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Started:August 28th, 2012 (03:26 PM) by gparkis Views / Replies:417 / 1
Last Reply:August 28th, 2012 (03:26 PM) Attachments:0

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Old August 28th, 2012, 03:26 PM   #1 (permalink)
Elite Member
New York City, NY/USA
Futures Experience: Intermediate
Platform: NT
Favorite Futures: 6E, ZN, CL
Posts: 121 since Dec 2010
Thanks: 3 given, 74 received


I am looking to start a thread on managing a trade and exploring the math involved with varying different variables that we can control.

which would you prefer:
1. to put on your full position and then scale out, or
2. to put on your minimum position and build it as trade develops.

Assuming a target of 10 ticks,
you could play 10 lot, and take one contract off each tick or
you can play 1 contract, and add 1 contract each tick.

numerically they produce the same gain, however, and this is what I want the focus to be...the risk is entirely different.
option 1 mitigates risk as you move in your favor BUT your initial stop outs are your largest loss.
option 2 increases risk as you move in your favor BUT your initial stop out is your smallest loss.


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Old August 28th, 2012, 03:26 PM   #2 (permalink)
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