Hi all,
in this thread I want to discuss my trading approach. It's based on BWILC ("Bird watching in lion country" by Dirk du Toit).
An important thing first: Do not post any links to copyrighted material in this thread!
I discussed some stuff here and there (some got trashed because of those links!) but I think it's a good idea to maintain a thread which contains some of my knowledge and might help for some new traders.
First let me state that this approach isn't for everyone. You will have often floating positions that can go into the red quite deep (how far depends on your leverage) and often wins are smaller than losses even though there are some long runners which compensate bigger losses...
So hang on, I'll edit this first posting always to contain the important stuff or links to important postings. I'm currently short at time so this is still a "captain placeholder".
Feel free to discuss and ask everything BUT DON'T POST LINKS TO THE BWILC EBOOK OR OTHER COPYRIGHTED MATERIAL! Otherwise this thread gets trashed faster than one can... well...
in this thread I want to discuss my trading approach. It's based on BWILC ("Bird watching in lion country" by Dirk du Toit).
An important thing first: Do not post any links to copyrighted material in this thread!
I discussed some stuff here and there (some got trashed because of those links!) but I think it's a good idea to maintain a thread which contains some of my knowledge and might help for some new traders.
First let me state that this approach isn't for everyone. You will have often floating positions that can go into the red quite deep (how far depends on your leverage) and often wins are smaller than losses even though there are some long runners which compensate bigger losses...
So hang on, I'll edit this first posting always to contain the important stuff or links to important postings. I'm currently short at time so this is still a "captain placeholder".
Feel free to discuss and ask everything BUT DON'T POST LINKS TO THE BWILC EBOOK OR OTHER COPYRIGHTED MATERIAL! Otherwise this thread gets trashed faster than one can... well...