Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Melissa McAuliffe who wrote (477)	2/10/1998 10:54:00 PM
From: kimberley	of 2120

<< Assuming I get a good comfort level with this, I will always trade the same number of shares and can project my profit using points much more easily At least this is what I am thinking. >> Melissa, first of all, good luck with your trading. it seems as if you are trying to find out everything you can, as well as testing the waters with real trades ( I think that's the best way... lessons are remembered longer when it's real money<g.). re always trading the same number of shares... you might want to be more flexible than that. several things influence that decision for me, including volume, volatility... and the situation surrounding the move. I think different stocks can give you different odds of success, and if you are really confidant the situation warents it, you might trade more shares. hope this helps... i've been trading for a while, but still try to learn something every day. again, good luck to you. best, kim

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