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To: Suresh who wrote (24351)	11/11/1999 12:42:00 PM
From: shasta23	Respond to of 70305

Hi Suresh! Thanks for all the tips. Meaningful stops are what takes away the stress for me too. That relates to the position size and the expectancy of the trade. It also has to do with risk i want to assume in any given trade. I know that a lot of people are risking somewhere between 0.5-2% on their portfolio on each trade if they have a defined risk control. I'm actually on the lower end of this scale right now which definetely hurt performance too(risk and reward are related) but as long as i don't have a proven discipline of entering and exiting positions i want to keep the risk small. This is also a mental discipline. Before trading i thought i was disciplined but trading has shown me some other more impulsive sides in me. But now I'm getting closer to a clearly defined routine in entering and exiting and then i will be able to increase position size. Hopefully that makes any sense. But i will look in small positions in the Hots. They are in my Metastock database under HOT CLINT!! hahaha... Stefan