DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: id who wrote (1109)	6/19/1999 10:27:00 PM
From: Susan G	Read Replies (2) of 18137

It is definitely possible to successfully trade with a small amount of capital. I was able to more than double a 20K trading portfolio in 4 months by trading 25 - 75 share lots of the bluechip internets. Of course, this was not during the recent correction - it was 1/99 to 4/99. Although it was not enough to survive on, it was a great way for someone to start without have 50 or 100 grand to trade with. 25 - 75 shares may seem ridiculously small, but some days the upsides of only one of them, 50 shares X $20 was more than enough to make me happy. And splitting the $ between 5 or 6 stocks is wiser than putting it all into 1 or 2. Being new to trading, having a small amount of shares gave me more "room" or time to get out - since a newbie is not always quick enough! If my 50 shares of stock dropped 10 pts, which usually would take awhile, my maximum downside was $500. If I had 1000 shares of a $10 stock and it dropped 1 pt, I could be out $1000 in a matter of minutes. >If you believe you can do it, you can> Absolutely.

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