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Strategies & Market Trends : LastShadow's Position Trading

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To: SpecialK who wrote (2759)11/18/1998 11:49:00 AM
From: LastShadow  Read Replies (1) of 43080
 
Ketan

I use 3 accounts generally, although I have 5 accounts - all with different brokers, and three main online ones. Although from the stuff I have heard/read about Brown, may move two acounts to them. Thaks for whoever posted that here btw. PM me if you have any other comments.

The problem is that one has to use judicious management of the accounts to keep them straight. One I primarily use for Position Trading, one is a high risk small cap/penny (read that as continually needing to put money into), and one for a combination of day/position trades. Which is which actually has more to do with wheter i ahd money to play a daytrade vs if I was doing some momentum or position holding. It works better because I can dedicate the accounts to sectors that are moving, seasonals, cyclicals, and leave the offine ones for investments or loger term holds.

lastshadow
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