>All the above.
>
>Most people try to scalp a few points here and a few points
>there, and stick to that discipline.
>
>It’s been years since I traded it, but I had it set up where
>I would have my take profit at a bigger gap than my stop
>loss. You want want your losses to be short, no more than 10
>to 15 percent.
>
>So let’s say for every point I’m gaining ten cents, I
>would have my take profit at 50 to 100 points (5 to 10
>dollars) for each trade or order, with a goal of making 20 to
>50.00 a day. And then my stop loss would be at 15 to 30
>points, usually no more than 15 points, which would be a 1.50
>to 3.00 a loss
>
>You got cats trading shit at like 5 to 10.00 a point !!
>Thinking greed, then a flash crash happens and wipes them out,
>and then a margin call is put out.
>
>If you do trade forex, go small ( cents not dollars)!! And do
>no more than 3 trades a day.


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“It was the evidence from science and history that prompted me to abandon my atheism and become a Christian.” — Lee Strobel, The Case for Christ

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