines of that which Im writing about on the "profitable" thread.
Being discretionary I wont be able to code and therefore test to the "Nth" degree my chosen methodology.It will vary from trade to trade.
There will be some FIXED knowns.
Parcel size $5K as liquidity could be a problem--- where its not $10K
Number of trades running at one time 2 max---couldnt track anymore even with a ticker on my desk---I have a Company to run!
Stop no more than 10% of initial purchase price---I expect to be stopped regularly but also expect that if I choose a stock to trade its going to move in my direction immediately---if it doesnt then Im wrong (At the time).
For exit Im seriously thinking of OPTIMISING a number of exit methodologies (ATR,EMA,Parabolic) for each individual stock,but that will be dependant on the magnitude of the move over what period.Parabolic moves come down as fast as they rise so you need to constantly monitor.
Sorry waffling
tech