MO's MBT Micro

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bacoazul
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Postby bacoazul » Tue May 11, 2010 7:29 am

MightyOne wrote:
scratty wrote:Im think there are two ways for Risk control with scaling in:
1. Risk stays at the same level (needs stop adjustements after adding)
2. Total Risk is calculated for the hole position (4Units) and the first two entries are just 1/2 Position (no Stop addustements needed)

MO: You told us many times to not move sl. Can i assume that this means the risk control method is more like the 2. mentioned?

Thanks for all your help!


As I told PRO, you want your average risk to be 0.9% per day.

4.5% / 5 days = 0.9%

If you have a $1,000 account then your max risk would then be $45 for the WHOLE WEEK (kind of hard to use all $45).

If your entry strategy is 5,000 + 5,000 + 10,000 then:

With trade one it doesn't matter if you are immediately wrong on a few trades as you have 90 pips to work with.

Trade two you have 45 pips + your cushion of profit.

Trade three you are working with 22.5 pips + your cushion of profit (which should be reasonably large ;)

The number of pips that you have to work with drops as you lose (of course).

The most you can lose is 4.5% but every 100 pips you gain you make 20% or 4+ weeks worth of losses.

The only thing that can stop you is losing your own money.

Don't stress about losing profits...it is for a good cause :lol:

He who is faithful with little shall be entrusted with much -Bible


:shock: :shock: LOL

I feel so dumb right now
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scratty
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Postby scratty » Tue May 11, 2010 7:33 am

So after >2% profit (in your example 16%) you dont going to loose more than 16% for the rest of the week...

sorry for my stubid q's... i feel like in kindergarden again :-)
Lose professionally!

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MightyOne
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Postby MightyOne » Tue May 11, 2010 9:12 am

scratty wrote:So after >2% profit (in your example 16%) you dont going to loose more than 16% for the rest of the week...

sorry for my stubid q's... i feel like in kindergarden again :-)


I go from risking 4.5% for the WHOLE WEEK (really less) to risking just 2%+ after a gain of 2%+

I try my best to get my hands on "the markets" money and then go insane with it.

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MightyOne
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Postby MightyOne » Tue May 11, 2010 9:15 am

How is it that Heineken has captured the essence of skunk in every bottle.

When a skunk has died somewhere outside I grab I Heineken because it goes perfectly with dead animal smell...

I don't know why I drink it.

aliassmith
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Postby aliassmith » Tue May 11, 2010 12:44 pm

MightyOne wrote:How is it that Heineken has captured the essence of skunk in every bottle.

When a skunk has died somewhere outside I grab I Heineken because it goes perfectly with dead animal smell...

I don't know why I drink it.


You must like the green bottle. :)
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gfg1
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Postby gfg1 » Tue May 11, 2010 2:19 pm

Here you go MO. I guess it telling you to drink in the dark. lol

MightyOne wrote:How is it that Heineken has captured the essence of skunk in every bottle.

When a skunk has died somewhere outside I grab I Heineken because it goes perfectly with dead animal smell...

I don't know why I drink it.
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Price closed over a line that you believed to be support and that is the first indication that something is WRONG-MO

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dragon33
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Postby dragon33 » Tue May 11, 2010 2:29 pm

MightyOne wrote:How is it that Heineken has captured the essence of skunk in every bottle.

When a skunk has died somewhere outside I grab I Heineken because it goes perfectly with dead animal smell...

I don't know why I drink it.


Sorry but if you drink Heineken then you are a strange guy that is no beer. It taste like pee.

Try Maes pils Belgian beer is much better after all we have the best beers of the world.
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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Postby aliassmith » Tue May 11, 2010 2:59 pm

dragon33 wrote:
MightyOne wrote:How is it that Heineken has captured the essence of skunk in every bottle.

When a skunk has died somewhere outside I grab I Heineken because it goes perfectly with dead animal smell...

I don't know why I drink it.


Sorry but if you drink Heineken then you are a strange guy that is no beer. It taste like pee.

Try Maes pils Belgian beer is much better after all we have the best beers of the world.


...we have the best beers of the world.

I thought Germans claimed that?
Trade Your Way as Long as It Makes Money!

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dragon33
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Postby dragon33 » Tue May 11, 2010 3:18 pm

aliassmith wrote:
dragon33 wrote:
MightyOne wrote:How is it that Heineken has captured the essence of skunk in every bottle.

When a skunk has died somewhere outside I grab I Heineken because it goes perfectly with dead animal smell...

I don't know why I drink it.


Sorry but if you drink Heineken then you are a strange guy that is no beer. It taste like pee.

Try Maes pils Belgian beer is much better after all we have the best beers of the world.


...we have the best beers of the world.

I thought Germans claimed that?


They wish. Beer chocolate strawberrys and frites is ours :evil:
Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

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scratty
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Postby scratty » Tue May 11, 2010 3:48 pm

now i have to interruped you dragon. I dont know about beer and strawberry but im shure that Swiss Choclate is the best in the world!!!

:shock: :shock: :shock: :shock: :shock: :shock: :shock:

dragon33 wrote:
aliassmith wrote:
dragon33 wrote:
MightyOne wrote:How is it that Heineken has captured the essence of skunk in every bottle.

When a skunk has died somewhere outside I grab I Heineken because it goes perfectly with dead animal smell...

I don't know why I drink it.


Sorry but if you drink Heineken then you are a strange guy that is no beer. It taste like pee.

Try Maes pils Belgian beer is much better after all we have the best beers of the world.


...we have the best beers of the world.

I thought Germans claimed that?


They wish. Beer chocolate strawberrys and frites is ours :evil:
Lose professionally!

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