MightyOne wrote:prochargedmopar wrote:One reason I fear large lot sizes.
Look what 5 cents per pip can do.
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& how many 2 day extremes did price have to murder to get there?
Risk is normalized, it is the same at $0.05/pip as it is at: $0.50, $5, $50, & $500/pip.
Double your size & halve your space, risk is the same.
$5 over 40 pips = $10 over 20 = $20 over 10 = $40 over 5 = $80 over 2.5 = $100 over 2 = $200 over 1.
"But I can't get my risk box down to 1 pip!"
You can with OPM!
You should be more afraid of small lot sizes as that is what is going to hold you back for the next 7 years.
Can we please stop @these?
It's a murderous task to perform.