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- nomoretoxic replied Oct 30, 2008
I decided to answer this even though it’s just becoming useless with no benefit whatsoever to people really interested on getting help. 1 - An unprofitable system will lose - period. Only using it twice a day can give a false sense of security. ...
Nomoretoxic's Money Management
- nomoretoxic replied Oct 30, 2008
I am sorry folks but I am not in a position to fight people with issues. I am here to help. I don’t even have to post here no more, I am happy and profitable…for many years. Thank you all for the time spent. Sorry to cut it short. I sincerely whish ...
Nomoretoxic's Money Management
- nomoretoxic replied Oct 30, 2008
Dear sir/Madam I didn't open this thread to teach people the basics of trading. Again, there's a rookie session in this forum you might find it useful. Thanks.
Nomoretoxic's Money Management
- nomoretoxic replied Oct 30, 2008
Wow...frankly, I was about to give you a long reply, but now I realized that you're not taking the concept of implied volatility seriously. Actually, you're not considering at all volatility. Do you trade? My advice, before you reply to any post is ...
Nomoretoxic's Money Management
- nomoretoxic replied Oct 30, 2008
RR Are you trading live?? Just curious. Thanks.
Nomoretoxic's breakout
- nomoretoxic replied Oct 30, 2008
no problem Jim..always happy to help. If I don't go by the box or EA, just take the last swing high/low and place it in there. Once you calculate the distance between stop loss and entry, you'll get the idea on how far away your target is. Then you ...
Nomoretoxic's Money Management
- nomoretoxic replied Oct 30, 2008
from the rules: 6)Place a Take Profit at least 1:1 risk /reward (assuming 20 pips stop loss/20 pips profit target) Note that I use "at least" I am giving more room to go. Assuming 20/20. Again, the idea of 20/20 1:1 is for people to see the box on ...
Nomoretoxic's Money Management
- nomoretoxic replied Oct 30, 2008
Jim. The 20 pips is just a way to demonstrate the box at least delivers consistency. Read the part about common sense. How to adjust the load. Also don't pay attention to the box ranges. That's a bad perception probably from another thread. I ...
Nomoretoxic's Money Management
- nomoretoxic replied Oct 30, 2008
and I think you need to stop making frugal comments. no offense intended by the way.
Nomoretoxic's Money Management
- nomoretoxic replied Oct 29, 2008
Jim I am so sorry didn't reply to your post. You could try ATR. I do it by ear, to be frank. Let us know your findings, please. Cheers.
Nomoretoxic's Money Management
- nomoretoxic replied Oct 29, 2008
If you have 30k available for trading, you'll be able to handle $600.00/2% risk a day. I personally don't get any attention on my profits. I get focused more on my risk. Some people ask me a bout % of winnings, averages etc. It's a waste of time and ...
Nomoretoxic's Money Management
- nomoretoxic replied Oct 28, 2008
Please, read carefully the document above. Might take time to digest. Don't go fast n' wild over reading. Take your time and make sure you get it. Cheers.
Nomoretoxic's Money Management
- nomoretoxic replied Oct 28, 2008
Guys Here are my money management rules. url I place it in another thread so we won't mix one thing with the other. hope it helps cheers.
Nomoretoxic's breakout
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Nomoretoxic's Money Management
Started Oct 28, 2008|Trading Discussion|34 repliesMy money managements rules Not in any particular order Daily capital risk = 2% - not to be ...
- nomoretoxic replied Oct 28, 2008
Listen guys. The whole idea of 20 pips is for you to see there's consistency to a certain degree using this box. The real problem about systems/strategies etc. they work for a while but all of the sudden you get screwed. This is the whole reason why ...
Nomoretoxic's breakout
- nomoretoxic replied Oct 28, 2008
I am working on it...I'll have it on another thread.
Nomoretoxic's breakout