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Bob,
I have
a friend who made 250K last year and is on the same track this year trading 100
shares at a time with his method. He is a good enough friend so I have seen his
statements to prove it. Physchology must be the reason as I have asked him why
he doesn't increase his size but he doesn't want to.
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<FONT face="Times New Roman"
size=2>-----Original Message-----From: BobsKC
[mailto:bobskc@xxxxxxxxxxxx]Sent: Friday, June 06, 2003 12:29
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: [RT] small
lotsOk, I give up ... I've been trading for 35+ years
and I still can't figure out who in heck buys all those 100 share lots I
see cross the board every day. Even a $2.** stock! Now, if
someone is paying $10 per trade and buys 100 shars of a $2.00 stock, they
are paying 5% in and 5% out. A hell of a handicap to make any
money. I realize that the market maker sets 100 share size up to
control, (to some degree), the bid ask but I'm talking about dozens and
dozens of 100 share lot trades. Any sense to this for this old
geezer? :))BobTo
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