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What LOT size do you trade stocks ?
- Thread starter Digs
- Start date
IF we are saying average lote size 10,000 shares?!Then
If your first trade is at least half position (some peolpe start
with one third of a full position and if that is 10,000 shares/block
which will be 20,000 to 30,000 shares full position and if you
got right strategy, then i won,t be surprised if they make
even a million dollor.
If your first trade is at least half position (some peolpe start
with one third of a full position and if that is 10,000 shares/block
which will be 20,000 to 30,000 shares full position and if you
got right strategy, then i won,t be surprised if they make
even a million dollor.
You do it by holding for longer than 15-20 seconds and capturing more than 6-7 cents per trade. Last year I traded 1K-2k lots, capturing small and large multi-day trends. Even that was more work than I wanted to do, so I increased my acct size 5X, and now trade the same way but with 2k-10k shares. Huge difference.Quote from Digs:
If you dont trade at least 3000 to 10000 shares how do you make more than $100,000 a year ..
I think that depends a lot on the desired holding time of the trade. Scalpers probably won't do as well with stocks that trade 500,000 shares daily, but praetorian2 routinely trades low volume stocks because he is not daytrading.Quote from stoploss:
What is the minn. volume a stock should have to trade 10,000 shares or more?
I remember when i just new to trading, i started trading QQQ
10,000 shares and sometime holding overnight? it is nightmare
when i think about it now.
Even i have a sound mothed and know ten time more now,
still not in a level to trade more than 3000shares full position
comfortabley.
Someone has to have realy confident in his startegy to trade 10,000- 20,000 shares in one position
10,000 shares and sometime holding overnight? it is nightmare
when i think about it now.
Even i have a sound mothed and know ten time more now,
still not in a level to trade more than 3000shares full position
comfortabley.
Someone has to have realy confident in his startegy to trade 10,000- 20,000 shares in one position
Quote from inandlong:
I think that depends a lot on the desired holding time of the trade. Scalpers probably won't do as well with stocks that trade 500,000 shares daily, but praetorian2 routinely trades low volume stocks because he is not daytrading.
I take quick moves in stocks as low as 40k shares a day...obviously not 10k share positions, but if you find opportunity with something moving, you can trade it.
The trick is finding the opportunity and knowing what to do with it.
Determining positions size is not as easy as "how many shares should I trade?" it is dependant on the size of the bid/ask and volume traded at the moment. If I am leaning on a size at the bid/ask and it disappears...what am I going to do, and how much can I lose if this goes bad?
Making more than 10-30 cents profit, several times a day, is
not that difficult, if you are experianced.
Btw not every profitable trader makes $100k every year.
For me even half that amount is called "success".
Remember, trading is a business that you are your the
boss and gives you life freedom, and not an easy way
to become rich, especially these days, everyone is very
knowledable and can,t stay avarage.
not that difficult, if you are experianced.
Btw not every profitable trader makes $100k every year.
For me even half that amount is called "success".
Remember, trading is a business that you are your the
boss and gives you life freedom, and not an easy way
to become rich, especially these days, everyone is very
knowledable and can,t stay avarage.