Live chat - Stop Losses and Position Sizing

With the market attempting to break the key 4800 area, and small and mid cap stocks running hard everywhere, it's sometimes easy to forget that we still need to apply consistent discipline to our trading accounts. Stop losses and position sizing should be seen as just as important in a running market as they are in tougher times.

The chat software trial last week was encouraging, so next week I am going ahead with the first of a regular series of live chats, where we will discuss the techniques for placing relevant stops and position sizes to suit your risk profile.

To allow for meaningful input from all involved I am limiting the chat to 12 participants. I have opened the chat firstly to all registered readers of the blog, and an email was sent this morning to all who have previously completed the registration form. If it's not in your Inbox this morning, it may have slipped into your junk mail folder, so please check there.

If you're not registered and would like to participate, you will find the site registration link on the right hand side of this page.

The chat session will be held on Monday 24th January at 8pm AEDST (that's 7pm for you Brisbanites!) I expect it will run for 45 minutes or so.

Cheers

Alan

Have you registered on our blog lately and not received an email reply?

I've spoken to a couple of people who have recently registered on the blog, and have mentioned that they never heard anything back from me. On investigating further we found my email in their junk mail folder.

If this has happened to you please check your junk mail and see if our email reply is there. Depending on your email program, either mark it as "not spam" or set a rule to allow all mail from an address containing "cfdtradersedge", and we should be OK in the future.

I intend to send an email to all registered traders tonight, with details on an upcoming chat session, so this should give you a chance to track down where the mail is going, if it isn't arriving in your Inbox!

Happy trading!

Alan

Chart focus video - 17 Jan 2011

A quick video up tonight...trying something different this time in putting a time limit on the videos. This one is 5 charts in 5 minutes...a short, sharp look at 5 mid/large cap ASX stocks. I'd love to hear what you think!



Alan