Uh ... By buying X or Y contracts you get such and such exposure to the variations of an underlying. Numbers of contract to buy is IMHO...
Ok for the win rate. But what are the Payoffs ? You can win 5 70% of the time. Lose 1 25% of the time. Lose 10 5% of the time... You end up with a...
You're right as I won't justify myself. Did you ask Speedo and Handle for their records ? No. You know mine (Which is poor Ok). But not theirs....
I am going to help you visualize the market. Here is a Bell Curve : [ATTACH] See the middle (Mode) of the distribution ? It's nothing more than...
In Statistics there is something called Dependence (Or Conditional in Probability) which tell you if and how A affects B. Does the weather has an...
And how do you know that what you believe to know is actually the truth ? Nothing's going to be sure. And if you wait for confirmation then...
I should review my trades and drop those in sync with the Prevailing & Higher TF Bias to compare performance. What's your %Risk with 5K margin ?...
The Big Short #2
That's what I am doing too but I have no directional bias (Do you have one ?) ... Just take what comes first. However I don't manage my downside...
Actually... It's in accordance with his username which is explicitly signaling his intention : To make deals with Trading Education Sellers....
True. As you can't calculate Kelly Criterion without having everything else defined, laid down, first. Position sizing is relative to the system's...
Momentum is simply a statistical bias. Nothing less ... Nothing more. Worldwide indexes have an upward momentum. If you run simulations of a coin...
They are two different product. If they were the same ... Only one of them would actually exist =D Options are a bit more complex than Stocks or...
Oh ! Actually I just remembered something that's also of paramount importance (Beside Fractality). The fact that there is evidence of memory -...
Okay. As I already said somewhere I don't care about having a DD of 50% if my Risk of Ruin has a micro probability. 2K Margin from my simulations...
What a Surprise ! Thanks for your opinion.
Funny how this thread turned out. OP is asking for Experienced ES Day traders to shed light on ... What actually ? Then what he gets is mostly "No...
@Overnight I meant 4K Capital = 2 contracts.
@wtfauoa 1. Risk management is effectively controling your downside on each trade but also over the long run. Rule #1 of risk management is to...
Indeed 2 contracts require 800$ from my broker point of view. However from mine it's 2K per contract (2K Margin). My goal is 1Pt per day in...
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