Double your money the easy way

[wackypete2]

121 posts on this thread and you haven't doubled your money yet?
I had high hopes...

Peter

 

[wackypete2]

AHA ! Showing your/our age with that quote dc

Age is just a number. Some of us have bigger numbers than others

Peter

 

[megamuel]

Age is just a number. Some of us have bigger numbers than others

Peter

Is that a Gary Glitter quote?

 

[dc2000]

121 posts on this thread and you haven't doubled your money yet?
I had high hopes...

Peter

To quote one from New Jersey "whoa were half way there"

I know I best be good at tradin cos my singin aint for shiat as someone once told me

 

[ProfessorK]

dc you must be a gunslinger among gunslingers to earn these kinds of returns. Well done.
Price Action is where it's at!

If I may ask how are you calculating your position sizing?
Based on ATR, or what you perceive to be highly probable moves, near levels of support / resistance?

Good luck

 

[dc2000]

dc you must be a gunslinger among gunslingers to earn these kinds of returns. Well done.
Price Action is where it's at!

If I may ask how are you calculating your position sizing?
Based on ATR, or what you perceive to be highly probable moves, near levels of support / resistance?

Good luck

Normally I scale in and scale out of a move just using my target calculations and intraday calcs
normal trading maximum is $80pp or equivalent so 16x YM or if Im on another index I might have 10 x YM that allows me to trade for larger moves and still be comfortable away from the screen.
I dont use sup/res but calcs can often come out in the same ballpark.

Now then for this thread Im using max 50% of account on risk but with same calcs as normal, as the account increases I decrease size and risk

 

[ProfessorK]

Mmmmm diminishing risk.
Now that's something everyone can enjoy.

 

[dc2000]

11149 is key for me today I will look to jump off there although expecting 242 a break of 149 remains key for the long position

 

[dc2000]

DOW trades exited 11157

 

[BeginnerJoe]

So, have we doubled the money yet ?

 

[dc2000]

So, have we doubled the money yet ?

close but no cookie yet for a few $$$ more

if the DOW goes 219 to 242 area after the open then I short for 200 points equally if we get 11019 to 42 I will long

 

[dc2000]

in @121 looking for 206@$10pp

 

[dc2000]

in at 11031@ $10pp

 

[dc2000]

out of one at 56

back in at 32

 

[dc2000]

will exit again at 80 market too fast for posting at sam etime

 

[dc2000]

out again at 56

 

[dc2000]

still have 10pp from 121 running will load again if we get 032

 

[dc2000]

in again at 36

 

[BeginnerJoe]

Anything happened to mrfigure's £200pp ? He should have doubled his money by now.

 

[dc2000]

looking for exit over the 100