When you do enter a short trade, make sure you do it as a limit order or you could be in for a rude surprise.
One bad experience was more than enough !!! :D
Wait --- the cents or dollars per share is unimportant.
So I don't see any reason for the question. And as inferred before, if your trading 100 shares of $150 stock verses 2000 shs
of a $2 stock your cents per share outlook is certainly different.
Each trade should be measured by how it...
I set up an agreement with my wife that would in effect have me "pay" for the cost of the capital I took from our savings
Monthly I pay 1 % of the capital "invested" in my trading account back to our general funds - regardless of profit or loss.
Secondly I set up a formula for funds to be...
I have been day trading less then a month and besides "jumping" in too soon on my entries the following two problems have kept my profits down also and but I think I have solutions for both. Monday trading will tell!!!
1. I have in this short period left too many (eventual winning)
trades...
any time i had an R greater than -1, it was because of gaps or execution. once i enter a trade, i immediately entered my stop order. i really was disciplined, but some gaps and executions hurt me.
Appears at times that your R was too small. Bigger R but less shares may help you.