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Chris Hengeveld wrote:
> I've found that I'm comfortable risking about 1% of my portfolio per stock
> trade. Typical trades average anywhere from 8-12% of my portfolio size. I then
> only trade stocks with a 3-1 profit/loss ratio based on chart patterns. Since I
Please forgive my lack of understanding. What do you mean by the above, last
complete sentence? Could you give an example?
>
> don't trade a system per say, not a mechanical approach, I've found staying true
> to my money management approach will help minimize downside risk. It's not your
> entry where you make or loose money, it's your exit.
I agree.
Thanks, Dan
>
>
> SGT099@xxxxxxx wrote:
>
> > List
> >
> > Doesn't it make more sense to customize how much your willing to lose based
> > on what you see on the charts be it a recent low or an indicator turning
> > rather then saying i can loose x amount of dollars before ill get out. seems
> > more like casino gambling. especially when using a percentage I found that
> > the more money i make the more money i loose down the line and simply wind up
> > where i started from
> >
> > Stan
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