Brewski's Leverage Abuse

This is a discussion on Brewski's Leverage Abuse within the Trading Journals forums, part of the Reception category; Originally Posted by counter_violent What price? All those 20%'s add up you know. First and last rule of trading.....protect the ...

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Old Yesterday, 4:41pm   #691
Joined Sep 2010
brewski1984 started this thread
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Originally Posted by counter_violent View Post
What price?

All those 20%'s add up you know.

First and last rule of trading.....protect the pot...no pot = no trading.

And yes, I do understand the purpose of the thread.
Man am I glad I moved my stop in Oil!

Yeah you're right and if I was trading properly I wouldn't be giving it all back like I have been. I'm in Dow Sep 18 at 25008 which is around 25026 cash. I have the whole 1k at risk so let's see what happens - I'll post a screenshot when I can to show it. To be honest, the Dow swings are wide at the moment so either I'll lose straight away or I'll get a decent profit then lose after that
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Thats just b0llox trading. Its all b0llox Spencer.
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Old Yesterday, 5:21pm   #692
 
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Quote:
Originally Posted by brewski1984 View Post
Man am I glad I moved my stop in Oil!

Yeah you're right and if I was trading properly I wouldn't be giving it all back like I have been. I'm in Dow Sep 18 at 25008 which is around 25026 cash. I have the whole 1k at risk so let's see what happens - I'll post a screenshot when I can to show it. To be honest, the Dow swings are wide at the moment so either I'll lose straight away or I'll get a decent profit then lose after that
No, No, no!

You will make a decent profit, followed by leveraging that profit to ever larger sums until you break the Dow.

Go, Brewski, go!
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Old Yesterday, 5:33pm   #693
Joined Sep 2010
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Originally Posted by trendie View Post
No, No, no!

You will make a decent profit, followed by leveraging that profit to ever larger sums until you break the Dow.

Go, Brewski, go!
never in doubt mate
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Thats just b0llox trading. Its all b0llox Spencer.
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