Number of contracts

Discussion in 'Risk Management' started by fandyur, Feb 2, 2010.

  1. Without knowing your financial status, risk level and amount of knowledge you have when it comes to trading, you should always step in to a trade instead of going all in as a rule. Also it seems like you do not have a trading plan, before doing any type of trading, I would suggest for you to stop trading, and create a trading plan. The most important part of the trading plan is money management. Here is a link with a short description of money management: http://financialsaint.com/cms/cms/viewer/page/422
     
    #11     Feb 2, 2010
  2. Not enough information to base a decision. Some systems do better pyramiding, many fare batter with an all-in / all-out approach.

    You need to either backtest both with simulated trades, or if you have enough of a sample size, analyze your real results and come up with the answer yourself.

    Adrian
     
    #12     Feb 5, 2010