bredin wrote:spa wrote:bredin wrote:HMMM...
I think Ive been doing this differently...
3% risk over 45 pips = $300/45pips (at 10k account)... .66 lots..
inject profit into space = $2660/45pips.... 5.91 lots
can you see that your space is still 45pips (?) but the lotsize has gone crazy now thats compounding!
if one can string a bunch of winners on that it's awesome ..however resizing down gone be difficult
Depends on my Battle Plan Im im going up to a bigger chart I want extra space, if im still a bit short I'll jam the profit into a smaller charts space and increase the lotsize.
It doesnt take a big run of winners for the numbers to get stupid.
Friday I scalped (Rat traded) for 7 and 8 pips at a time using 45 pips and things got pretty stupid just taking 7/8 pips and injecting that profit and upping the lot size... taking 7 pips again... now thats how I think TRO managed to make a killing on the small trades... Its madness!