I'm going to start with a fairly modest $5,000 and see what happens. Due to the size of the portfolio and in order to avoid using unsettled funds during the 3 day turn around after each sell, I'm going to have a 2 trade cycle with a max of $2,500 in each trade. If/when the portfolio grows I might bump up that max-per-trade.
I plan on following Jason Bond's alerts pretty closely. Won't be doing too much stuff on my own, especially entries... exits I will exercise a little more flexibility with.
Now, in order to keep all my bases covered, I need to post a bunch of cliche, generic, disclaimer stuff below. Please read through it if you get confused about anything.
Jasonbondpicksreview.com is not an investment adviser This blog is simply a record of trades made with a "paper trading" portfolio. Paper trading is also known as simulated trading. To learn more about paper trading click here. All aspects of the portfolio and its trades are simulated and hypothetical. All references in this blog to dollar amounts or percentage gains or losses are referring to "paper trade" or "simulated" values. (I highly recommend, when you subscribe to Jason Bond Picks, you paper trade with TDAmeritrade, or investopedia for the first week or so in order to get used to Jason Bond's alerts and trading style. You cannot go wrong with paper trading; buying $1000 worth of XYZ, real or simulated, and selling after a 25% increase, real or simulated, will give you $250... real or simulated). Jason Bond's buy and sell alerts are part of a paid service and, therefore, to avoid compromising his service all buys reported in this blog will have the stock symbol represented by the word "blank" until after the stock has been sold at which point the blog post will be edited and the word "blank" will be replaced with the appropriate stock symbol. Due to the size of the portfolio, not all of Jason Bond's alerted trades will be followed. Obviously any results, good or bad, recorded in this journal are not meant to guarantee that other subscribers to Jason Bond Picks will have similar results (although I certainly hope they will!)