Insane profits using ZL zones and SUPER leverage

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ajaymein
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Postby ajaymein » Tue Mar 30, 2010 8:07 pm

newschool wrote:Exactly you need to change your SL or Lots now, according to your account, with the same percentage.

Its easy to play "all or nothing" on a low account : you dont care.

But loosing 500 $ will hurt. Because yes its yours now, dont consider that money as "virtual", wich is the first reaction after a big profit. I had some trouble with that both in trading and in poker...


I've been gambling playing poker for quite a few years...it was a long a tough hurdle separating my trading and gambling, but it's pretty rewarding when you finally get it.

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newschool
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Postby newschool » Tue Mar 30, 2010 8:07 pm

Tight Stops dont mean anything if you use full leverage and basically your whole account is in margin...

I'm talking about (Lots * SL pips) = $. Wich should be a decreasing % of your account as it grows....

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ajaymein
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Postby ajaymein » Tue Mar 30, 2010 8:45 pm

newschool wrote:Tight Stops dont mean anything if you use full leverage and basically your whole account is in margin...

I'm talking about (Lots * SL pips) = $. Wich should be a decreasing % of your account as it grows....


Ooh...I'm not using all the leverage I have access to...that would be crazy! I was using maximum leverage when I was trading under $50 starting with $6 but gave my self some slack as my account got bigger.

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