If you want to size properly (Aka Top Sucker)
You need to know the tick size and its value.
And you can use limit orders,
To lowering your execution costs.
Why top traders never fear huge lots ** even its sound s0 simple but far away
- Thread starter Zeevmerlin
- Start date
- Status
If you want to size properly (Aka Top Sucker)
You need to know the tick size and its value.
And you can use limit orders,
To lowering your execution costs.
The fact that you don't understand what i am talking about is all we need to know about you.
I know my shit...but let educate each other rather then fight...
If you believe or not it dont chant the truth..
Back
If the spread is 17
Your trade start
-17 pips whatever the value
This is the bullet of top traders..why they dont fear to enter with huge chunk of money
Ofcourse its depend on account size
Every kid know this
My point is
Look on it as pip spread
Good luck
Hhhhhhhh
If the spread us 17 pips
You start at
-17 your position
This is the facts
Whatever the value...
The value dont change per pip from the moment you enter the trader
What change is maybe spread flow...
Some brokers have fixed spread
But very shade brokers most of them
I kicked alotif time out
Because of winnings
I also can win non stop illegally...
But people faraway from this kind sharp minds
And its impossible to prove you cheat..
But I trade legally....
Remember
If the spread is 17 pips
From the moment you enter trade
You at
-17 pips...whatever the value per pip
The value per pip dont change
The spread change on the fly
This is why top traders never look on the value
Only on pips to break even
Ofcourse its relative to account size
Every kid knows this
I wish you the best
I know my dhit
Wait the forex market to open
You are talking about top traders and the retail forex market in the same subject?
LOL
I love forex....but sometime trade st0cks....
But love to beat the monster
Just ride the wave
My debate with you is not about your % win rate.
The facts is that you posted your message post about fear and huge lots during a Pandemic.
You then responded via showing screenshots of a few trading days in your account when we all know anyone can have a few profitable trading days. The issue is this...try trading huge size consistently during this Pandemic and then support your message post with all the trades you've taken....beyond one trade day.
Last of all, your definition of huge lots involves a small trade account. I'm not disrespecting the size of your account because anyone can over leverage with a small trading account.
The issue, can they do such beyond a few trading days during a Pandemic in which the markets are in chaos ?
Seriously, the Pandemic will be over within the next 12 months (hopefully)...you can then return and discuss your "huge size" and the results. Yet, as Laissez Faire stated and you've acknowledge...the account size involving the "huge size" is a huge part of he equation.
I'll take the above latter a step further, its a big part of the money management & psychology.
Thus, a trader with a 1k account and 100k on the sidelines...can swing big many times with that 1k account and then blow up one day. Start again with another 1k account = Good Risk Management
In contrast, a trader with a 100k account and nothing on the sidelines (cash)...blow up the 100k...you're done = Poor Risk Management.
My point, its not just the size of the account...its the risk management of the account especially when a Black Swan event (e.g. pandemic) occurs.
In addition, psychologically, its very easy to swing for the fences with any account size if you have a lot of money on the sidelines. Thus, the account is just pocket change to the trader like giving a few bucks to a panhandler.
Last of all, you can wait and talk about this again with screenshots of your overall performance if you want about your overall performance when the Pandemic has concluded. I'm sure you'll still be around to talk about your 99.9% win rate along with posting all your screenshots for the entire duration of the Pandemic (March to the End...not just a few trading days) for the entire duration of the Pandemic considering you posted the screenshots on your own without anyone requesting such...
Keep posting your screenshots (you started such on your own) for the entire duration of the Pandemic. See you at the end of the Pandemic and I'll listen to you about your 99.9% win rate.
wrbtrader
Last edited:
- Status