Vadym,
Thanks for your response. Being a little new to this, I have a few more questions for you, if you don't mind. I am sure that you've probably heard them before, and probably answered them in the past. First, how many trades do you execute per day, and what is the average size per trade. In todays e-mail from RT I saw 11 trades executed, if that's your average, did you ever trade a lot more than that, and now your trading sort of evolved into a lot less trades. My problem, is that my average is usually around 80 trades per day, and while I have trades where I make 1 to 2 dollars per trade, there is only 1 to 3 trades like that, with the rest being 1/16 to 1/2 point profit and 1/16 to 1/4 point loss. That might sound good, however the large amount of trades including commissions eat up a large portion of my profits. Second, how long do you typically hold the stock for? Once you buy it, what is the typical amount you would allow yourself to lose, before you sell it?
I hope this is not a lot of questions for you to answer,
Thanks in advance
Alex. |
