Hero calls followed by margin calls...
- | Joined Jan 2011 | Status: Just a trader of trades ... (5 | 1,439 Posts
enjoy my life ... and ride the waves - all what I do
''Trading Price II'' by PhAnti - have fun 585 replies
Broker with US 2 year and DE 2 year bonds realtime 0 replies
Flashback to 1992 0 replies
Trading ain't rocket science - Phanti's trades inside 14 replies
Intraday Trading M.F.G. System - PA Momentum Flow Guideline 56 replies
Dislikedyess great work phant man.
great flashback 15% is done to become a good trader.
The most traders in FF are looking for great setups/systems/ea. They use 99% form her time.
My suggestion to ya: next step Psycho (70%) and Position Sizing (15%).
I wish you all the best - u know that - I´m very curious about the next flashback - may in 1 year
enigma4xIgnored
DislikedPlease don't expect to make a living out of 1k account or even a 10k account.Start to think in percentages, try to make 1% a week for example.Ignored
DislikedPhanti/Jonas - I don't want to pick your first post apart but I disagree with the above quoted point.
People have been conditioned in to thinking they should be risking a little to make a little and be happy with a 1-4% gain a month; I read so much money management paraphernalia that suggests even smaller profit targets should be accepted as 'the norm' and making double digit gains over a year is unlikely.
Personally I take issue with such tight MM, it isn't disciplined or strict, it's a thin vale that retail traders hide behind and that...Ignored
DislikedVery good post, Bleek!
I risk 10% per trade on swings (but there are maximum 15 losses a year, they are far apart and the trade is often closed before 10% is reached, only once there were two losses next to each other).
I even want to experiment a little and start risking 25% eventually 50% on smaller account.
Tom Baldwin (Market Wizards) in the beginning risked the whole capital per 32 ticks in T-Bonds until he built enough money to reduce risk. I think it is smarter to do it that way, because building small account over years is hard and many...Ignored
Dislikedthis is only demo one...wanted to try something...but if you like to , password is phanti
complete e-book will be published around mayIgnored