hey burbx, i bookmarked that thread now; i think there are a lot of info that I have yet to gone through.
bill, i see what you're saying. i guess it's all relative, and have to find best strat for certain capital size.
thanks for the reply bill;
from your experience of risking 0.2% - 0.5% of the portfolio for position trades; how long do they last? and how wide would you put the stops ?
I think 10% is reasonable, but given 0.2% risk, suppose you have $25,000; then you're risking $50, so if i were to...
this is for people who don't day trade but swing/position trade.
What is your risk management system?
The one idea I want to implement in my future plan is to make use of elder's apporach: risk max of only 2% of capital for each trade then set wide stops(15%?), and max 6% of capital at any...