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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (8489)	1/24/2002 9:31:18 PM
From: Joseph Shiebler	Respond to of 8925

I welcome this discussion since I am just beginning and making a lot of mistakes too. I think i remember a remark by T during the last paltalk that a half position is best when there is no direction. Some of the newsletter trade calculations use 3 percent of $25k as a hypothetical trade risk. This suggests that 1 1/2 percent risk is appropriate now. Any comments? Also, discussion of risk/reward estimation and target selection would help a lot.