Kreslik.com - traders community since 2006

You really don't have to use all your space or max out your leverage for that matter if you are targeting 21% targets. This is how I do it: Let's say that you have $1000 and you are targeting a new balance of $1212 max size = ($212 / 88), $2.40 This brings the target within reach of the daily candl...

You really don't have to use all your space or
max out your leverage for that matter if you are
targeting 21% targets.

I began a new cycle today and I started it with
.69% of my account. I'll continue to accumulate
until I hit 22ish% and start again.

8) Welcome to another episode of Alias beats a dead horse. On today's episode we will discuss the controversial topic of risk management/ risk control. It is controversial because some traders think its "not for them" or its something they will work on later. :shock: My personal opinion i...

OH that pattern. Ya I am aware of it. I bet MO $100, when you started the Macro Pips that you would blow your account up. You are good at the first phase of accumulation , You see what I focus on, thanks for the compliment. hehee Not so fast: This account is NOT my macro pip acct. it is my AJ scalp...

The market has patterns because of the people and humanly programmed computers that trade them. This is what I see. I "win" 7 to 12+ interactions in a row gaining 6-12 macro pips. I continue to use the same lot size. I will possibly double size once but then take much fewer pips. As the &...

I had a chat with Brookmyre some years ago where we both agreed that the money management used by horse racing types is far superior and robust than the MM used by traders. This is now my personal risk and accumulation management. Stolen and bastardized from the work of Brookmyre - who came up with...

Yes, it is problem solved. If I NEVER added to a loser since 2008 Then making my first million would be a mute point. Which trading method I used would be a mute point. Using space would be a mute point. All you would see here on this thread was $5k to $500k REPEATEDLY. Say helllooooo, to my random...

Ok. But $47k, New Dodge Challenger Even adding to a loss CAN work if lot size is kept proportional. The last 5 trades have netted much more than my current loser. Screenshot_2015-08-28-12-58-21.png Haha I didn't really look at your unit size. You must of done some real inner bone head $hit to lose ...

My personal opinion is risk control is a must have and should be rule #1 in a trading Rigorous risk management is at the base of any long-term successful trading operation, both at the trading system level as well as at the portfolio level. You can't generate profit if you don't assume any risk, bu...