How much can you????

Originally posted by loveshek


Yes im trying to do that and very close but its harder than I tought..sometimes I make mistake and give back some of my morning profit...maybe i should just stop trading for that day when I make more than 1% of my capital :) :) :)
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No, it should be the other way around.
You should stop trading for that day if you've lost more than 1% of your capital.
If you've made 2% for the day, you stop trading for that day if you gave back 1%.

Cheers!! :)
 
Oh... it's not about how many push-ups I can do???

I'm more shifting to Futures now because LVL2 is just becoming a distraction. Still, about average 9 cents per share with MSFT.
 
"You should stop trading for that day if you've lost more than 1% of your capital.
If you've made 2% for the day, you stop trading for that day if you gave back 1%."

I am trying really hard to manage my risk better

I am using boxes on graph paper to visually help me
see my gains vs losses

the idea I had to stop trading for a few minutes
hours or even day if I lose 1/3 - 1/2 boxes
down of my prior up winning streak makes sense to me
but your way also is logical and makes sense in $ terms

thanks for the post
 
Seth,
I say it, but do I respect it??? !!! ???? :mad: :mad: :mad:
Most of the time... noooo!!!??!!! :(

I'm still trying to tame the deamon in me, it took a vacation for the last month, and just came back last Friday. :mad:
 
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