Upping position size/# of positions

[rtharp]

Originally posted by LelandC
I wanted to throw this question out and see what kind of responses I get...

I used to know of a couple of traders that would trade lots of positions at once (ie sometimes up to 200 or so). The average position size was about 1000 shares so the risk was spread out over many different stocks. I think that this style of trading was used by several trading firm during the late 90's....



Leland

200 positions......5000 shares a piece? You love Risk don't u Leland?
Usually when you have more positions you want less size not more. Just like when you have stops further away you have less size.

Robert

 

[darkhorse]

Originally posted by trdrmac

My experience is the best in all of the above learn how to think. quoting Plato is not thinking anymore than memorizing Fas 105. But understanding and extrapolation are what causes progress.

True.

My post was tongue in cheek- I just find it amusing when the mother of all disciplines is dismissed as trivial.

 

[Andre]

My post was tongue in cheek- I just find it amusing when
the mother of all disciplines is dismissed as trivial.

Thankyou. I have a witness.

 

[LelandC]

Robert,

I was talking about trading 5000 share positions in only a handful of stocks (not 200 positions). Just wanted to clear that up as I am a very risk adverse trader....

Leland