Australian (ASX) Stock Market Forum

October Stock Tipping Comp Tech's short term trading portfolio/test case

Richkid - I'm intrigued by the $2, 4 & 6K scenario.
I thought techs original 5k was a good figure.
Do serious traders ever really put just $2K on a stock?
In my opinion, they have to go too far to make anything - and by the time you've paid brokerage (say $60 for buy and sell) it's just a futile exercise.
I guess if they are investments for 12 months or more, it may be worthwhile, but I haven't looked at those figures since my first month in.
What do others think?
What's a good trading figure? :confused:
Personally I usually enter with between 5 & 10k depending on risk factor - and then build up if successful.
 
Remember this back in October.

Was an all time bad month.
I was attempting to demonstrate the efficiency of culling a Universe of stocks such as those chosen by the members here.

I compiled 3 portfolios.

(1) The best as I saw them technically of those selected by all
(2) The 5 best as I saw them technically of (1).
(3) As (2) but exiting those that made a 10% loss as a Stop

So how are they going now?

Maybe something here for those in the ASX competition.
My advice to them would be dont trade a portfolio if you expect a good result.
Clearly this small exercise is showing a 100% better return on selection of those clearly showing a bullish tendancy technically (That was my initial technical filter for culling the 5 "Best")
And a 700% better result setting a stop on the 5.

I dont know how the original selections went as a complete portfolio but would be interesting if someone has time.
 

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