Strategy changes as your line increases

Discussion in 'Professional Trading' started by brigreene, Nov 18, 2002.

  1. brigreene



    (NOt sure where to post this, so I put it in a couple of places)

    I am not a professional trader, yet after earning a strong return over the past year and a half, I've seriously considered doing it full-time. I've interviewed w/ FNYS and Hold Brothers as a start, but am not sure I want to continue the interview process, the reason being that I believe trading is truly an individual game, and that any attempt to follow advice as they would want, would only screw me up.

    Using the return I've earned to date and extending it out over the next 5, 10, 20 yrs, etc., I've determined that I can still make a (small) fortune trading on my own.

    My main concern is this -- as my portfolio grows bigger and bigger, at what point will I not be able to trade as I currently do? That is, at what point will my account size be a hindrance?

    Right now, I hold anywhere between 0 and 8 positions. No matter how many positions I hold, I usually put in about 1/4 of my equity into each trade. Now, say in 10 yrs, I have amassed $10Million. Will trading $250k be as simple as it is for me know, when I trade about $2,500 for each position? Or is $250K still small enough where everything is pretty similar, only commission changes?

    Thanks for any advice and input in advance.