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hey. The thing is, dont think in $, think in cents... when you scale up to 200, do it from the begginning of the day... if you wait for a super safe setup to use the 200 it may happen that it goes wrong and you have to get it back on 100 shares. As a rule of thumb I never increase trading size...

I couldn´t agree with you more... if you´re passionate about your job, then money is just a possitive side effect.

what stocks are you trading?

yeah, the thing I hate about poker is not being able to scale out of a position if things start to look bad...

Pckage sizes depends a lot on the equity you're trading. Let me explain. If you're trading GE or PFE, then you can easily scale up to several thousand shares with no problem, you'll be just another one in the bunch... But if you're trading TOL or XOM, you probably dont want to have...

go trade

buy low sell high.

There you go, if you're a succesfull trader ... [I mean 7+ figures per year] hire Johnny Chan as your poker instructor...

if you're gonna get married, get a prenups...

really good post steve. Just wanned to add something to #3 ...Oh my Gawd it's down 50%, 60%, 70%, it's got to rebound, it's just got to!!... wait I can now buy some more of the stock and I´ll get a better price per share... I´ll make millions when it bounces back!!!

why do most traders lose? so that the few that win can make a lot of money... kinna of like the lottery, but not as random...

As in most things in life, I'll guess the thruth doesnt lie at either extreme, but somewhere in the middle. Dont get married to swift [or any other company for that matter] but dont discard them apriory either.

If you have your edge at reading the other players and have a good pokerface then live will be easier for you, if you get all nervous and start sweating everytime you get the nutz... then you should try online.

Yep Ive seen a couple of those in my days... They're quite easy to find in the club scene... Q, perhaps mr winky likes em a bit crazy dont you think?

yep, he sucks indeed. I guess all his anger is probably the BM's fault for not using kind words for letting him know howmuch...

when in fear, buy just one contract to get your feet wet... and slowly up the volume.

sure, and you do.

You're right, it is imposible to make risk zero. However you can optimize your risk, ensuring that you get the best posible return for a given risk. That's the whole point of building a portfolio or using a diversity of trading strategies... not putting all your eggs in one basket.

You gotta start somewhere...

http://www.swifttrade.com/ sao pablo, buenos aires, caracas, san jose...