| Re: Tradergames: 50% poker / 50% trading
By the way, in my real trading, I'd never risk all the money in one trade: smal risk at the beginning, and just add moderately as prices goes in my favour(see the attached). Bottom line is you shouldn't risk more than 10-15% of your total trading capital.
But in the case of game trading, sun's suggestion to add all the lot initially, and scale out makes lots of sense. The only drawback I see, is that you better be right in your initial trade direction, otherwise 4137 pounds per point move can easily put you behind all your opponents in a very short time! |