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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Ken Wolff who wrote (615)2/28/1998 11:57:00 AM
From: Ken Wolff   of 2120
 
RISK - REWARD (Part I)

Every time you make a trade there is always RISK involved. I always ask myself, "Is it worth it?" I only invest in a trade when I feel the POTENTIAL is high enough to reward me substantially.

I feel that if my pontential for making profit is not that great (1/4 point or less), then the risk is not worth the reward. DO NOT get me wrong, I will accept any gain I get based on my methods of trading, but expections should be high IF you decide to enter a trade.

(continued...)

Ken
www.mtrader.com
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