[Summerset]

WSI portfolio for 20/11/07 is attached in pdf format.

The standard Money managment tool for calculation of limit position sizes ia also attached in xls format.

NOTES:-

1- For C2, we are using 2.5-->3.5% risk exposure per position. This means we could lose 2.5 -->3.5% instantly on any individual position. And allows us to trade 8-9 contract sizes of 27-29 mini lots, all at once on a C2 account of size 100K. Leverage on C2 is only 33.33

By changing his account size, & allowed leverage in the respective xls slots, the trader can calculate his position size as related to a moderate 2.5-->3.5% risk.

2- Account allocation per contract on the C2 module is 11-->13%. Account allocation = the margin + Stop the trader is using to service the position.

Because we're mid to long term swing traders, not all our positions fill at once, and its therefore allowed to place limit orders on an account = 200% of the account size.

This is because as individual contracts fill, & move into positive territory, the % allocation allcocated to each contract drops from (Margin + SL cover) --> (Margin only), allowing the trader always more space for successive re-loading.

So by staying extended, the trader is diversified, and does not miss out any opportunities, that may mature within his selected time frame.


3- We are using 120pt stops. This does not mean that we would allow 120pt drawdowns on our positions. A 120pt stop is used as a standard, because this equals the max daily breadth of most issues we're trading. And being mid-long termers, we don't want to be stoped on daily spikes.

Also as we're switching soon to automated EA trading, positions will be filling immeaditely on signal at market, keeping the SL as a standard outside daily breadth range. (120 max).

Our targets are usually > 300 pts in the least.

And we don't anticipate drawdowns on individual positions in excess of 60-70pts at most. When that happens we interfere to hedge or close out at an intraday pivot level.

All the Best & profitable Trading.