Thread: Why you should trade 1-2% of your account on a trade!

My transactions can last from moments in time to hours. The programme may enter transactions instantly, but I never hold over. The programme is based on amounts which are recalibrated at the e.o.d.

Originally Posted by ;

quote The holding transactions instantly is very subjective. For instance I went via swing commerce gbp/nzd and hedged going long on gbp/aud just in case rbnz came out bullish or something bad happened in either country. I banked over 300 pips via holding over. Are you really not transactions over night just in case of some form flash accident? 60 percent per annum is a fab return considering the line of risk you are trading with. If you are pulling that off then your a superb pro. The only time I go in with hefty risk is when investing in addresses or interest rate...

Originally Posted by ;

I see two different variations of prevent loss, one tied into account size, and one tied to market price. In nature, I suppose both would be factoring in market price and indiing that a losing trade. I prefer to use the market to guide the stop, rather than just how much money I am ready to lose. I prefer to take what the market gives, rather than attempt to control it based on my risk. It is just a difference of opinion. The secret is that at a certain point, there is a loss stopped in both examples and not allowed to cripple your account.

I concur with you based on your weight-loss fitting the market price . That would mean investing with lot dimensions in relation to where your stop would be best put.
I think a trader should be concentrated on how much they can lose compared to how much they can win just to keep the ego intact.

Originally Posted by ;

My trades can last from moments in time . The programme may enter trades overnight, but I never hold over. The programme is based on levels that are recalibrated at the e.o.d. quote

Whats the success rate of your automated system?

Originally Posted by ;

quote I agree with you based on your weight-loss fitting the market price . That would mean trading with lot sizes in relation to where your stop will be best put. I think a trader ought to be concentrated on how far they can lose compared to how much they can win just to maintain the ego intact.

My calculated cease loss is only astrophic. The actual stop is based on my trading system. My easiest definition is that I exchange intraday swings, in which my second entry is my departure. Not always the case, but it is the design. That's precisely why my cease never gets struck unless I lose power or my Internet connection. That's why I can arrange my risk the way I do. I focus on winning, not losing. A loss means a change in management, or I have stuck in some kind of consolidation which I need to get out of, lol.

Subs. Thank you and
Regards

Originally Posted by ;

quote My calculated stop loss is only astrophic. The real stop is based on my trading platform. My simplest definition is that I exchange intraday swings, where my second entry is also my exit. Not always true, but it's the design. That is why my stop never gets struck unless I lose my Internet connection. That is the reason why I can arrange my risk the way I do. I focus on winning, not losing. A loss means a change in management, or I have stuck in some type of consolidation that I want to get out of, lol.

Lol of course I focus on winning but I'm also very aware of just how much I can lose because some ppl appear to forget that drawdown is a part of trading. Like imagine being capable of the pic I submitted. Thats a 100k account which isn't peanuts for a millionaire trader. So in my head I know what my loss would look like but my purpose is to not need to see this loss.

Hmm, I/we don#8217;t obsess on the percent breakdown of winners .

Here#8217;s a link to some useful site and an article covering one metric such as Sharpe ratio along with its advantages and disadvantages. Might be worth you bookmarking this simple site.

Https://www.quantstart.com/articles/...ce-Measurement

Here#8217;s another simple site which is in reality the one possessed by FXCM. Fwiw and imho, this is where the retail industry is headed. Learn to code, even if it#8217;s MQL, and basic python.

https://www.quantnews.com/?utm_campa..._source=Eloqua

Originally Posted by ;

quote Whats the success rate of your automated system?

Originally Posted by ;

Here is a link to some useful site and an article covering one metric for example Sharpe ratio and its pros and cons. Might be worthwhile you bookmarking this simple site. Https://www.quantstart.com/articles/...ce-Measurement quote

I was thinking about precisely the same thing the other day. Risk is different depending on how you measure it. Two hedge funds could have the same yield, but depending on what grade they are in contrast to, they will have different alpha.

Very interesting article. Thanks for sharing!

Bookmark both sites and at coffee/tea breaks quietly work your way through the articles and content. Worth doing as this is the area where retail is led. The only consistently profitable retailers that I know know also how to code, they employ automated s, they obsess over issues such as speed of execution, low latency, miniature spreads, etc.. There's a financial technology revolution been going on, that the senior school retail traders on here have seen pass them . Get with it.

Originally Posted by ;

quote I was thinking about the exact same thing the other day. Risk differs depending on how you measure it. Two hedge funds might have exactly the exact same yield, but depending on what benchmark they are in contrast to, they are going to have different alpha. Very interesting article. Thanks for sharing!

Originally Posted by ;

Bookmark both sites and at coffee/tea breaks gently work your way through the content and articles. Worth doing as this is where retail is headed. The only consistently profitable retailers I understand know also how to code, they employ automated s, they obsess over issues such as speed of implementation, very low latency, miniature spreads, etc.. There is a financial technology revolution been going on, the older faculty retail traders on here have seen pass them by. Get with it. quote

Yes im a complete time betfair trader.

Same applies.

The pros use bots.