No prob Libros )) that US humour or which ever country WHTenn is from....dont take it personally // where are you from by the way?
yea Bossxero this thread is cool --- some nice thoughts and good experience feedback....but we don t care if it gets noticed, do we? as long as thoughts are shared, of course if more people kick in, that s better !
Something to add on Risk - more than a Return variable - >> when using leverage it can be directly linked to your immediate accerated failure of the account -- everybody knows this, of course !! huh do they? how many time have i seen traders with no MM going bust in a few minute...i confess it happened to me also ... so the well known RR ratio is one thing, managing postions with leverage is just another ... there s nothing established when it comes to this !! one could of course try and forecast Max drawdowns, average drawdowns and other past market behavior acc/ system --- that is why : MORE than rewards, traders NEED to focuse on RISK and fully understand what one leverage position does to his/her portfolio - what three posi° do - with high leverage implied.
Reward is what comes after Risk is understood and "under control" and the more positions, the more intricate MM needs to be!
that s why when stalking a new market use the .1 or .5 untill u "feel it" and your MM allows u to increase the stake.....
exni