Discussion in 'Trading' started by ggoyal, Mar 7, 2007.

  1. ggoyal


    hi guys, i was reading this stuff about jesse livermore(legendary trader) and he says u must buy and sell in lots. it does make a lot of sense because u minimize ur loss. of course it will cut into ur profits too,but u will have less losses.

    How does scaling work for very short term trades. say if ur in a trade for 20 minutes where u want maybe 20 cents or so. how do u scale with that? he says u should buy in lots of five. im gona try to do it. not much harm in it. he sold his stocks in lots too.

    if someone traded retail and scaled, they would be spending an enormous amount in fees. if u use interactive brokers, u have to trade a minimum of 1000stocks right? im not sure of IB.

    yalls take.........