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Strategies & Market Trends : The Player's Club
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Mary A Young who wrote (10682)8/17/2000 10:12:24 AM
From: Chip McVickar  Read Replies (1) of 11513
 
Welcome Annie,

Trade any contract size you wish. Losses and gains are relative to the risk of contract numbers.

There are 3 basic challenges:
1) Develop an ability to enter trades in the winning direction.., day trading, overnight or positionally. This can be done with any method, system or intuition, but the hope and goal is that whatever you use will be consistently true..!

2) Know when to get out...!

3) Money Management.... Keep what you make..!

My Best,

Chip
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