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Strategies & Market Trends : The Home Run -- Ignore unavailable to you. Want to Upgrade?


To: gold 77 who wrote (116)5/23/2006 9:58:52 PM
From: Patrick Slevin  Respond to of 525
 
Believe it or not a 50K account is a fair number in commodities.

It does not take that much money to make a fair amount of money. Why would you need much more?

If you think about it, you could set up your trading account each January with 50K and allow that to be your entire Risk Capital for the year.If you make more you take it out in December, start all over with 50 next January. If you lose it all, you go flat until January.

That way you know what you have at risk.

If you are having a bad year you just quit. Frankly, I've been doing this since 1977 or so, and I've gone flat myself at least a few times over the years.

Glad you are doing well.