Online Trading and Stock Market discussion for the day March 10

[grimstad9]

What program are you using? is it custom?

[sgomez858]

@grimstad9 it is REDI from Goldman Sach, BUT any Direct Access program will do

[99fps]

Thanks for the video. I have a question. With the watch list, do you follow those trades in your swing account? also, what do you look for when you are entering a trade aside from how the general market is doing.

[brunito1013]

Andy

How much room do you give when placing a stop?

[braveheart85]

andy, maybe this is a dumb question but ive been following you guys for a while and you seem to only trade up to 5,000 max on any one position....how come you dont trade more shares to increase your pnl?

[birdwk]

@braveheart85 b/c increasing your share size doesn't necessarily increase your profits. it can also increase your losses if you're not careful. share size can be a personal thing as well.

[sgomez858]

Good answer. Staying inside your mental comfort zone in trading can be wise so as not to get too emotional. This is subjective for sure.

[ddstar]

well some brokers also charge more for trading lots of more than 5k..