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Re: Money Managment



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CMA,
      A real simple system.  Each position is between 10% to 20% of my
portfolio value with the stop set such that no more than 5% (usually
2-3%) of my portfolio is at risk on any one position.  I also
generally risk less on the small cap positions.  As you can see, I'd
rather keep all of my eggs in one basket and watch that basket closely
<G>.

JimG
-----Original Message-----
From: CMA <cma6@xxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Saturday, November 07, 1998 10:48 PM
Subject: Money Managment


>I've been in markets for 21 years, early years as floor trader, and
>have followed many different stock pickers over the years.
>  Jim G.'s methodology and impementation are among the best I have
>ever seen, far better than the "buy lists" of many publications or
>brokerages. Biggest strength:
>  proficient use of trend channels (s-t, i-t and l-t) to set entries,
>targets, and most important, stops.
>  One question for Jim: have you any descision process for picking
>initial position size (% of total portfolio)?
>
>
>
>
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