Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (18516)	3/19/1998 10:08:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 27012

Sonny--- why limit to 500 shares? Use a cost per share or trade factor instead of share amount. The more shares traded the bigger the potential gain or loss--it is nice when on the gain side. Last fall I was trading 2 blocks of an issue totaling over 15K shares of an inexpensive issue. A 1/8 gain was nice but most trades were in the 3/8 to 3/4 range. That one was good for 1 - 3 trades per week for months. It became so tired of seeing the symbol it became a chore. At times it was impossible to track the exact amount owned --- my CPA thinks it still is. Even HWP can be traded many times over a year for a 5 point swing. Any issue that fluctuates in a range is worth a play. They just must be monitored and have strict exit points on both the up and down side. Seems easier to take a 1/8 over a block instead of trying to clear the same profit on 500 shares.