You guys have to remember the context. Is the original question 2% over 5 trades starting at the original balance separatley, or 2% on each trade, but the 5 losing trades simultaneously reaching a 2% loss on the original balance and then closing all at same time?
Well, you’re fucking wrong. That was not the proposition. The proposition is not concurrent trades, but successive. You deleted your prior embarrassment. Smalldik clearly stated trades in succession; I.e., trade one product... lose two percent...
Five concurrent trades is a 10% rule. Stating otherwise is a medically stupid asswipe trying to win a gunfight while brandishing a butter knife.
Just for the record so everyone can be aware of this idiot, Destriero blocked me as he was losing an argument, but still decided anyway to reply to my previous post, claiming I deleted something, when nothing was deleted. I'm pleased he's blocked me, I have no time for losers and serial liars.
Either he deleted the post or edited it out 100%. His reply was added to my quote. Five concurrent trades risking two percent is a 10% rule. You lose
Wow, now we have a real twist in the nuts here. I know smallfil has me blocked so I cannot see his bits, and, des blocked themickey and themickey is blocking des so there are bits missing in there also… And now qlai is posting pics of small dicks. Oh, the webs we weave! I think maybe now is not the time on Sprockets when we dance?
He has me blocked too. I am starting to think it's a batch of honor. Maybe Baron can add that little statistic to the profile page?
In cases of a gap down or gap up, you stand to lose substantially more than the 2%. The 2% is a guide after all. 80% of the time, a Stop Loss would work to limit your losses. If you want to really limit possible losses, learn to trade options. Options buyers maximum risk is the cost of the premium paid and and not a penny more. That is in a worst case scenario at that! All proper position size does is to control possible losses. If you do not use any stop losses, you stand to lose more because you will stay in your position as it turns against you and losses mount! A stop loss will take you out because it is a conditional order to sell which turns into a market order when the stop loss amount is triggered. In those cases, you want to protect any profits you have or protect your capital and limit losses.