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Strategies & Market Trends : Trading For A Living
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To: Mad Bomber who wrote (969)7/20/1998 12:03:00 AM
From: Darren   of 1729
 
How many positions do you typically have open at one time?

I have multiple accounts, but only two day-trading accounts. One is for 1-3 day stuff using the web broker routine, one is for pure day-trading, using the advanced Cybertrader software. I could only manage one daytrading account at a time, but I know people that manage multiple accounts. I do not day-trade with IRA money, only Risk Capital. My day-trading account typically never has more than 3 positions open at any one time. All other accounts hold only one position each, including IRA's. This setup is probably somewhat unusual...some people put all their positions in one or two accounts.
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