|
Simply put...you cannot apply a sliding scale (this is what a percent does) to the same progression over and over again , trade by trade...as you progressivley set the goal harder and harder and harder with increasing exposure values, in other words without increasing leverage or progression.
Spoonfeed:
1 instrument
initial:1K
$25.00 TP (Double this when you reach 2k...not before!)
$500.00 SL (you need room to run...this is a hedge of long and short...do not forget, pyramiding is your salvation) (Double this when you reach 2k, not before!)
USD/JPY : NextTrade=16
Start 0.01 (Double this when you reach 2k, not before)
increment 0.01 (Double this when your reach 2K, not before!)
CloseAllMax "false"
TF:5
ES
Last edited by ElectricSavant; 01-15-2008 at 08:24 PM.
|