MightyOne wrote:prochargedmopar wrote:With the activity in this thread, It appears most are unwilling to let go of the MICRO pip.
You don't have to 'give up' the micro pip.
Let's say that you trade Space Wars at $0.10/pip.
If you make 15 macros at $0.30/pip ($45) then you have 45 space at $0.10/pip.
Accumulate to $3 & 100 space and the same 15 macros is $450.
We are not going to risk all of our labor on one trade so we either trade
2 charts at $1.50/pip or
3 charts at $1.00/pip (10 macros for each).
If you are only at $3 & 60 space then you can reduce to $2/pip for 90 space (9 macros)
or you can reduce to $1.50 for 120 space or 12 macros...
...with the first option you would trade 2 charts with a 9 macro stop for $2/pip &
with the second option you might trade 2 charts with a 6 macro stop for $1.50/pip.
For as long as size can be reduced space can be multiplied & risk can be diversified;
accumulation is critical to your success.
I suppose you mean $0.30 per macro pip. 15 macro pips
for $4.50 space, then 45 micro pips equals $0.10/pip.