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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (2493)1/16/1998 3:53:00 PM
From: Power Player   of 12617
 
Irby, its been my experience that trading without knowing the risk level of what one is trading is setting yourself up for a FALL. In general it behooves a trader to know which sectors are more vulnerable to "selloffs" (higher risk level) or "accumulation" (lower risk level) , with that knowledge at hand it is far easier to catch the right side of the action.

As you and i know, most succesful traders may trade only a handful of securities (or other financial instruments), if one were to know the risk level of those securities at all times it would certainly allow the trader to enter into a trade with a greater level of confidence.

PP
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