short term trading - week starting: 24th sept, page-186

  1. 3,654 Posts.
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    Hi Mazwegian,

    Nice post, welcome from me.

    I’am sure you will get some + feedback from others on your post, and + advice in regard to stocks under 20c and stops, (Read a post from Freehold recently RE. Rules, Last weeks thread I think. Mentions loss of 2% of total capital.) I would say don’t let it stop you trading stocks under 20c just adjust your position size as to not break the 2% Stop Loss rule of total capital. It can still give you a sizable position witout missng out. I think another post I read recently possibly one of the mushings was max -8% loss on each individual stock/trade So if you have calculate stops around these %ages of total capital and position size and more importantly can recognise the correct time/day to buy so your stop should get hit. I think you will soon be improving your batting averages.


    Good luck, I gota run now but will hopefully catch up later.
 
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