Happy New Year!!!!

2011 was a good year for trend follower.
For 2012, will just follow the trend, as it unfolds.

Happy New Year to All!!!

Window Dressing????

         Dec 9   Closed       Dec 29 Closed       P/L
DIZ             9.10           11.38                     20%
GLO           953             1133                   16%
CMT          1.34             1.60                    17%
PAL            6.01            6.99                   14%
HLCM        8.4              9.40                    11%
PNB          53.0             56.4                       6%
AC            293               311                       6%
DMC         39.05           41.30                   5%
MPI           3.48             3.66                      5%

I selected December 9, because that was the time Euro problems in the headlines. PSE reacted on the news from December 8 to 12.

Selected stocks were actively traded except HLCM.

Example of Money Management New

2 red ones are new entry.

Example of Money Management Final

Not bad for 3 weeks trading on a bearish sentiment market.

Great traders concentrate on good risk management. They constantly manage their open positions. Linda Bradford Raschke

Position Sizing is THE most important aspect of your trading system, because if you have positive expectancy, your position sizing rules will determine your profits.  Dr. Tharp - Trade Your Way To Financial Freedom
http://tracer-tracer.blogspot.com/2011/12/example-of-money-management-2.html
http://tracer-tracer.blogspot.com/2011/12/example-of-money-management-3.html
http://tracer-tracer.blogspot.com/2011/12/example-of-money-management-4.html
http://tracer-tracer.blogspot.com/2011/12/example-of-money-management-5.html

A Merry Merry Christmas Indeed

Good News from Heaven the angel bring.

Glad tidings to the earth they sing;

To us this day a child is given,

To crown us with the joy of heaven.

-Martin Luther

Example of Money Management 5

http://tracer-tracer.blogspot.com/2011/12/example-of-money-management-4.html

The Bounce

As I mentioned previously in FM about CEB, you would be lucky if it will bounce 10%, it only bounce 5%.
Is 5% worth the risk?

Probably the bounce was due to the reco of a broker. (I was even wondering why it recommended a buy).
As per dow theory, manipulators can move a stock for a short period only.