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Strategies & Market Trends : Trading For A Living

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To: Rick Slemmer who wrote (861)	7/11/1998 2:25:00 PM
From: Char	Read Replies (1) of 1729

Thanks Rick. It sounds like good advice but it's going to take me awhile before I'll feel confident enough to trade 5,000-10,000 shares of a stock. Until I'm sure I can make money at this I'll probably stick with 1000 max. I think most of my losses would have been prevented if I wasn't trying to limit my losses to 1/4 point. When I looked at the 3 minute chart of DELL it seemed that the average three minute candlestick had a range of over one point yet the stock was in a definite uptrend at the time with higher lows and higher highs. I don't see how anyone could hold their losses to 1/4 point and still trade this stock yet I tried. So much for hindsight. Dave

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