The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: JustInTime who wrote (6134)	1/8/1999 8:59:00 AM
From: backman	Read Replies (1) of 90042

without dwelling on the specifics of my mistakes, the best thing I've learned in the last year re: trading is portfolio management. 1) Keep trade size to 3-5% of capital you're trading with 2) Don't allow loss on any trade to exceed 2% of capital 3) Don't enter a trade without a stop loss that you can live with, and respect it when it gets hit...don't hold your losers, waiting for them to come back Lots of stuff around on this Dr. elder (trading for a living) and William O'neill (How to make money in stocks) LOL david s

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