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Strategies & Market Trends : Swingtrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: sammy who wrote (25)10/4/1999 10:57:00 AM
From: William W. Dwyer, Jr.  Read Replies (1) | Respond to of 551
 
Thanks, Sammy, we'll see what Brandon says on it. I suppose it's either gonna be risking maximum of 2% on any one trade, or 2% total of one's total account on ALL the trades open at one time.

Frankly, I think the second is a bit too conservative. So, I think he'll recommend 2% risk on a given trade, but limiting the number of simultaneous trades depending on two factors: (1) the trader's ability and performance record, and (2) the current general market climate.

Bill