NexusFi: Find Your Edge


Home Menu

 



Showing results 1 to 9 of 9
Search: Posts Made By: Pedro40
Forum: Trading Journals March 5th, 2016, 06:26 PM
Replies: 91
Views: 19,053
Posted By Pedro40
Don't feel too bad, at least you were smart...

Don't feel too bad, at least you were smart enough not to trade full size. Although 3 contracts maybe a bit low now, specially that you are in profits. As long as you keep making money you will...
Forum: Trading Journals March 4th, 2016, 06:57 PM
Replies: 91
Views: 19,053
Posted By Pedro40
Sure. This is assuming the trader trades the full...

Sure. This is assuming the trader trades the full maximum allowed number of contracts all the time, and to make it easier, I will talk in ES points instead of dollars:

1. In the 30K Combine both...
Forum: Trading Journals March 4th, 2016, 12:12 PM
Replies: 91
Views: 19,053
Posted By Pedro40
I think you chose the wrong Combine. Beside there...

I think you chose the wrong Combine. Beside there is not a real difference between the 100K and the 150K (so you could have saved 50 bucks right there) you should have done the 30K, for a couple of...
Forum: Trading Journals March 2nd, 2016, 08:47 PM
Replies: 91
Views: 19,053
Posted By Pedro40
Depends on the strategy. Apparently that is how...

Depends on the strategy. Apparently that is how it works for OP, it could work differently for others.

At least for the first few trades of the day I would still keep the contract numbers down,...
Forum: Trading Journals March 2nd, 2016, 07:03 AM
Replies: 91
Views: 19,053
Posted By Pedro40
Come on man, as long as you keep the contracts...

Come on man, as long as you keep the contracts low, you are doing fine. Yesterday you went 10 contracts again and got your second biggest loss. Keep it 3 contracts max. until you make it to positive...
Forum: Trading Journals February 27th, 2016, 01:21 PM
Replies: 91
Views: 19,053
Posted By Pedro40
I just would like to point out the fact that...

I just would like to point out the fact that since you scaled down and use only 2-5 contracts per trade you had 3 winning days and 1 small loser.

This is a perfect example when people follow good...
Forum: Trading Journals February 20th, 2016, 03:58 PM
Replies: 91
Views: 19,053
Posted By Pedro40
You only have to cut size until you get a little...

You only have to cut size until you get a little profit cushion. So let's say you made 1-1.5K you can go back to your original size, and if you lose from there, you cut again. This way you can keep...
Forum: Trading Journals February 19th, 2016, 10:19 AM
Replies: 91
Views: 19,053
Posted By Pedro40
Yes there is a point to it, called tough love....

Yes there is a point to it, called tough love. Some people just never learn, including myself sometimes.

We already told him to cut size, did he do it? No and thus he has big losses. Otherwise...
Forum: Trading Journals February 11th, 2016, 11:31 PM
Replies: 91
Views: 19,053
Posted By Pedro40
Time frame doesn't help with volatility. Size...

Time frame doesn't help with volatility. Size does. Instead of using 4 contracts, use 2 or 1 and average up when it goes your way....
Showing results 1 to 9 of 9

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top