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How much of your account do you risk per trade, on average?


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How much of your account do you risk per trade, on average?

  #21 (permalink)
 
syswizard's Avatar
 syswizard 
Philadelphia PA
 
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jamrock View Post
fortuantely citadel etc hve a monopoly on speed and the regualtors to solidify their position in this NON FREE MARKET of ours

What a stupid statement. Unless they are spoofing for their profits, they are not doing anything wrong or illegal.
They're likely only pulling down +2 ticks max per trade on average. So for 100 trades per day, and 100 lot size, they are making 1/4 million per day with their algos.

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  #22 (permalink)
 jamrock 
tampa florida
 
Posts: 63 since Sep 2020


syswizard View Post
What a stupid statement. Unless they are spoofing for their profits, they are not doing anything wrong or illegal.
They're likely only pulling down +2 ticks max per trade on average. So for 100 trades per day, and 100 lot size, they are making 1/4 million per day with their algos.

https://twitter.com/ljmpartners

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  #23 (permalink)
 SidewalkAerobics 
Los Angels
 
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syswizard View Post
What a stupid statement. Unless they are spoofing for their profits, they are not doing anything wrong or illegal.
They're likely only pulling down +2 ticks max per trade on average. So for 100 trades per day, and 100 lot size, they are making 1/4 million per day with their algos.

How much for 10,000 trades considering commission, slippage, and no/partial fills.

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  #24 (permalink)
bedon
Melbourne Australia
 
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I vary my % based on recent performance. From 0.25 when I'm doing poorly to 2% max when I'm doing really well. Never more than 5%.

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  #25 (permalink)
 
syswizard's Avatar
 syswizard 
Philadelphia PA
 
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SidewalkAerobics View Post
How much for 10,000 trades considering commission, slippage, and no/partial fills.

The two ticks was net of slippage and commissions.

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  #26 (permalink)
AurumGem
Portsmouth, NH, USA
 
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My little experience I had learning from VP at Nononsense Forex to not trade more than 2% of my Account at any one time has saved me a lot from potential total Account collapse. I used to pump massive portions of my Account into Trades that I hoped were very promising, while I had not tamed my emotions to trade more objectively. In consequence, I lost heavily on a few occasions from just even little diversion from my anticipated direction of the Market. When I forced myself to take the advice of VP more seriously, it soon dawned on me how highly reasonable that suggestion of trading within 2% of Account was. I noticed the little reversals that could have cost me a whooping loss became very manageable, and was able to rebound with better trades shortly later.

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  #27 (permalink)
 
syswizard's Avatar
 syswizard 
Philadelphia PA
 
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AurumGem View Post
My little experience I had learning from VP at Nononsense Forex to not trade more than 2% of my Account at any one time has saved me a lot from potential total Account collapse. I used to pump massive portions of my Account into Trades that I hoped were very promising, while I had not tamed my emotions to trade more objectively. In consequence, I lost heavily on a few occasions from just even little diversion from my anticipated direction of the Market. When I forced myself to take the advice of VP more seriously, it soon dawned on me how highly reasonable that suggestion of trading within 2% of Account was. I noticed the little reversals that could have cost me a whooping loss became very manageable, and was able to rebound with better trades shortly later.

What about a daily loss limit ? 5%, 10% ?

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  #28 (permalink)
SunTrader
Boca Raton, FL
 
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LastDino View Post
It is, no doubt.
But then again, if you are scared of those fair punches, why box?

You might want to try that again.

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  #29 (permalink)
 
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 AllSeeker 
Mumbai, India
Legendary Pratik_4Clover
 
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SunTrader View Post
You might want to try that again.

Nope, no messing with florida man, you win

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  #30 (permalink)
SunTrader
Boca Raton, FL
 
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LastDino View Post
Nope, no messing with florida man, you win

Was looking for clarity - not a win.

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