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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (6099)1/26/1999 4:24:00 PM
From: Archie Goodwin  Respond to of 56535
 
Was that the ASTM resolution?

Regards

A.G.



To: Trader J who wrote (6099)1/26/1999 4:48:00 PM
From: BANCHEE  Read Replies (1) | Respond to of 56535
 
Trader J
One thing I have learned is that you
could spend $30,000 for 2ooo shares of lets say NAVR
and make a point or two or you can spend say $4,000 or so
for 2000 shares of something like ITEC and walk away
with the same amount of profit in you pocket with a lot
less $$ risk..As traders we learn when to make such
decision. And you don't have buy 2000, you could buy
1000 or even 500. What I'm trying to say is that less
$$ out of pocket with same results..Down side risk on
this was maybe a point or so. Up side no limit...
Can't fight the tape..Again vol is key..
Banchee