Utley Expected To Be Available Via Trade - RealGM Wiretap

The Phillies have said that they won't sell off any of their pitching  http://www.teamnflpackersshoponline.com/Youth-Davante-Adams-Packers-Jersey/ , but Chase Utley hasn't been labeled as untouchable.

"I think Chase Utley will be on the market," a rival executive said.

Utley is about to become a free agent and could help a contender down the stretch. He has the power to block a trade to eight teams.

Manfred Finding Proper Wording For Slide Rule Is Difficult - RealGM Wiretap

Rob Manfred says player safety, and protecting infielders in particular, is "really high on our radar screen  http://www.teamnflpackersshoponline.com/Youth-Datone-Jones-Packers-Jersey/ ," but he admitted that finding the proper wording for a new rule governing slides will be "difficult."

"I hate to admit this," the commissioner said, "but I think the way we had to work through the home-plate situation gives you a feel for how difficult it is to write that kind of rule that involves in-game action and an important part of the game."

Manfred began thinking about the issue even before Chase Utley's controversial slide broke Ruben Tejada's leg this week. When Jung Ho Kang was injured on a similar slide in September, he said  http://www.teamnflpackersshoponline.com/Youth-Damarious-Randall-Packers-Jersey/ , it was the type of incident that "brings it into focus how damaging it can be to a club and, obviously, to the player."

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I started trading in 1984 and like many novice traders I lost a few thousand dollars. But in 1985 I started to get the hang of it and I managed to make a few HUNDRED dollars. And by 1986 my bottom line was close to 6 figures. I really never looked back after that. I have traded accounts of about $3,000 and I have traded accounts in excess of $6  http://www.teamnflpackersshoponline.com/Youth-Corey-Linsley-Packers-Jersey/ ,000,000. And I have traded them all about the same way.

Curiously I found my success a little perplexing. I used a simple break out system that got me in one day and out the next. I did not day trade. There are many published variations of this simple system and it clearly was not rocket science. This trading style did not seem too risky and yet, for me, it was yielding annualized gains approaching 100% year after year. This kind of performance flew in the face of conventional thinking regarding performance and risk.

I gradually began to develop theories regarding market behavior and money management that might help explain why this simple approach to trading did so well.

I am going to discuss in this article one of the most critical of those theories  http://www.teamnflpackersshoponline.com/Youth-Clay-Matthews-Packers-Jersey/ , my theory of margin efficiency.

To explain my theory of margin efficiency I am going to discuss a simple study I did using only one market over a 34 day period of time. In and of itself this study proves nothing and it is used here only to illustrate my theory of margin efficiency.

I tested two systems I shall call simply LONG TERM BREAK OUT SYSTEM and SHORT TERM BREAK OUT SYSTEM. The single NASDAQ market I used was SEED, Origin Agritech Limited. I tested the systems over a 34 trading day period, 112409 to 011210. Using my money management strategy both systems bought and sold 80 shares for all trades. This number of shares is calculated to limit the cash margin requirement to approximately $1,000 per trade. During this time period SEED put in a range of about $6 to $14.50 per share. I consider this to be a very volatile market and hence a very good market for my trading strategies.

These are some of the numbers coming out of this study:

Two systems:

-Long Term break out system

-Short Term break out system

Test from 112409 to 11210 (34 trading or "Study" days)

LONG TERM SYSTEM made one trade lasting 34 days.

It bought 80 shares of SEED on 112409 at 11.74 (cash margin requirement $939)

It sold 80 shares on 11210 at 14.14

Net Profit $192 - $10 transaction costs = ACTUAL NET PROFIT = $182

SHORT TERM SYSTEM Made 6 trades buying and selling 80 shares each time.

The 6 trades lasted two days each buying at an average price of 12.00 (average cash margin requirement $960)

3 win totaling $451

3 losers totaling $259

Net Profit = $192 -$60 transaction costs = ACTUAL NET PROFIT = $132

Now this is my formula for calculating margin efficiency:

Margin efficiency (ME) = ((Study Days Days in Market) * (Actual Net Profit cash margin)) * 100

That should read number of Study Days DIVIDED BY days the trade is in the market TIMES Actual Net Profit DIVIDED BY the required cash margin (price times number of shares) TIMES 100.

Now let's plug in the numbers for each system:

LONG TERM SYSTEM:

ME = ((3434) * ($182$939)) * 100 = 19.38

SHORT TERM SYSTEM:

ME = ((3412) * ($132$960)) * 100 = 38.91

The ME for the SHORT TERM SYSTEM is twice what the ME is for the LONG TERM SYSTEM. What does that mean? IN THEORY it means that a portfolio of ME 39s should make twice as much money as a portfolio of ME 19s.

In order to understand this better let us return to our study. The LONG TERM SYSTEM makes $182 in 34 days but there are no unused days. During those 34 days a trader can only trade ONE market using the allocated cash margin requirement.

The SHORT TERM SYSTEM  http://www.teamnflpackersshoponline.com/Youth-Bryan-Bulaga-Packers-Jersey/ , on the other hand, makes less, $132, but it is only in the market for 12 days. That means that during the 34 study days there are 24 unused days and that means that other markets can use those blank days without increasing the margin requirement.

Now if we fill up those blank days with short term trades from other markets that means we can make a lot more money in the same amount of time with the SHORT TERM SYSTEM than we can with the LONG TERM SYSTEM without increasing our margin requirement. How much mo.