What LOT size do you trade stocks ?

Discussion in 'Trading' started by Digs, Jun 14, 2003.

  1. Digs


    If you dont trade at least 3000 to 10000 shares how do you make more than $100,000 a year ..

    So what shares lot size do you trade on average ?
  2. IF we are saying average lote size 10,000 shares?!Then

    If your first trade is at least half position (some peolpe start
    with one third of a full position and if that is 10,000 shares/block
    which will be 20,000 to 30,000 shares full position and if you
    got right strategy, then i won,t be surprised if they make
    even a million dollor.
  3. You do it by holding for longer than 15-20 seconds and capturing more than 6-7 cents per trade. Last year I traded 1K-2k lots, capturing small and large multi-day trends. Even that was more work than I wanted to do, so I increased my acct size 5X, and now trade the same way but with 2k-10k shares. Huge difference.
  4. What is the minn. volume a stock should have to trade 10,000 shares or more?
  5. I think that depends a lot on the desired holding time of the trade. Scalpers probably won't do as well with stocks that trade 500,000 shares daily, but praetorian2 routinely trades low volume stocks because he is not daytrading.
  6. I remember when i just new to trading, i started trading QQQ
    10,000 shares and sometime holding overnight? it is nightmare
    when i think about it now.

    Even i have a sound mothed and know ten time more now,
    still not in a level to trade more than 3000shares full position

    Someone has to have realy confident in his startegy to trade 10,000- 20,000 shares in one position
  7. Digs


    57% trade under 1000 shares, so how do you make any money when thats only $100 for any 10c move....you must be swing trades that hold for a couple of days....
  8. I take quick moves in stocks as low as 40k shares a day...obviously not 10k share positions, but if you find opportunity with something moving, you can trade it.

    The trick is finding the opportunity and knowing what to do with it.

    Determining positions size is not as easy as "how many shares should I trade?" it is dependant on the size of the bid/ask and volume traded at the moment. If I am leaning on a size at the bid/ask and it disappears...what am I going to do, and how much can I lose if this goes bad?
  9. Making more than 10-30 cents profit, several times a day, is
    not that difficult, if you are experianced.

    Btw not every profitable trader makes $100k every year.
    For me even half that amount is called "success".

    Remember, trading is a business that you are your the
    boss and gives you life freedom, and not an easy way
    to become rich, especially these days, everyone is very
    knowledable and can,t stay avarage.
  10. Digs


    NO offence but surviving life you need at least $100k a year, unless you live with mum and dad...

    But success is what it is to you, not what it is to others !

    #10     Jun 14, 2003