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good morning IS, I would suggest that you do not allow yourself to be blinded by your account balance, it is just the fuel that makes your engine go. The engine (your strategy) alone determines whether you will make money or not. One of the oldest forms of risk management and winning is...

In other words, if you traditionally hunt deer and then you decide to hunt lion, your risk model will need some keen adjustment before you start. regards f9

Hi IS, Dont try to take the whole trading thing too seriously, but rather just relax back into it. Easier said than done I know. Bear in mind that the bulk of the business is done by a small number of stations and that the person on your other side is statistically a big player. This...

You are being realistic V in a self serving thread, the intent of which is to be pedantic and intractable. regards f9

Hi IS, I know that I said goodbye, but this is just too painful to watch. I said much earlier in this thread that whether you realize it or not you are offering yourself the luxury of having no losing days. Obviously that one fell upon deaf or dumb ears. Osorico offered up .... 1...

Well spotted Romik, but please go back to my opening line.... " so let us run your model again, this time from a scalers pov." this is how a lot of scalers see their trade. regards f9

Precisely, so let us run your model again, this time from a scalers pov. Four ES Contracts 50% win ratio versus Four ES Contracts 90% win ratio scaling out at half target. 9 pt target 3 pt initial stop loss 1st example with 20 trades 10 winners for 9 X (4 contracts) = 360 pts ($18000)...

So far so good. Now please read your own words (quoted above) and then return to your example and see if you can spot the faulty logic. regards f9

The problem lies not in the maths but in the originating logic. Spare a thought as to the reason why some people scale. regards f9

You are digging a deeper hole for yourself B1S2, I would suggest that you cease digging. regards f9

B1S2 The relevance lies in the fact that SS is quoting a figure of 80%+ supplied by you. One minute you are throwing figures around to support your ego and the next minute you decide they are not germane to the case because the direction you are being taken in, frightens you. You are...

Hi SS, Can you explain this please....80%+ of what. regards f9

good morning B1S2, On a forum such as this one, a great number of members are batting way beyond their average and this is revealed in their postings. We are all judged no only by what we contribute, but most importantly by the manner in which this contribution is made. Your Op had a...

You have all got the cart in front of the horse. Firstly, you need a strategy and into that strategy will fit your theories on scaling and many other things. I do not scale. Each trade is a new adventure because I believe in trade size and I will leave you all to figure out the logic...

precisely

Mark, You have taken the time to say what I just could not be bothered to. I am afraid that once a paper tiger reveals himself I just lose interest very quickly, especially with ones married to dogma and to the ridiculous. regards f9

I thought you would offer that one up. regards f9

B1S2 I am not disputing the principal that you are endeavouring to highlight, but I strongly disagree with the dogma that one size fits all. For example, let us assume that a Trader has accumulated a large position on a good run up the market. The total position exceeds any normal tic...

I was wondering when someone was going to move this thread out of the realms of fantasy and into the real world, especially when you are holding long on a large parcel. regards f9

What is your idea of a "huge amount of money" chewy. Be a devil and throw a figure at it. regards f9