i love volatility, i seem to make really good money when markets are volatile. My probabilities go further and beyond my profit targets.
The markets are just machines with switches. Forget about Trump excuse, if it's not him then it will be something else. The market is designed to boomerang in your face. Think of the market as a crankshaft spinning but the crankshaft is made of rubberbands. Everytime it whacks one way, then it whacks the other way. It's also a switch, that's when trends begin and trends end, onces it switches it heads the other way.
I mentioned in a previous post; guidelines on how to preserve capital: https://www.elitetrader.com/et/threads/joining-the-cme-gang.334231/page-14#post-4910622 In brief: 1. do not add to losers. only have one position at a time. go full size is no problem. but dont add. 2. use a strict SL for all positions. use BE stop when position moved in favour 3. when a position hit a stop loss, call it a day. go home do something else. you are rotten for the day 4. Dont trade counter trend during US session. only momentum/breakout. trade CT in Asian time, where Shenzo Abe and partners are waiting for Trump to wakeup because they have no fucking clue what is going on 5. Do not use high leverage; use about 30% of what your broker allows you to; It gives you a chance to blow up 3 times. 6. Do not compound after every trade; instead; start compounding once a week; or once a month. However; when you had a loser; downgrade your position size to refect new smaller account size (Kelly's stuff)
Machines, switches, crankshafts, rubberbands and boomerangs? Did you get all that Hilmy? Go get 'em tiger!
I think I seen this photo on the UK most wanted tv show and the French interpol most wanted tv show. Mendez Astegui Richard Damian @ https://www.interpol.int/en/How-we-work/Notices/View-Red-Notices#2019-73003 Hey Kenny or Richard...you killed someone ? wrbtrader