I like to cap my positions to 700 to make it simple...ince my money management method dictates me to take a max of $700/day trade only
It also always me to take more trades because if say I just need to risk .5R on a trade and I will say double my position, there is a risk that the position will not move and will tie up my capital.
2 comments:
Just read your interview @ stocktickr.
Question for you. Any reason all the size of trades is 700?
I like to cap my positions to 700 to make it simple...ince my money management method dictates me to take a max of $700/day trade only
It also always me to take more trades because if say I just need to risk .5R on a trade and I will say double my position, there is a risk that the position will not move and will tie up my capital.
Post a Comment