| How much do I invest in each stock? |
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We generally have 10 to 15 open positions at any given time. One exception, if the market is going to correct we may be much lower. So, if you have $150,000 to trade with, then each position should be around $10,000 within 2 or 3%. We also reccomend 50% of total invesment on first purchase in the not so rare case the stock goes down first. So, $5,000, and then if it goes down, we will tell you when to average down. This has worked miracles for us in the past. If it goes up instead, hey you still made profit. The other 50% of the time when it goes down, makes up for it. Great procedure. |