Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. ironchef

    ironchef

    My apology. I thought those were your numbers since you said so.

    Peace and best of luck to you.
     
    #6251     Sep 27, 2017
  2. MrScalper

    MrScalper

    keep it small
    to grow tall
    the big desire
    will you retire

    so what this pre
    that all can't see
    and why so few
    can work out clue

    first step is pass
    thru the high grass
    keep in the way
    as grass do sway

    to think you know
    is but a show
    to really see
    think A..B..C

    first 3 alone
    will not you hone
    your best of friend
    is always trend

    so trend you see
    not really be
    and reason such
    read book too much :)
     
    #6252     Sep 28, 2017
    Vindago likes this.
  3. to make good money, eat the honey
     
    #6253     Sep 28, 2017
  4. Ed48

    Ed48

    Wouldn't that only be the case if your position size was 2%?

    Eg.
    bankroll $100,000
    open trade with $2,000 (2%)
    moves 8% to $2,160
    profit $160 (0.16% of bankroll)
     
    #6254     Sep 28, 2017
  5. Pelt

    Pelt

    Yeah, I just used 2% as an example, b/c it's the number I see thrown about forums a lot.

    I don't use 2% myself, it varies quite a bit depending on what I'm doing. But really you can RISK whatever you want... if you want to make more, you can RISK more.

    Obviously, there are limits to it though. Especially low volume, highly volatile instruments.

    Also: I know you know, but you don't even need a dollar amount or you bankroll amount, just use percentages. RISK(%) * Move(%) = profit.
     
    Last edited: Sep 28, 2017
    #6255     Sep 28, 2017
  6. Pelt

    Pelt

    I think I misunderstood your question initially? But I get what you are saying now.

    But ya... position size, amount risked, RISK, stake size, bet size, whatever you wanna call it.

    When I refer to RISK, I'm just saying whatever amount your position size is, or how much you can lose, or your stake size.

    The calculation you did many posts ago, assumed a risk of 100% of your bankroll on every trade. The calculation I then did, and the one you just did above, you have added the RISK component in.

    I usually just refer to % that the instrument moved from the open to close(ROI in %), and then the RISK(stake/bet size per trade in %). When you have those two numbers, you have all the info you need w/o talking personal details, or dollar amounts.
     
    #6256     Sep 28, 2017
  7. Ed48

    Ed48

    What confused me slightly is that "amount risked" is usually a fraction of "position size", determined by where you place a stoploss.

    Eg.
    bankroll $100,000
    position size $10,000
    opening price of stock $10
    stoploss $8
    amount risked $2,000 (2% of bankroll)
     
    #6257     Sep 29, 2017
  8. Pelt

    Pelt

    Your stoploss would just be a negative ROI. Would be the exact same calculation.

    AccountGrowth = -ROI(% moved) * RISK(% of Account)
     
    Last edited: Sep 29, 2017
    #6258     Sep 29, 2017
  9. Ed48

    Ed48

    When people talk about risking 2%, they don't normally mean the bet size.

    For example, with a bankroll of $100,000, risking 2% on an AAPL long trade doesn't mean buying $2000 of stock.
     
    #6259     Sep 30, 2017
  10. bogan22

    bogan22

    upload_2017-10-3_17-34-50.png

    forget the book,
    unveil the peeps,
    to watch where the buzzy bee flies,
     
    #6260     Oct 3, 2017
    Vindago likes this.