PebbleTrader wrote:What do you mean by "big bar"?
Big Bar=Big candle
just search for the biggest candle on your chart and enter it on the Big Bar column. (if one big candle close against you there should be 1/3 of your Box left)
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PebbleTrader wrote:What do you mean by "big bar"?
spa wrote:3% of 10000 is 300 ... 3% of 12360 is 370 after you decide on your cushion size lets say is 45 pips, in the first scenario 300/45=6.6 $/pip which is 66 micro lots second scenario 370/45=8.2 equivalent of 82 microlots .. a micro lot is 1000 units . don't remember what broker/platform you trade with, but on Oanda when you open the order you can be even more exact customizing your trade size and it also tells you how much 1 pip is worth
bredin wrote:HMMM...
'
I think Ive been doing this differently...
3% risk over 45 pips = $300/45pips (at 10k account)... .66 lots..
inject profit into space = $2660/45pips.... 5.91 lots
can you see that your space is still 45pips (?) but the lotsize has gone crazy now thats compounding!
G.
bredin wrote:HMMM...
'
I think Ive been doing this differently...
3% risk over 45 pips = $300/45pips (at 10k account)... .66 lots..
inject profit into space = $2660/45pips.... 5.91 lots
can you see that your space is still 45pips (?) but the lotsize has gone crazy now thats compounding!
G.
spa wrote:bredin wrote:HMMM...
'
I think Ive been doing this differently...
3% risk over 45 pips = $300/45pips (at 10k account)... .66 lots..
inject profit into space = $2660/45pips.... 5.91 lots
can you see that your space is still 45pips (?) but the lotsize has gone crazy now thats compounding!
G.
if one can string a bunch of winners on that it's awesome ..however resizing down gone be difficult