|
PureBytes Links
Trading Reference Links
|
I entered "numasoft" in Google, and got:
---------------------
Download today! www.numasoft.com. Swing Machines for
$159 Includes 14 speeds, sheepskin ankle padding, and 6 time
settings. ...
www.amazon.com/exec/obidos/tg/detail/ -/1932378359?v=glance&st=* -
64k - Cached - Similar pages
--------------------
Does anyone know why swing traders need ankle padding? It all sounds
frightfully risky to me.
Regards,
Alan
--- In equismetastock@xxxxxxxxxxxxxxx, "Steve Jarvis"
<traderjarvis@xxxx> wrote:
> Hello All,
>
> Some of you asked for more information on Swing Trading.
>
> My method for Swing Trading is:
>
> 1. I want minimal daily interaction (I have a day job), controlled
> risk to prevent wiping out my equity and stated realistic profit
> objectives. I always place my orders in the mornings, before the
> market opens.
>
> 2. I start by finding a set of stocks using Friday EOD prices that
> meet my price action criteria.
>
> 3. I narrow down the set of stocks using my insight into potential
> market conditions the following week. I may decide to only buy long
> or only sell short, etc.
>
> 4. On Monday morning I buy or sell short my selected stocks.
>
> 5. On Tuesday morning I add a protective stop for each actual buy
(or
> sell) based on my risk limits.
>
> 6. Beginning Wednesday morning, I review the price action from the
> previous day. If the position has moved in my favor, my risk will
> have decreased and I can adjust my protective stop to begin locking
> in a profit but still not exceeding my risk limit. If necessary I
may
> initiate a partial sell (or buy if short).
>
> 7. Regardless of price action, I do not hold positions past Friday.
> Typically, unless stopped out, I close a position when it reaches
my
> reach my profit objective. My goal is to minimize risk thereby
> limiting my losses so if 50% of my trades are losers, my equity
curve
> trend is still up.
>
> 8. After I close a position, I do a post mortem analysis, thereby
> continually fine tuning my system.
>
> I find it is very important to always know my risk, have a stated
> profit objective, and always, always use protective stops.
>
> I stumbled upon an excellent software application that really helps
> me control risk and know how my system is doing at all times. It's
> named STOPS and can be found at www.numasoft.com
>
> Thanks,
>
> Steve
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/BefplB/TM
---------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|