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RE:RE:RE:RE:RE:So YOU (US/IMF/EU) LENT Your Debtor Too Much Debt???

[Contra_Man]

To:	highlandmist
Date:	1/20/2016 4:50:56 PM
Subject:	RE:hi can you help explain? regards

// HI I am trying to follow your posts (UDOW). Can you explain quickly what (12) long positions means? Are you taking out 12 positions with all different stops? Why not just take out one or two. Thanks for your time in answering

Excellent question Highlandmist. Positions are logarithmic trading units we use to pattern either a SELL or BUY of falling knifes typically. Each unit is defined as a exactly one board lot or 100 shares. Small investors could use 1/10th positions and large institutions x00's or x000's if the float allows.

Each additional SELL or BUY is then simply one additional board lot, or 100 shares. Thus, our progressive (or regressive if we are selling) logarithm is defined as the number of shares held +100 as compared to the initial position in the target security. Units are therefore defined by the following trading block calculations:

Units Authorized NEW BUYS/NEW SELLS INVENTORY

1st unit 100 shares +100 100
2nd unit 100+100=200 new shares +200 300
3rd unit 200+100=300 new shares +300 600
4th unit 300+100=400 new shares +400 1000
5th unit 400+100=500 new shares +500 1500
6th unit 500+100=600 new shares +600 2100
7th unit 600+100=700 new shares +700 2800
8th unit 700+100=800 new shares +800 3600
9th unit 800+100=900 new shares +900 4500
10th unit 900+100=1000 new shares [phone]
11th unit 1000+100=1100 new shares [phone]
12th unit 1100+100=1200 new shares [phone]
13th unit 1200+100=1300 new shares [phone]
14th unit 1300+100=1400 new shares [phone]
15th unit 1400+100=1500 new shares [phone]

Double over-weight is max. allowable by constraint and therefore is limited to 30 positions in any one of 40 single securities which is effectively 200% o/w, or also defined as a max. 30/15 over-weight allocation being equal to 24,000 shares in total available to be held in Fund inventory (if vol held in 000's). 

If we added 2 positions (from a fictional present holding of say, five (5) units held in inventory, we then need to BUY 1,300 shares which is comprised of 6th and 7th units (or 600 shares + 700 shares = 1,300 shares that now need to be purchased). [color=2] Each unit has -11.52% trailing stop loss on close being applied at each purchase over the time period stated. [/color] Unless stated as positions added & filled, adding two positions allows for two seperate purchases over the next two trading days in order to entertain dollar cost averaging techniques. ACB is Adjusted Cost Base (ACB) and is simply the total purchase cost of target security as divided by shares purchased over a period of time in order to find (calculate) your starting, or resting Adjusted Cost Base (ACB) for tax purposes.