I would like to figure out a formula to see the maximum # of contracts that could be traded to allow 50 trades before an account balance fell to 50% of the starting balance.
Ideally the number of trades would be 50 before the account value is 50% of starting balance.
The #'s I know are :
Starting capital
Each trade has a risk of 1.5% of total capital
Each trade has a risk of 3 ES points
or for ER each trade has a risk of 3 ER points
Thanks in advance.
Ideally the number of trades would be 50 before the account value is 50% of starting balance.
The #'s I know are :
Starting capital
Each trade has a risk of 1.5% of total capital
Each trade has a risk of 3 ES points
or for ER each trade has a risk of 3 ER points
Thanks in advance.