The ideas that I trade by:

[newscalper]

Hehe, you;ve done your pic quicker than me Arcan.

I wondered if this was the right kind of idea?

[dojirock]

questions.....

[arkan1976]

Sorry news but no....
I imagine you want to buy, then the fibtool is the same that your box.

You only must to put your entry in function your if/then.
See the pictures, there are differents space/lots in the same point.
You see , if your position (00 - xxxx - 04) is more near the if/then, then is more riskly ...

[arkan1976]

Hello Doji,
question 1: Yes , the box is the 4%, but i used the same picture, really the box would be more large.

Question 2 : I only enter one time in function my if/then, If the price is more near the if/then , then i´m more aggressive.

Imagine your box is 100 pips / 4% of your account. You make 100 pips, then you have a new box with 200 pips ( 4% is your money and 4% is market money).
You can use only Market money ( 100 pips box) and reduce to 50 pips and double your lots.

[dojirock]

so if i only want or need a 20 pips stop then i slide the fib tool up to increase my lots and reduce space? But my entry would remain the same place regardless.

The space box acts as a sliding rule kind of?

[Karma]

You guys are getting close, but maybe MO can shed some more light on my idea here

Using the fib tool as a sliding lot adjustment isn't just for knowing how you should close your lot size but also for how you should expand it

I'm going to upload my spreadsheet before the end of the night for you guys to take a look at

I risk 25% of my space at a time (25 points) but I would have expanded my lot size by 30 or 40% before I make 50 points... therefore about doubling my gains vs. losses

I have 4 chances to get it right and once I do, depending on how far my way it goes, I can make massive gains while risking very small amounts and then putting it all on the line

[arkan1976]

so if i only want or need a 20 pips stop then i slide the fib tool up to increase my lots and reduce space? But my entry would remain the same place regardless.

The space box acts as a sliding rule kind of?

Yes !

[arkan1976]

You guys are getting close, but maybe MO can shed some more light on my idea here

Using the fib tool as a sliding lot adjustment isn't just for knowing how you should close your lot size but also for how you should expand it

I'm going to upload my spreadsheet before the end of the night for you guys to take a look at

I risk 25% of my space at a time (25 points) but I would have expanded my lot size by 30 or 40% before I make 50 points... therefore about doubling my gains vs. losses

I have 4 chances to get it right and once I do, depending on how far my way it goes, I can make massive gains while risking very small amounts and then putting it all on the line

Very interesting karma, thanks.

[Karma]

I'm gonna give you guys a "for instance" chart to go with it

[dojirock]

Thanks Karma,

This space thing haunts me...lol.....I figure if I can get the hang of this, my decent returns should become massive....

I havent reached my goal of 100 percent in one month yet..!