I know tonight's list is a lot of stocks and as of yet there are no stops, initially you can probably use about a 10%-15% stop to figure your position sizing, hopefully before market open I'll have the stops and notes complete.
Pretty much any of these trades can be taken at market open at market price. I especially like the few long positions near the bottom. I would consider these "Cats and Dogs-Rally" type stocks; as such I wouldn't put a lot of money into them. However, they look a lot like the setups that were generating the double digit daily returns in January. For now, I'd keep them as speculative positions and don't swing for the fences, keep the risk low and the stops a little wide on them-give them a chance to work.
The short positions, for the most part are all in high probability/low risk areas. While I would keep the stops a little tighter, these are the type of shorts we may have to take several swings at before we hit the trend so we want to keep the losses to about 1% of position or portfolio depending on how you are applying your risk model. If you need help figuring it out with position sizing and stops, find the trades you like and email me, I'll help you with position sizing.
There are so many because the recent rally has put many in a great area to short them. You needn't trade them all, but rather make sure you are not chosing trades that are highly correlated to positions you may already have. The recent ideas (within the last week) are also still in play.
Emil me with any questions. Also broadly speaking and you'll see it in the recent trade ideas-especially the intraday post last week, we are short Silver -SLV (or buy ZSL-2x leveraged Ultrashort) and long gold.
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5 years ago
