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A trade on CL and Scaling in at every 10% Increase ........


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A trade on CL and Scaling in at every 10% Increase ........

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  #1 (permalink)
md1933
memphis
 
Posts: 74 since May 2016
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Good Evening ,

Can someone help me , with the Profits that would be gained , if the following Theoretical Example were to play Out

EXAMPLE:

We enter a Long on CL at the price of $37 ( Trading just 1 Contract )
For Every 10% that CL increases in price,we will add 1 contract

My Calculations for when to add 1 contract/The running total of Contracts at each ( 10% ) mark......
1. at $40.70 we'd add 1 contract = 2 contracts we are now trading
2. at $44.70 we'd add 1 contract = 3 contracts we are now trading
3. at $49.17 we'd add 1 contract = 4 contracts we are now trading
5. at $54.08 we'd add 1 contract = 5 contracts we are now trading
6. at $59.48 we'd add 1 contract = 6 contracts we are now trading
7. at $65.42 we'd add 1 contract = 7 contracts we are now trading
8. at $71.96 we'd add 1 contract = 8 contracts we are now trading

And then we'd just trade the 8 Contracts , from $71.96 to $77

If this trade worked out this way to the " T " , and we scaled-In and added 1 contract per 10% increase in CL , what would the Total Profit be , once CL hit $77 ?

Thank you for any and all help and input

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  #3 (permalink)
 Redhouse 
Oakland, CA
 
Experience: Intermediate
Platform: IB, TOS
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I take it you want help with expressing this mathematically rather than for someone to do the arithmetic.

x=37
First difference: ((x+x(.1))-x
Second difference 2((y+x(.1))-y-x; where y=((x+x(.1))
And so on...
Note: why stop at $77, it breaks the pattern.


Sent from my iPad using NexusFi mobile app

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  #4 (permalink)
md1933
memphis
 
Posts: 74 since May 2016
Thanks Given: 110
Thanks Received: 15

Redhouse ,
thank you fir your reply and help

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Last Updated on December 15, 2016


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