Had two losing trades today -40 = -46 this week
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Updatelong dax 12283.8 long 12340 put for 60
risk 4 ticks
Professionals manage risk
I can't be bothered to explain to you but surely you can work out at some stage on your own how that method of trading is so so bad.long dax 12283.8 long 12340 put for 60
risk 4 ticks
Professionals manage risk
I can't be bothered to explain to you but surely you can work out at some stage on your own how that method of trading is so so bad.
You have a calculator or even a pad and pencil.
No it is not 1 to 5.I opened another trade 4 ticks risk .the last one made +20
So risk reward = 1 to 5.
tell me , but you can't , you can speak because I AM DUMB.No it is not 1 to 5.
Are you really so dumb or you just work hard at it?
there 5 incl spread maybe 6 ticksNo it is not 1 to 5.
Are you really so dumb or you just work hard at it?
If I have nothing to do one day I will explain the error here for you.there 5 incl spread maybe 6 ticks
I know exactly what I am doing here !If I have nothing to do one day I will explain the error here for you.
Surely you need to think yourself tho, just once.
You took your position to go long presumably, so at what level does it need to hit for you to make money? I know the answer just trying to engage your mind here.
You showed two trades and said they were related, so can you explain just that, what you had for breakfast and weekly is not relevant here. Just explain the payoff's on the trade you used as your 5/1 and lets start from that.I know exactly what I am doing here !
It has to hit 12350 to make , probability is low .
At the money options I already have positions .If I buy at the money I pay 20 ticks , so if price goes to 12340 I will make 20 , risking 20 to 20 .
In my trade , if volatility breaks out , I will make 20 for 6 risk.
I have weekly calls at 12300 , that is open till friday.
You have risked few hundred ticks for your 4 positions , that makes you amateur