Equities & Stocks: Stock Trader

Sunday 13 January 2013

Stock Trader

Stock Trader Details

The profit and loss report we post daily is based upon the precise day trades our Senior Trader conveys during our daily live webcast from 8:30 A.M.-12:00 P.M. CST. It is not be assumed that the Senior Trader or ProfessionalStockTraderLive.com ("PSTL") is recommending or placing these trades in any account. Broadcasting of these is done to assist in learning technical analysis and for educational purposes only. Individuals can follow along and make the same trades at their own discretion or not make any. The strategies and position size the Senior Trader uses will vary from day to day based upon market conditions and technical factors. During these daily live webcasts he will reference buying a certain percentage size position in a stock. Following our guidelines; a 100% position size would equal 1,000 shares, a 50% position size would equal 500 shares, etc. All day trades the Senior Trader broadcasts usually will not exceed a full position size of 1,000 shares. The Senior Trader may call a 50% position, 500 shares and then add an additional 50%, 500 shares. This allows for some flexibility on a trade and prevents one from over committing initially and over leveraging.The Senior Trader may also do the same while closing out a day trade, sell 50% of the position, 500 shares and then sell theremaining 50%, 500 shares. The Senior Trader may leverage a position by using stops effectively as opposed to buying larger position sizes. The broadcast has the goals of maximizing gains whilelimiting losses. Daily goals are not established for profits. Rather, technicals of the trade determine the profit or loss. Not putting trades on by using proper technical setups and not managing the trades through proper stop management only eats away the risk/reward ratio and inevitably turns it upside down, against an investor.

Stock Trader