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Strategies & Market Trends : DAYTRADING Fundamentals

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To: wallstreeter who wrote (2734)8/13/1999 4:25:00 PM
From: Rick Faurot  Read Replies (1) of 18137
 
ws,

congrats on your first day of trading. I wd echo something S$ said: Trade in 100 share lots. I would also pick out some quality stocks that trade at least 3 million shares a day so that you have enough liquidity to bail on positions with a reasonable stop loss. And just because you have an active account now doesn't mean you have to trade every day. My last trade this week was on Monday, a modest winner. I didn't like the market the rest of the week so I took notes and watched and I feel fine about that.

best of luck with your trading career!

Rick
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