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Pastimes : Learning To Invest Correctly - A Shared Experience
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To: Reginald Middleton who wrote (49)7/25/1998 9:11:00 AM
From: Poet  Read Replies (2) of 253
 
An elementary question:
I just made my first short-term trade: jumped into DGII right after it announced disappointing earnings and had dipped a few points, then jumped out after riding it back up over the next week. After commissions I netted only $117. I know it's not a loss, but it's not much of a gain either.
My question is this: How does one compute the amount of money to invest in a short term play? And do you figure out beforehand what each fractional movement up or down means to your wallet?
Poet
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