kiril - where to from here, page-36

joewolf

Can we agree to disagree.

Day trading is the hardest game in the world to make a living at. Not many can do it. At 2.0c a 0.3c move down (3 ticks) is a 15% loss in a day. You would not survive very long doing that. Good traders cover the downside first, where the stop goes and then the target. Amatuers think about the target first. Risk/Reward ratio of any stock at 1 or 2 cents is heavily to the downside unless one was privy to imminent good news.

Day traders who do not know what there doing are gamblers.