Frequent small profits, rare large losses...

Discussion in 'Trading' started by nxt7, Dec 21, 2016.

  1. Visaria

    Visaria

    Would work v well. You are on the right track.
     
    #61     Dec 24, 2016
    algofy likes this.
  2. Visaria

    Visaria

    If anyone is wondering how to make 20x risk, consider first of all having a much larger position when right compared to when wrong. How? Well, consider the notion of adding to winning positions. Now consider managing that risk in some fashion.

    My Xmas gift! Ho-ho-ho!
     
    #62     Dec 24, 2016
    ironchef and algofy like this.
  3. algofy

    algofy

    Galvin says I'm an idiot....I'm confused :sneaky:
     
    #63     Dec 24, 2016
  4. ironchef

    ironchef

    galvinlee888, CyJackX, Visaria, :thumbsup:

    Merry Christmas and Happy New Year.
     
    #64     Dec 24, 2016
  5. algofy

    algofy

    no love?
     
    #65     Dec 24, 2016
  6. ironchef

    ironchef

    You are OK too. Anyone eager to learn will do well, you just have to read their posts very carefully and put your thinking hat on.

    Merry Christmas and happy New Year to you too.
     
    #66     Dec 24, 2016
    algofy likes this.
  7. CyJackX

    CyJackX

    Now, would you consider scaling in all one trade? Because you could also conceptualize each addition as a new trade. And does it make a difference?

    If I normally do 1 lot, and if I buy 2 lots and sell 2 lots, did I do the same trade twice or did I do one trade twice as big? Does scaling out drastically change this conceptual gymnastics? Does it matter?

    Food for thought.
     
    #67     Dec 25, 2016