Seeking Alpha
  • Ocean Man
    Sold $SFM for a gain of 8.4% in 7 weeks. $36.18 ---> $39.23. http://seekingalpha.com/s/knju9
    1/14/14
    Reply (7)
    • rongsc: do you have a rule of how big of position for a swing trade should be in your profile? What % of cash do you hold usually for swing?
      1/14/14
    • Ocean Man: I use all different position sizes based on risk and conviction. Not all of my swing trades were meant to be swing trades, some that I
      1/14/14
    • Ocean Man: bought as a yield play just shoot up, so I sell them and try to get back in on a later dip.
      1/14/14
    • rongsc: I just started trading 1 yr ago. Things I am learning is not to chase, not to catch falling knives and be patient. So i put a lot of cuffs
      1/14/14
    • rongsc: as i get familiar with some stocks, i tend to be able to catch them up/down 5%+ pretty well. However, i run out of cash quite a bit.
      1/14/14
    • rongsc: So i am trying to find that delicate balance of position sizes vs cash balance.
      1/14/14
    • Ocean Man: Very good strategy ron.
      1/14/14