spot on jongo, and thanks for the reminder .....the amount invested should be worked backwards from the amount you would be prepared to lose on a particular trade - a lesser amount invested on a more volatile stock and a greater amount on a stock of low volatility........ and equal amounts (based on the stocks volatility) with each wager means that even if you have just a 55%/ 45% win loss ratio you are in front...
the conundrum comes when you are really strong on a particular stock or view as to how much of a greater proportion you might put into to that .
its easier than you think to get locked in on a stock or a belief - as we have both experienced
I would not have had such a disproportionate amount on one stock stock even 15 years ago..... that's why I am questioning whether I am past it...... my discipline has been pretty good up until this, so will soldier on........
that you have taken the time to spell out your thoughts is appreciated......
