This is where position sizing comes into play. Personally I position size everything from robot trades to discretionary trades. I never use a fixed $ amount or a fixed account %.Because the robots do use volatility-based stops, current high volatility would force them to enter new positions with initial stops 8-10% away from entry.
Last edited by Rembert; 10-20-2011 at 05:40 AM.
Billy--
Your thoughts on the matter are themselves very precise. And I appreciate them very much.
To know you and Pascal have worked with Dr. Kacher on these problems is once more confirmation of the high standards found here and how fortunate I am to have found you all.
(In truth, I followed a little trail: IBD --> Morales/Kacher --> HGSI --> Paul Duncan --> Value in Time and now the EV website. This trail is highly recommened).
Best,
I, too, found my way here through the Gilmo Report in 2009. Indeed a great path to follow, Nickola!