You can refuse to answer : what is now your trading account size ? What balance size do you see when you look at your trading account?
My account size is 100k , but I know where it is heading. 100 lots is easily filled on liquid options atm. noted:3) as the account size, liquidity issues can become a real problem
From your responses , I can read your winner's personality , if you ever find this formula , you will deserve it . I read phsychology , so I can read all the majority of losers that post https://www.google.co.uk/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=loser personality
There is a saying Don't think in money value , it triggers your emotional brain of greed and despair, think in % because it is a fairer reflection of doing the job right. Many phsychologists say , don't look at your account , look at following rules
Thinking about the Money... in trading ...can be debilitating...you almost have to be Psychotic, -- and only view things as mechanical and percentages and an emotionless, meaningless, stupid, boring game
I know some traders who shift their funds each month and keep day trading account same amount, good way to limit possible losses, so making 2-4% a week or more very possible as account never grows, whereas when much larger, percentages is like something to check on December 31 and half crocked.
it is never a good idea to base your decisions on your P&L. The danger with watching your P&L is that it encourages gambling in the market. If you constantly watch your account to see how much you are winning or losing, then you are, in reality, unconcerned about market moves, and you are principally concerned with making money. The problem is that watching your P&L will cause your emotional senses and your stress levels to rise. You will begin to threat and sweat over every small movement in your account,