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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Chris G. who wrote (511)10/17/1997 6:58:00 PM
From: Dan Celestino   of 12617
 
Chris,

If you are new to Daytrading or trading/investing, I would start out with the bare minimum 2000-2500. You should prove to yourself first that you can actually turn a profit. There is no reason to put more at risk while you are learning.

I would set a goal of 10% increase every 2 months for the next 6 months. This may sound easy if you've been reading all the hype on some of the other threads but believe me it's not. Winning trades (especially on Margin) can give you 20% or higher returns on each trade , but you will run into losing trades (many of them) and this is something you do not read about on these threads.

I consider myself a seasoned trader/investor and still find it very difficult to squeeze out a profit every month.

Dan
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