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Day Trading Arvo July 13, page-143

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mitis

6,737 Posts.

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13/07/23

16:47

Post #: 68774145
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Originally posted by Membling: ↑

Because entry point is more "universal", especially in day trading which is far more TA driven

Exit points are not.

For example, if you entered with $100k vs $1k, a 10% increase gives you $10k profit vs $100 profit. Be far happily trading out on a pip increase then those with $1k.

Same goes for stop losses. With $1k may be more willing to cop a 50% loss on that amount than $100k

Throw in each persons risk v reward profit
$100k to me is a huge sum, whilst to a multi, multi millionaire it is a fun flutter.

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ok fair enough thnx for reply
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