Trades in 60 sec for week of 9/8/2014 $ADM $CMCSA $EEM $EWW $FXI $GGP $HCN $HD $LOW $PBR $PSX $TSLA $TSO $UAL $VWO $XLB $XLY

A cross section of charts, with weekly price bars, new highs, elevated trading volume, captures home improvement and retail, low oil cost plays (refining/airlines), emerging markets, and in a category all its own, Tesla. 🙂

Below are the charts, with entry prices based upon the friday close of the last weekly price bar. A suggested stop is put in place but it’s not written in concrete or “right”, but based upon one of the systems I use to help me determine the rough amount of dollar risk per share on a trade. You can do as you wish. Some may go, “but how do you do it”? I’ll suggest the rules that are already out there, and suggest you risk 1/2 up to 2% of your capital, with 1/2 to 1% risk as my preferred risk (I like the idea of sleeping and not waking up in a cold sweat so that’s my suggestion). Take the difference between the entry and stop, use that dollar amount as the denominator under the dollar value of say 1% of your funds being used. That gives you a rough guide.

EXAMPLE below, using $ADM. We see entry of 50.36. We see a stop of 48.10. 50.36 -48.10 = 2.26.
Let’s pretend you have 100,000 to work with. 1% of that is 1,000. $1000/2.26 =what? That’s how many shares you might put at risk, 442 shares @50.36 approximate entry. That’s the most direct way of explaining the process. It’s not perfect. Maybe you use a variation of William O’Neil’s 7% risk rule and do this too, but you better be lucky enough to have your winners pay for your loser trades. OH YES, you will have trades that go bust. So you fold your cards and play again. Pardon that analogy, it’s NOT meant to be flippant, but you must understand the game layer aspect of the investment and speculative business we are in. Risk IS OUR business.


entry 50.36 stop 48.10+


entry 26.3 stop 24.6


entry 53.4 stop 53.4


entry 127 stop 122


entry 45.85 stop 44.25


entry 73 stop 70.6


entry 42.5 stop 40.5


entry 24.96 stop 23.9+


entry 68.3 stop 65.4


entry 54.1 stop 50.5


entry 87.5 stop 82.9


entry 277.4 stop 247.6


entry 66.6 stop 60.6


entry 50.7 stop 45.2


entry 46.5 stop 49.9


entry 50.66 stop 49.25


entry 69.26 stop 67.2


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s