+559. was doing good until decided to trade MRO and got smoked. should have traded small sizes to try the new stuff. not a bad day overall. solid day! TheRocketeer, Happy trading, everyone.
I've often wondered if trading a "mini-portfolio" during the day with a maxLoss setting and profit target would be feasible. The different between 2-3 and 6-8 in terms of the volatility of the portfolio is big. One would think that 8 positions would have a significant smoothing effect. Of course, it depends on the correlations of the assets but here is a picture that makes a good illustration of diversification and # of different assets.