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Strategies & Market Trends : Daytradng 101... A place to ask simple questions.
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To: Dave Campbell who wrote (6)2/15/1998 5:22:00 PM
From: Satyr  Read Replies (1) of 32
 
If your really talking newbie trading I don't thank they should start out looking for 1/8s and 1/4s. The timing necessary to accomplish that type of trading is just to demanding for them. Also I feel that most newbies have the inability to take a loss when necessary which makes tiny profits unprofitable. I would suggest they try to find places to trade where they can limit their loss to 3/8 to 1/2 points and be looking for twice that in profit. Then as they hone their timing skills they can look shorter. IMHO.
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