Monday, February 12, 2007

Slapping the Laggards... And a Note on Trailing Stops

CTEX is trading about 14.3% below our entry point right now... KEP is flat, and getting out of our calls early is looking like a better decision by the day (remember, we took a 66% gain on our calls in a few short weeks). SLUP is still trading down about 11%.

What to do with these laggards?

Fortunately there is an answer...

Do nothing.

The time to act is when our trailing stops are hit or when I tell you to exit a position (there is no TS on KEP or SLUP, so I will update you if we ever want to exit these long-term position for any reason).

Again, the TS on CTEX is .0042.

On a brighter note...
  1. We're up 55% on CECO...
  2. We're up 17% on Kookmin Bank...
  3. We're up 12% on Bunge...
  4. We took profits of 33% and 66% on our KEPCO calls...
We'll soon add another new position to the portfolio...

Smooth sailing,

James

4 comments:

Al Murauski said...

Hi,

How can I contact you? I want to talk about trailing stops (adaptive).

Al Murauski said...

Well, still no answer...

I contacted you to invite you to be a betatester of Sell@Market, a web based service that is designed to protect gains an cut down losses while stock trading. It is based on adaptive trailing stop. Adaptivity means the stop percent is adjusted daily according to the volatility of each stock individually.

If you are interested in getting free account for the system, please, contact me by

service at sellatmarket dot com.

Thanks!

James Livingston said...

Al,

Thanks for the invite... I would love to work with you on the beta testing... Trailing stops are integral to my investing approach, and I am very interested to see what you have to say on the matter. What is a good email for you?

James

Anonymous said...

Симпатично СХАРП порука. Никада не мисли да је ово лако. Ектолмент за вас!