Recent content by sammythescalper

Dear all, Great to be part of this fine community, and I wish you all the best with your respective trading endeavours. I trade the S&P E-mini intra day, and have recently moved from trading 1 lot to multiple (the latter depending upon certain risk parameters depending upon the trade), and am...

Hi guys, Any good material on trading soft comms? Thanks, S

Correction - 8-15 ticks at a high frequency as compared to 5-10 at a much lower frequency.(Not magnitude). The trades I am placing at the moment all seem to be working like clockwork, though one is of course wary of not getting too excited

In other words I'm not one of those 'inverse rare event traders', as Taleb puts it, but the opposite in the respect that I make 8-15 ticks a time at a high magnitude and lose 5-10 relatively infrequently. I also think that the application of discipline of this method ought to prevent ruin. What...

Right, Well I seem to have found a discretionary system which to date is working very well. It just so happens to be where I seem to make a very high percentage of winners. I fully take your points on board, however believe a stop is necessary in case of any significant breaking news that can...

@ Mr Forman, thanks a bundle - that has made all the difference to my game. My focus has shifted more to getting better entries and win % rather than where my stop should be. Arguably the best placed trades don't even need a stop under normal conditions. The stop is there merely to prevent a...

Thank you for your response. I look at my target/s and entry and determine a stop based upon that criteria. Do you think that is a flawed approach? Thanks, Sammy

Hi Guys, I'm Sam and am training with a prop house, still on the sim and have just started trading more than one contract. I'd like to learn of your views concerning questions of risk/reward ratios, and managing trades with multiple contracts. I've found conventional wisdom tends to preach a...