Learning to Day Trade, page-31

It's still the same criteria Don't put all your eggs in one basket

All sub ? 5c are getting into the high profit margin, high risk category
But if you go for 50 to 90 cents you will need to outlay a lot more money in your buys to get a reasonable weekly income
Then if you go to so called blue chips they are not worth day trading unless you have a few million to spend

It is therefore a mathematical solution based on you.
How much you spend on each buy
How much risk you are prepared to take
How much you can afford to lose, because you will lose some, everyone does.
How much time you can spend in front of the screen

What I or others do has little bearing on what is right for you

Go back to the post by warnie for mc etc