InvestorsHub Logo
Followers 100
Posts 7904
Boards Moderated 1
Alias Born 11/04/2012

Re: cnvegas post# 298362

Friday, 07/15/2016 6:17:38 AM

Friday, July 15, 2016 6:17:38 AM

Post# of 363975
It was just an arbitrary percentage that I picked for the purposes of answering that guys question. A number I figured was easily doable intraday and kept a new traders expectations grounded. Once someone gets in the habit of locking in gains and becoming consistently profitable, they can learn to actively manage positions. I wasn't about to get into the legging out of positions and leaving runners when discussing basics. The percentage is personal preference....he just wanted to know "what I would do if I only had $1000" so I gave him a quick template.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.