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Old 08-29-2008, 06:20 AM  
marketsmart
HOMICIDAL TROLL KILLER
 
Industry Role:
Join Date: Dec 2004
Location: Sunnybrook Institution for the Criminally Insane
Posts: 20,419
Quote:
Originally Posted by Martin View Post
How much money is a good amount to start with?
it depends on how much you are trying to gain on a daily basis.

the more money you have, the bigger trades you can execute without putting your money at risk.

i only enter a trade with a small % of my total account value...

i have plenty of room to cost average down without risking getting margin called..

i make less than i could if i was willing to risk more of my account value, but i would rather make less and be able to handle a large swing against me..
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