I have a question: Who has observed ES locked within 1 point range starting 9.30am Eastern? Next question is what is an ATR for first hour of ES trading session, even if it is an estimate?
Let's not wake up any more fools. Please close the thread a.s.a.p. You can't expect the holy grail to stay holy with all those fools drinking on it. In fact, you should consider deleting the whole thread.
JSS, Did you do any statistical analysis related to performance?...worst case scenerio etc...after all at 16 p you may need a lot of them if it doesn't roll over. Would be interest in any data you may have...thanks NiN I got Pocket to have a look as he has a spread account
For worst case scenario you can assume a maximum loss of 2% of your actual portfolio size per a cluster of trades, if you so wish. As I said this is not about sexy results, it's about Holy Grail or how NOT to lose out. No stats, sorry. This is fun based exercise Don't forget that every new entry doubles the previous stake, so 0.16-0.32-0.64-1.28... until x2 range is obtained to lock gains.
Imagine cutting the number of losers by 50%... Let's not wake up any more fools. Please close the thread a.s.a.p. You can't expect the holy grail to stay holy with all those fools drinking on it. In fact, you should consider deleting the whole thread.
thanks, JSS yep...it does look like fun and I know it will work out...as time passes I will see if I can come up with a money management technique that will fit ...no promises as have no idea of vulnerability levels at this stage. it would be good for a kid'a piggy bank...if a spread shop was available
Only if you had 3200 trillion to start with in the first place...and then you rule off and start again.....simple
NOW...that's a thought. I know of someone that did something like that, with a lot less money and stole my napping spot... What a bastard...and he doesn't even like sake.
Ok folks, this is what's happening. 0.16*10.25= -1.64 0.32*10.25= -3.28 0.64*10.25= -6.56 1.28*10.25= -13.12 Currently Long 1038.75 @2.56 per point. I have a feeling that I will get my 20.5 points very soon