Quote:
Originally posted by Daval
I'm only putting a third of my capital into any one stock. Not risking it all.
I guess I should also pick stocks with a decent average daily volume so if I do need to bail I might be able to, eh?
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How much are you paying on commission again? Was it $27? If so, note that if you're putting a third of your capital into any given trade-- let's assume $650-- you're already in the hole over 8% before any price movement.
Yes, always find something with some liquidity. Otherwise you might never be able to sell.
Bob