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In a message dated 98-07-30 12:07:53 EDT, you write:
<<
I posted a question about capitalization earlier, which only one person
responded to. I am still interested in RTs opinion about capitilization and
general obstacles to be aware of heading into day or swing trading the S&P
and/or currencies. Does anyone in this forum trade this way? Any
information is appreciated.
Thanks, >>
PG,
A lot of that question depends on how your system is designed.
10,000 may be great, 100,000 may not be enough.
Design the system,
Test the system,
Paper trade the system,
Revise the system,
Test the system,
Paper trade the system again.
This should answer your own question. Take that $$ number and multiply by two.
If your system doen't reflect at least 7 consecutive losers, find the biggest
loss and multiply by 7 and then by two.
Use the larger of the two numbers and begin trading.
Good Luck.
Terry
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