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It appears that your going deep into drawn down to acchieve little profits, a ratio of 100:1000 or 1 to 10.
yesterday you were 8000+- in DD and today it shows almost 3000 but your profits only increased by 400 +-.
Are you using any stops? Is this one of your mutiple positions system? The ones that open positions, micro lots one each bar? If thats the case I can see how you would need that size account to trade it.
Risking 4000 to make 400 doesnot look like fun to me. May be you should explain a little bit as to your thinking here or do we have to go to your web site to get that.
Take a look at the markets the last three days, that should explain everything? At least I thought it did?
When the market goes flat, most, if not all Swing traders that trade the same way I do, shut shop and take profits way smaller than they normally would waiting for a break somewhere.
Not really to keen to go into any detail on a public forum suffice what is here and on my page? very happy to chat with you about it on EFT if you like though?
Cheers
Wayne
__________________ FatCat
Last edited by KaMpeR; 09-26-2008 at 11:43 AM.
Reason: Spelling.
Take a look at the markets the last three days, that should explain everything? At least I thought it did?
When the market goes flat, most, if not all Swing traders that trade the same way I do, shut shop and take profits way smaller than they normally would waiting for a break somewhere.
Not really to keen to go into any detail on a public forum suffice what is here and on my page? very happy to chat with you about it on EFT if you like though?
Cheers
Wayne
Wayne
I think my membership to EFT is no longer in effect.
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