Four contracts in these market conditions could mean you hit the max draw down again in just a matter of minutes. I would be more careful if i were you, good luck!
True. First went with 2 contracts. But it went up, averaged down and get out with a smaller target. True it's risky to trade 4 contracts with a 3K max daily loss as it's 15Pts max risk. Even if the volatility is currently on the downside ... We never know. And it's better to be precautions rather than over leveraged. Currently short 1 contract @ 3151.5 Target 3097.5
If a company announces they found a vaccine for Corona tomorrow, market is going to take off hard and it will happen fast. It's unlikely, but it can happen.
Was 20 more points in the money with one contract. Now I am struggling with 2 contracts ... Bullish movement building up. I am safe below 3165. Upside Risk is 3180.
Good idea to use a volatility based positions sizing strategy. The indexes have been making price moves close to 4 times their long term avg!
Yes it's insane to be exposed to such variation in PnL with so few contracts. Love it it's way better than slow market. Traders love volatility. But yeah it's riskier so exposure is downsized. Nice charts !
LMAO This is a simulation of 1000 paths picking among the 22 trades, returns, for 253 times. Starting capital 150K. Min ever reached 135K. Else is Bankroll at 253rd day. Just funny. Nothing else. And this is what the simulation looks like if tomorrow I hit 0.95 And what if I hit 0.99 5 times in a raw ?