That is the problem. Chances that this move will happen is highly probable. Even before the 0.2% counter move he will be wiped out because of the spread and the commissions. I daytrade the ES with a stop on 0.1% and leverage 100. I know how risky that is. And then if you go 5 times bigger in leverage... I have never seen anybody who survived that.
The emini? What do you mean by this? HOw does your current leverage affect your stop %? I.e., if your leverage is 100:1, how does changing this number affect how much you lose on any one trade?
The stop is on the notional value, not on my capital. I use a 5 points stop, which at the actual level is around 0.11%. That's the correct comparison with the 0.2% move in forex. Which is also notional value.
this thread is a disaster. If this is how you look at the world I think you have a long way to go to understanding how portfolio management really works.
I can't bare to read thru this thread again,but would appreciate some clarification..OP stated "Making 10% per day a seamless feat. Not a question. And i think that converts to 16% on a 10day average. I would remove the term seamless at the 50-200% mark, so from 10-50% is easily done." Is OP saying those returns are with leverage or non levered??? And,what in the world does 10 percent a day converts to 16 percent on a 10 day average??? And OP,assuming the 10 percent per day is non levered,do you have any idea what that compounds to over 250 days?? Its a staggering amount,and impossible to achieve
This is proper thought process but you have to go all the way, solve each problem one by one. There is a solution to every issue that arises, always.
Someone mentioned the two ways to pay for a string if losses, find that post in this thread and merge it with your current tought pattern. Dont expect to solve it right away it takes many hours of brainstorming and methodical effort towards the series of answers until youve addressed every issue getting in your way. This is what everyone here is avoiding, the work, whether they realize it or not. The scammer is in the mirror.