Disliked{quote} I suggest you go back to April 1st, 2013 and scan the thread for posts relating to this.Ignored
for those who are also interested
Extract from TAH post
"I did recently apply some math to it and came up with an interesting observation. If a $2,000 account were opened up and if the trader traded micro lots (10 cents per pip) they could have forty open trades, all down by the maximum typical drawdown of the worst trade in a group and still not use up half the margin, based on the restrictive margin maximum here in the USofA. No doubt few traders would have anywhere near forty open trades, and no doubt all of them would not be even close to the drawdown of the worst trade in any group! So, there is a lot of wiggle room here, a lot! I am still not suggesting anyone else trade this way, but I am doing so successfully and under the worst of conditions since I cannot hedge (without using multiple accounts) and I cannot close trades in any order that I might like to since USofA traders are restricted to closing trades based on the FIFO rule (first in, first out). I am not hedging and I am abiding by the FIFO rule as regards this point of interest. This past week I closed 31 trades for 2,160 pips. Had they been micro lot trades they could easily have been supported by a $2,000 account under the most severe conditions described, and with the $216 result being over a 10% return. Please do not ask me about such matters as risk to rewards per trades. I don't pay attention to that. Please do not ask me about such things as 1%, 2%, 5% maximum risk calculations, as I pay no attention to that either, though any trader could do so simply by limiting to far less than 30 open trades at a time, and accepting less than a 10% return in a week."
. It was just a joke. Pic from the beach, relax... {image}
