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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Dave O. who wrote (4397)9/24/1999 8:18:00 AM
From: Magnatizer   of 18137
 
Dave

Good addition. I do have a profit objective on a weekly scale. I have used daily but found myself getting into positions toward the end of day when I struggled in the morning. Going to weekly goal has lowered my number of trades and I feel I am getting into stronger positions.

As far as % of capital at risk per trade I keep that easy... I only trade 15% of my investment capital. Other 85% is in mutual funds. Since switching to futures trading (99% of which is sp minis) has allowed me to put 100% of trading capital on the line in a single security.

Gotta go... Ryder cup on today..... GO USA!

ht
david
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