I've learned to do more research to be sure I really want to hold the stocks I buy. If price drops as soon as I buy then I want to be sure I am able to hold for a long time for them to rise again. I'm trying to limit the number of bail outs I have to take.
yes, I agree with the smaller size of trades strategy.
I also trying out buying trades just once a week and spending the rest of the week researching. Seems like maybe if I hit a bad day or a bad week, I'll lose only so much at that point. It also seems that it makes the few buy I actually do make better, because I've really looked into them.
I've tended to buy in 100 lots, but now I'm rethinking that if I must hold for a long time, my trading $ will be tied up in those 100 lots. What lot size do you folks tend to use?
Kris