Articles database
 
 
Web AnyArticles.com
Browse by Category:
  Finance >
  Subcategories
Credit Credit (1076)
Currency Trading Currency Trading (330)
Debt Consolidation Debt Consolidation (371)
Debt Relief Debt Relief (345)
Insurance Insurance (884)
Investing Investing (695)
Leases Leasing Leases Leasing (47)
Loans Loans (1388)
Mortgage Refinance Mortgage Refinance (1312)
Personal Finance Personal Finance (436)
Real Estate Real Estate (2223)
Stocks Mutual Funds Stocks Mutual Funds (573)
Structured Settlements Structured Settlements (42)
Taxes Taxes (239)
Wealth Building Wealth Building (318)


  Categories :
 
  Arts and Entertainment
  Automotive
  Business
  Communications
  Computers and Technology
  Finance
  Food and Drink
  Health and Fitness
  Home and Family
  Home Based Business
  Internet and Businesses Online
  Kids and Teens
  Legal
  News and Society
  Recreation and Sports
  Reference and Education
  Self Improvement
  Shopping and Product Reviews
  Travel and Leisure
  Womens Interests
  Writing and Speaking
  Random Category
  Wealth Building
  Email Marketing
  Funny stuff
Stocks Mutual Funds article : Size Counts!
 

Finance > Stocks Mutual Funds > Size Counts!

0 Reviews [ add review ], Article rating : 0.00, 0 votes. Author : Jeff Wilde

What the heck am I talking about?

It is often said that to grow mentally, spiritually, emotionally and personally that you have to stretch and move out of your comfort zone. I definitely believe in this concept, however... When it comes to day trading, swing trading or position trading stocks, futures, options or forex, going outside your comfort zone can be dangerous!

Let me explain... Say, a trader is used to buying 100 shares of a stock at a time with the average value of $50/share. He/she is very comfortable with putting this amount at risk. They never experience any anxiety and can sleep well at night at this level. However, watch what happens when these traders decide to up their ante to 200 - 300 shares.

All of a sudden they are worried about every tick against them and start riding an emotional roller coaster based on the current price of the stock. At these levels they become much more emotional and their judgment becomes cloudy at

times. Now they start making bad decisions that never occurred at the 100 share level.

A good idea is for you to take a good hard think about "what size trader" you are and where you are completely comfortable at. Write these numbers down and force yourself to never deviate from them. When the time does come to raise your bet size up, do it in increments over time. For example: If you want to go from 100 -200 shares, do 120 on week number 1, 140 on week number 2 etc.

I assure you, that by sticking to the concepts in this article that you will make trading a much more comfortable and profitable experience. Be patient and stay focused and the money may roll in at levels you never thought possible!

This article by Dr. Jeffrey Wilde, a trading veteran with 15 years of experience in all major markets. He is a trading coach to over 1400 traders in 38 countries.

For additional info: http://www.win-at-trading.com



0 Reviews [ add review ], Article rating : 0.00, 0 votes. Author : Jeff Wilde
Rate this story : and read/post review(s)


Article reviews



Post your review
[ Note : no HTML/URLs - will removed automatically ]
Your name
Your comments


More articles from Finance > Stocks Mutual Funds

Add article | Manage Articles | Top Rated articles | Most Reviewed articles | Contact us | Links