Look at the previous posts.
Stocks like GROW, MAMA, AKAM have trend and pushed up.
But we were not successful in stocks like ATI which went down from 98 to 88.
We had another stock in pick with ticker symbol TAR
It went as high as 26 and then crashed down to 18 at present.
That is why we risk only two percent of our equity on each trade.
So, we do not run the risk of ruin if any one stock pick does not work out.
At the same time, if any our our picks are successful, we can add more to our positions and make huge profits.
It is a game of chance in which we are trying to RIG the market in our favour by betting only on those stocks which show promise based on trend, volume and momentum.
At the same time, we are betting just two percent on each stock.
You can not do THAT in the casino..can you ?
In the words of Kenny Rogers "You have to know when to hold them, know when to fold them."
Trading is a percentage game.
Burn that rule into your brain and you'll save yourself a lot of headaches.
