70% Account Drawdawn.

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adaseb
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Postby adaseb » Mon Nov 15, 2010 10:24 pm

Its better trading with a 2 digit account then a 6 digit account when you don't know what you are doing.

I knew a guy who turned his 6 digit account into 3 digits trading stock options.

He had to get a job afterwards.

It's better to get stopped out, margin called, on a 2 digit account than a 6 digit.

Emotions are pretty much the same whether you trade with a micro-lot or a 10 lot.

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genlogins
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Postby genlogins » Mon Nov 15, 2010 10:50 pm

Alpari gives me 500:1, may be is that that is killing me.
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genlogins
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Postby genlogins » Mon Nov 15, 2010 10:54 pm

Adaseb, have you aver traded big lots?
if yes, how did you felt in the begining and now?
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ajaymein
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Postby ajaymein » Mon Nov 15, 2010 10:59 pm

genlogins wrote:Adaseb, have you aver traded big lots?
if yes, how did you felt in the begining and now?


When the pips turn green and keep running...it's goooooooodd. :)

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ajaymein
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Postby ajaymein » Mon Nov 15, 2010 11:04 pm

Actually I take that back...it's not dangerous as your only risking 2 digits! LOL

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adaseb
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Postby adaseb » Mon Nov 15, 2010 11:29 pm

genlogins wrote:Adaseb, have you aver traded big lots?
if yes, how did you felt in the begining and now?


There is not much difference really.

I feel more confident now because what I do now I know it works.

Back then even though I traded very small lots it was scary because I wasn't confident in my trades.

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genlogins
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Postby genlogins » Tue Nov 16, 2010 8:06 pm

Today I just raised 1% of the account.
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adaseb
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Postby adaseb » Tue Nov 16, 2010 8:48 pm

genlogins wrote:Today I just raised 1% of the account.


Yeah today was a great day.. i think i got close to 1000 pips today.

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Postby genlogins » Tue Nov 16, 2010 11:15 pm

I got 8.3 pips in a retrace from a big move breakout.

I try to use the TRO never loose again, but it was too quick. So, I scalped instead.

How you got those 1000 pips? in what system? are you using for how long? etc?etc?
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adaseb
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Postby adaseb » Tue Nov 16, 2010 11:35 pm

genlogins wrote:I got 8.3 pips in a retrace from a big move breakout.

I try to use the TRO never loose again, but it was too quick. So, I scalped instead.

How you got those 1000 pips? in what system? are you using for how long? etc?etc?


I doubled checked it was around 650 pips, but it felt like 1000 pips.

Just on the euro, gbp, jen, loonie and aud.

Also short gold from 1360 to 1345.

Also long the E-mini ES S&P500 from 1172 till 1176

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