Money Management

Discussion in 'Risk Management' started by major, Jan 20, 2001.

  1. major

    major

    I would like to start a thread on how other daytraders use money management in their trading for a hypothetical $100,000 trading account. Information that would be very helpful to me is how much of one's trading capital should be risked on each trade, how to divide the capital for different plays, maximum dollars exposed overnite to one stock, effective use of margin, ect. I trade full time and do mostly swing trading, but being a conservative trader I often find myself not utilizing my trading capital very effectively. Ideally, a combination of intraday and swing trading would be my goal, but I am much more profitable on my swing plays that last 2-5 days. Thanks for the help!
     
  2. Daal

    Daal

    you welcome!