InvestorsHub Logo
Followers 16
Posts 431
Boards Moderated 0
Alias Born 11/14/2011

Re: sdh post# 24736

Saturday, 06/23/2012 10:07:44 PM

Saturday, June 23, 2012 10:07:44 PM

Post# of 52306
I don't play with a lot of money....between 500 and 700 on each play but I usually make between 10 and 20 percent on a play because I try to stick to my system and treat it as a business and take the emotions out of it....immediately after my buy order is filled I put in a stop loss for what I am willing to loose...I go into each trade asking myself how much I am willing to loose instead of how much can I make....at the price goes up I slowly begin to move my stops up...when I reach my target of between 10 and 20 percent, I sell it.....I know what you are saying.....10% on 700 is only $70.... But multiply that times 5 and you get $350 per week....$1500 per month....$18,000 per year....not too shabby, especially if you have a full time job like me and trade everyday from a mobile phone and tablet..
Join InvestorsHub

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.