- Joined
- 27 January 2005
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Richkid - I'm intrigued by the $2, 4 & 6K scenario.
I thought techs original 5k was a good figure.
Do serious traders ever really put just $2K on a stock?
In my opinion, they have to go too far to make anything - and by the time you've paid brokerage (say $60 for buy and sell) it's just a futile exercise.
I guess if they are investments for 12 months or more, it may be worthwhile, but I haven't looked at those figures since my first month in.
What do others think?
What's a good trading figure?
Personally I usually enter with between 5 & 10k depending on risk factor - and then build up if successful.
I thought techs original 5k was a good figure.
Do serious traders ever really put just $2K on a stock?
In my opinion, they have to go too far to make anything - and by the time you've paid brokerage (say $60 for buy and sell) it's just a futile exercise.
I guess if they are investments for 12 months or more, it may be worthwhile, but I haven't looked at those figures since my first month in.
What do others think?
What's a good trading figure?
Personally I usually enter with between 5 & 10k depending on risk factor - and then build up if successful.