trade size ...

Discussion in 'Professional Trading' started by 7rader, Feb 14, 2009.

  1. 7rader

    7rader

    hes talking about google so hes probably refering 4 point move as a 4 dollar move.
     
    #11     Feb 18, 2009
  2. saico

    saico

    I trade APOL exclusively. 1st half at +.25, 2nd +1.00. Works great for this stock.
     
    #12     Feb 18, 2009
  3. 7rader

    7rader

    hey saico,

    how many shares u trade?
     
    #13     Feb 18, 2009
  4. saico

    saico

    Small size 7trader. Not worth to mention it. :D
     
    #14     Feb 18, 2009
  5. lpchad

    lpchad

    Thanks
     
    #15     Feb 18, 2009
  6. Such simplistic formulas are likely to dampen productivity.

    If I have a 20 cent out, and I have 1000 shares... means I'm willing to take a risk of 200$. If I find a seldom setup with risk =10cents/reward>40 cents I may buy 2000 shares.

    Try writing down various r/r scenarios... size management will appear more of common sense.
     
    #16     Feb 19, 2009