I sincerely apologize for not being around over the past month. Unfortunately, I go through times when I get bored with the daily grind of trading so I just step away. As posted below, I've posted a number of Setups that are either at or near actionable levels. Of course, it would be ridiculous to say they'll all hit the magic level and work, but I feel they all offer manageable risk vs. reward.
It's going to take me a couple of weeks to get my shorter term swing & day trade charts up to par. I'll post the setups as they become available.
On another note, I'm going to create a separate account in the near future that will be linked to the blog listing my real time trades. Hopefully, it'll give some of the new traders here an idea how I build an account. It's been a few years since I've helped anyone do it, but I think I'm up to the task. I'm not sure what would be an appropriate amount to start with (10k - 25k - 100k) so any ideas would be appreciated. I would think that a smaller sum would be appropriate. I can be emailed at Tony.Wiltshire@gmail.com with any thoughts or advice.
Saturday, February 28, 2009
Thoughts....
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6 comments:
My vote is for a smaller account in the less than 25K range because it has the daytrade restriction and I happen to be in that category. So if I may suggest 15-20K ? That would truly be a fantastic lesson.
Tony, 10k account would be good. Its easy to calculate %ges for everybody else if their acct is bigger.
Tony
Welcome back, will be following your new posts with great interest.
Maximus
http://4best4worst.wordpress.com/
searching for truth....
Tony,
Glad to see you posting again. I like the charts.
MM
50K would be good start
Tony,
A 100K portfolio has a lot more flexibility than a 10K portfolio. Working with a smaller portfolio and building it up would be more challenging and sounds to me that's what motivates you. You have my 10K vote!
shokee04
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