aliassmith wrote:TygerKrane wrote:aliassmith wrote:...
$1000 @ 24%/month @ 22 trading months is over $100,000 trading
24% a month is 6% a week equals net 40 pips a week
I don't know why, it's silly, but I LOL'd when my workplace was VERY quiet after I did the math for this one. Again, I don't know why, it's all math that I've done similar things like on my own in the past too...
Earn 6% over 40 pips...
so, 1.5% every 10pips
means trading at 15:1 leverage
And getting 8pips a day
Again, I don't know why/what made me LOL like this today, but the numbers are just ridiculous.
Maybe I'll just trade 8:1 and aim for 16pips a day.
6:1 and aim for 24??
hmmm, 4:1 off of weekly extremes, and adding in at some point if price can first reach between +75 & +100pips...
I'm sorry, I'm just feeling a little restless at the moment, and you guys are the only ones who would understand...
Well I have calmed down some and my base leverage is $65 to $70 per pip
per $100k. I am forever working on survivability vs. rewards.
Build profit cushion and make some big plays in the process. Like MO told
me, you can play tight as long as you get the balls to go for it sometimes.
From the way I do my kooky math, that's 6.5:1 ~ 7:1 leverage as a base.
As always, aliassmith, thanks - the check is in the mail
I owe you a blanket if I could get one or two produced: