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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (1268)6/22/1999 6:50:00 PM
From: TraderAlan  Read Replies (2) | Respond to of 18137
 
OJ,

500 shares can get you $200 or $2000. Its the opportunity cost thing. If I were trading 500 shares my style, I'd be content with a $300 profit or 3/4 pt and out in 30-45 min. If I were position trading it, I'd be looking for 2 to 4 points.

It's just me and I'm real conservative (don't trade Net stocks or their cousins much). Everybody out there is trying to hit the home these days so I concentrate on being a high percentage single and double hitter (double in the baseball sense <g>.)

Alan