An approach to buying fundamentally sound stocks that still have value left in their price.

Saturday, January 9, 2010

Position Sizing for TSM Trades ... Harold

Do you buy the same dollar amount each trade or the same number of shares 
when following TSM trades ?

thanks,

harold


..........
Harold,

I buy a fixed dollar amount based on a percentage of my account though I usually round off to the
nearest fifty shares. I allot 25% of my account to 10 long positions, another 30% to 15 naked puts and
another 30% to 10 long ETFs. In each case, I'm allocating a fixed dollar amount.

Ric Miller, Ph.D.
6-Sigma, Master Black Belt

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