Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
Might be one or two days early. I suspect resistance in this area near 2300 and dow 20k
For day/scalp trading I strictly go one lot per 10k of funds, long term commodities from 0.5 to 1% risk of the acct to find how many, stocks 1% of acct. It has changed much since have gotten older to half of what I use to risk, much more conservative.
10k of account value or 10k of TLNW?
Short 10 X margin. 2293.50 Initial stop 2295.25
out at 93
One lot for every 10k in the that account.
Long 2293.50 Initial stop 2289.00
Consolidation day not surprising after two trenders.
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