DislikedOkay, if I do end up doing it, will you then at least keep an open mind that it can be done and possibly that you can do it, too?
Well of course. I'll take it like a gentleman.
Hey, you might be right, I dunno, but I'm willing to give my spreadsheet a try to see if it's doable, without making predictions into the future and coming to conclusions that it just can't work without at least giving it a fighting chance :
I din make any predictions, but i did bust up (not literally, but it went past my perceived red line e.g. read 3rd para) a small account, so yes its a thing abt risk exposures for me, the initial sizing and skewing is too big for a 2500 acc imo and any smaller, well you know.
Of course it all goes back to MO and danger abt trading news (the 250pip drop on euro was not due to any economic data, right? It was news fresh out of the oven) etc, but it may happen and could happen anytime anywhere again.
Using hypo 1 (2500 acc) at full load we are exposed with 4lots. thats 4/21, still plenty of space but if we get prices move 100pip against me in an instance, i will be -400 down. thats 400/2500. Thats 16%. Now compare that to the average return of $45 per 20pip trade expectancy, i will need approx 7 trades to BE. Wish you luck leighswww, hopefully you get to spank some sense into me when its all done and dusted.
Ignored
Im glad that the little bit spice added managed to lift the thread back to life again. Well, at least it did force out some hidden scriptures out of leighswww. LOL.
I hope everyone could further share their experiences may it be good or bad. It serves as a learning point for all of us. There are always the pros and cons, i want us to be able to freely express and share, im sure leighswww, northpro and Zoran could step in the place of fti to guide.
regards
jest