The Final Frontier - Online Remote Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Final Frontier - Online Remote Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Igor Nasonov who wrote (3767)	4/20/1998 7:04:00 PM
From: Sword	Read Replies (1) of 12617

Igor: MB Trading URL: mbtrading.com (Phone: 1-888-790-4800) When you open an account, I suggest you have a modest goal for the first month: Keep your equity in the account small (about 10,000) and scalp just enough to cover expenses. Don't try to make more profit than about 10%-20% in the entire first month. Pretend the brokerage is your business and you want to try to improve their bottom line. Pretend that everything above that is taxed at the corporate tax rate so you want to avoid building up too much cash. Of course, you have to protect your capital or the brokerage profits will decline. Try to follow these rules: 1. Be sure you are always flat whenever you leave the screen to take a break or at the end of the day. That way, you'll always have cash to scalp when you return and you will prevent any losses from running. Keep your eye on the Level II, tickers and the charts. 2. Try to concentrate on the first and last hours of the trading day. Leave the middle parts to the pros who have lots of capital. 3. Always trade high volume stocks with medium volatility. 4. Keep your losses to an eight. Happy trading. -Sword

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next