In the attached link below: You will see an AGGRESSIVE style of using the alerts:
We rarely do more than 2-3 alerts per day and rarely have more than 2 open alerts at once.
According to my recommended allocations you will rarely use more than 50% of your equity at any given time BUT that obviously just depends on YOUR account size and YOUR risk tolerance. You will be the ultimate judge of this.
The $ amount you allocate to each trade is your decision.
You can allocate more or less then the recommended allocations.
The average stop loss is less than 5% from entry.
We do both day and swing trading and we tend to cut losing or non performing trades very quickly.
The following spreadsheet assumes you have a $50,000 account and does not take into account commissions as every trader's commission structure is different and can vary dramatically from one trader to the other. But just know this, that since i started the Art Of Trading service, we average about 8 round trip trades per week. So you can calculate what YOUR commission would look like knowing that on average we do 8 trades per week.
Art Of Trading Alerts Performance:
(This is the CURRENT way i run the alerts NOW, in which both SWING trades and DAY trades are of equal size and considered full size positions.)
https://spreadsheets.google.com/pub?key=0Apu8AUDSKBzAdHFXQm1aTnNjcDNOQll...
In this spreadsheet(shown below) is the older method used here in which SWING TRADES were 1/2 size trades and DAY TRADES were full size trades.
https://spreadsheets.google.com/spreadsheet/pub?hl=en_US&hl=en_US&key=0A...