Last week i was only using 1% of my account for positions and made a whopping $27
the balance.
That's receipt for disaster, IMHO, with any system.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #254,263
- Jun 7, 2010 7:41am Jun 7, 2010 7:41am
And I assume now with $600+ profit, you are using 10% of
the balance.
That's receipt for disaster, IMHO, with any system.
- #254,264
- Jun 7, 2010 7:44am Jun 7, 2010 7:44am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
ehm... i mostly take positions for 1/4 or 1/5 of my total :S sometimes good, sometimes bad
and 5% aggressive
10% = gambling
* Risk = SL * lot size
for example 1 lot = ($10 a pip) = 50 pip Stop loss = $500 (risk per trade)
And that's 5% risk ratio for $10000 Account
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #254,265
- Jun 7, 2010 7:45am Jun 7, 2010 7:45am
- Joined Nov 2008 | Status: Full Time Trader | 10,867 Posts
- #254,270
- Jun 7, 2010 7:55am Jun 7, 2010 7:55am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #254,271
- Jun 7, 2010 7:58am Jun 7, 2010 7:58am
- Joined Oct 2008 | Status: Trader | 3,473 Posts
Jau - thank you for your second daily trade suggestion / trade idea - from Sostratos Corp. Paris.
Well - I am not content with the stop at 1.2033 - as it could try to hit daily central pivot. If crossed there - then I would tend to wait for higher highs and add later much more - in order to repair and adjust my BE at a more convenient level...
Mal schaun...
Dein Wahlspruch - plan your trade & trade your plans etcetera and don' be chicken - den finde ich richtig gut.
Wie kann man soetwas da anbingen. Sorry my question. Aber ich bin leider...
Trade on your own risk
Plan your trade&trade your plan dont be a 
- #254,272
- Jun 7, 2010 7:58am Jun 7, 2010 7:58am
- Joined Oct 2008 | Status: Sentiment and Global Macro | 2,321 Posts
- #254,273
- Jun 7, 2010 8:00am Jun 7, 2010 8:00am
And I assume now with $600+ profit, you are using 10% of
the balance.
That's receipt for disaster, IMHO, with any system.
No, now its at 5% of the account.
Was only using a small fraction, like 35c pips or something last week.
This week is for real.
$26 pips make me feel sick
Dont know how the big boys can stomache it on millions dollar accounts.
- #254,274
- Jun 7, 2010 8:03am Jun 7, 2010 8:03am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #254,275
- Jun 7, 2010 8:03am Jun 7, 2010 8:03am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
two more reversal points coming up
on the 5 min 48
on the 15 a very strong about 38 (could be a 30 min RP)
lets see if we get them
teb
on the 5 min 48
on the 15 a very strong about 38 (could be a 30 min RP)
lets see if we get them
teb
- #254,276
- Jun 7, 2010 8:04am Jun 7, 2010 8:04am
- Joined Oct 2008 | Status: Trader | 3,473 Posts
No, now its at 5% of the account.
Was only using a small fraction, like 35c pips or something last week.
This week is for real.
$26 pips make me feel sick
Dont know how the big boys can stomache it on millions dollar accounts.
Its very easy to trade when its not your own money.....
Trade on your own risk
Plan your trade&trade your plan dont be a
- #254,277
- Jun 7, 2010 8:08am Jun 7, 2010 8:08am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
ok ich schicke dir ne email mit genauer anleitung so mit bildern...
;-)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #254,278
- Jun 7, 2010 8:09am Jun 7, 2010 8:09am
- Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts
A little beginner trader since 2006
- #254,280
- Jun 7, 2010 8:15am Jun 7, 2010 8:15am
- Joined Oct 2008 | Status: Trader | 3,473 Posts
Trade on your own risk
Plan your trade&trade your plan dont be a