TygerKrane's Pip-Pickpocketing

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Re: TygerKrane's Pip-Pickpocketing

Postby prochargedmopar » Sun Jan 04, 2015 1:49 am

MightyOne wrote:Happy Holidays!

I spent the whole day x-mas shopping for 2 little girls that I only see once a year.

I finally gave up walking through aisles and aisles of plastic junk and just bought them both
a NINTENDO 3DS XL and some games...
but now I feel bad because I am probably rotting their young minds at an age when they should
be reading books :lol:


Read this to my wife and she said:
"Uuuuhuh"
She is always making our kids read.
I read all the time. More than any of them.
alota good that does. :)
I say let the kids play!!!!!
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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TygerKrane
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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Sun Feb 01, 2015 8:00 pm

Hmmm, so the cost of doing business has changed apparently; which has definitely taken away some of my options...:

FXCM (US)

Image

(Generally speaking, I used bright red to highlight pairs that lost more than 10 points of leverage.)

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Re: TygerKrane's Pip-Pickpocketing

Postby Jalarupa » Sun Feb 15, 2015 8:00 am

Hey Tyger,

That's a very interesting looking Excel you got there...

May I please ask how you are going about calculating your max leverage per pair?

Whats the formula you are using?

Thanks
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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TygerKrane
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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Wed Feb 18, 2015 4:13 pm

I calculate leverage based on the percentage gain my account would grow at 100pips.

(#lots) * (value per pip,per lot) * 100pips =((the amount of money you would earn after 100 pips))

And then [that number]/(account balance)

Then multiply by 100 for the percentage gain per 100 pips, aka, leverage amount.

=============

Soooo

EJ costs $42/lot, and is worth 9¢/pip.

If I have a $1000 account, I can buy 23 lots.[[Max #of lots]]

23 * .09 * 100 = $207

$207/$1000[my account bal] = .207

.207 * 100 = 20.7lev [Max]

==========

Additionally, if I have a $1000 account, and I am trading EJ with 8lot entries, then

8 * .09 * 100 = $72

$72 / $1000 = .072

.072 * 100 = 7.2 : 1 lev


Which is sadly, too much leverage for my entries based on my skill level. (Unless I'm using OPM 8) )

I would be better off using 3lot entries, which works out to 2.7lev entries.

^^^^^^^^^^^^^^^

Also when I did the EJ Max lev math above, I used 23lots to get a max lev of 20.7 : 1 lev.

When I did that table I posted, I included the 0.x decimal place for all the pairs, i.e. 23.8 Max Lots EJ per $1000 equals 21.4 Max Lev.

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Wed Feb 18, 2015 4:19 pm

Note that for my EJ 3lot entry on a $1000 account example, since my entry leverage is 2.7:1lev , if I had set a 100pip TP and it got hit while I was sleeping or something, I would wake up to a 2.7% account gain. [-o<

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Re: TygerKrane's Pip-Pickpocketing

Postby Jalarupa » Wed Feb 18, 2015 7:28 pm

:)

Thanks tyger...

Will get my excel on shortly...

Appreciate the assist... I always struggled with trying to determine the equation for max lots

Thanks again good buddy
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Thu Feb 19, 2015 12:23 am

Something like this?:

Image

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Re: TygerKrane's Pip-Pickpocketing

Postby Jalarupa » Thu Feb 19, 2015 4:03 am

The closet actuary inside of me just got very inspired by that picture...

Thanks again for the help :shock:
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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TygerKrane
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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Tue Mar 10, 2015 10:58 am


**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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TygerKrane
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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Sun Apr 26, 2015 4:46 pm

For MightyOne: (so as not to muck up his thread)
https://www.kreslik.com/forums/post80180#p80180


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**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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