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

To: Cormac who wrote (5170)11/3/1999 8:43:00 PM
From: Dave O.  Read Replies (1) | Respond to of 18137
 
< ...what size positions do people generally trade... >

I don't trade a fixed number of shares but I do tend to trade a fixed amount of $$$, plus or minus 15%. So I determine the number of shares I want to trade based on the stock price. I might trade 1000 shares of a $25 stock but 100 shares of a $250 stock like QCOM. Reason? I want to keep the amount of capital as risk in any single trade in the same ballpark relative to my total trading account.

Dave


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