Money Mangement, Do you take it serious?
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Thread: Money Mangement, Do you take it serious?

  1. #1
    Have you setup some money management rules?
    What is your egy?

    Do you let a drawdown of more than 25 percent for your account?
    What would you do if you face a 10% drawdown?

    What proportion of your account would you risk per transaction?
    Do you enter a trade using a Risk Reward ratio of over 100%? What about a transaction using a Risk Reward ratio of 50% to 100%?
    Do you calculate S/L, T/P, and Risk Reward ratio prior to entering a transaction?

    What can you do if your account grows by 10%?
    What would you do if your account grows by 25 percent or more?

    Do you take these stuff serious?

  2. #2
    Quote Originally Posted by ;
    You bet.It depends upon the egy, however as a general rule I risk 3 percent per trade.I have previously. I have done a drawdown that was 75 percent. Currently? Heck no. I would shoot myself.Depends if it's in my trading plan... if the system suffers this loss, but overall is powerful, then I guess I do nothing and keep following my plan, since I hope my system.3percent
    You imply 1:1 or 1:2? 1:1 would need to be 51% or higher success rate.Yes. I've got a spreadsheet that I plug in my capital and risk quantity in, and it automagically informs me how many units to risk. It's dandy. Nothing. Why be emotional?Nothing. Why be emotional?I want to be a specialist working two years for myself. I feel it will happen since I will triumph no matter what. I really don't trade with money I can afford to lose. Whoever invented that saying should be removed and beaten like a punk. So yes, I'm a tad serious... If you had a company, wouldn't you be?

    Here, let me break it down for ya's:

    I hear that the newbies in the forums boxing
    Mr. Trend and DS obtained all the traders watching
    I hear these jam japing bumping firearms pursuing crones
    We ain't concerned with them bums we accumulating funds
    They think we do not take our funds oh so considerable
    till they view our accounts grow thus angry.
    See me in the new Benz cuz I'm oh so ballin'
    Or a old-school slab together with the couple wheels fallin'
    We have em talkin' but they ain't saying too much
    Just speculating that money management is just a crutch.
    Oooohhhhh Kaaaaaayyyyy....

    I'm still working on the beat, however.... yeah....mmmmm .... send me a demo.... I understand.... Such as....we do not want a hot mess....but yeah.... We'll give you a call....mmmmm....How about this little bit of taste??

    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

    They call me MISTER TREND,
    Money Master calls me buddy,

    we obtained'em talkin'
    da newbies,
    we got em walkin'
    da newbies

    and me and Dark Star we just stalkin, stalkin

    ....


    Like handsome guys from Brooklyn.... Dey bums,
    let em bump dey gums while we're gettin da capital;

    Permit em bump dey gums while we're gittin da funds
    Permit em bump dey gums while we're gittin da funds

    Like a five cent stamp they something of the past
    and enjoy dead guys walkin, they got a stand up dey whooooops

    bums still tryin to think

    but we kickin ass cause dey stuck previously

    Permit em bump dey gums while we're gittin da funds
    Permit em bump dey gums while we're gittin da funds

    Yeah we're so mysterious, but we take our funds severe
    den dey view our bank grow like pinochio's nose
    No we do not be lyin cause we too busy flyin
    shore to shore like Jay Z, he da many....
    Den we hop in da benz, da AMG benz,
    trigger we haulin.... we ballin.... And we makin dem ends

    Permit em bump dey gums while we gittin da funds
    Permit em bump dey gums while we gittin da funds!!!!

  3. #3
    Quote Originally Posted by ;
    Oooohhhhh Kaaaaaayyyyy....

    I am working on the beat, but.... yeah....mmmmm .... send me a demo.... Ya know.... Like....we do not need a sexy mess....but yeah.... We are going to provide you a call....mmmmm....How about this little bit of taste??

    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

    They call me MISTER TREND,
    Money Master calls me buddy,

    we obtained'em talkin'
    da newbies,
    we got em walkin'
    da newbies

    and me and Dark Star we merely stalkin, stalkin

    ....


    Like handsome men from Brooklyn.... Dey bums,
    allow em bump dey gums while we be gettin da capital;

    Let em bump dey gums while we be gittin da funds
    Let em bump dey gums while we be gittin da funds

    Just like a five cent stamp they a thing of the past
    and like dead guys walkin, they got a stand up dey whooooops

    bums still tryin to think

    but we kickin butt cause dey stuck in the past

    Let em bump dey gums while we be gittin da funds
    Let em bump dey gums while we be gittin da funds

    Yeah we be so cryptic, but we take our money serious
    den dey see our bank grow just like pinochio's nose
    No we do not be lyin cause we too occupied flyin
    coast to coast such as Jay Z, he da most....
    Den we jump in da benz, da AMG benz,
    trigger we haulin.... we ballin.... And we makin dem ends

    Let em bump dey gums while we gittin da funds
    Let em bump dey gums while we gittin da funds!!!!
    ROFL! Loves it!

  4. #4
    Mm is crap!
    It's about shedding small and delaying your ultimate forex tip (POKER TILT).

    If mm was so great, people would all be winning by now especially the
    money managers. NOPE! Money managers have after year.

    The secret is to get an edge. The advantage is that you. It's not mm.
    Folks utilize mm all the time in blackjack, poker, forex. Yet, most are losers!!!!!!

  5. #5
    Quote Originally Posted by ;
    Dude, mm is crap!
    It's all about losing small and reevaluate your eventual Currency Market tip (POKER TILT).

    When Y has been so good, people would all be winning by now particularly the
    money managers. NOPE! Money managers have after year.

    The secret is to have a border. The edge is that you. It isn't mm.
    People use mm all time in blackjack, poker, Currency Market. Yet, most are winners!!!!!!
    OMG there is someone else which gets it, so much attention is set on losing gradually so that you can manage to lose another day it is sickening, with no focus on earning money.

    If your earning money then exchange as many lots as you can stand and you'll make more money, which is rather the point.

    If your losing cash, commerce Demo or as small as you can / as large as you can stand to shed while learning.

    Sorry not here to shed gradually, I am here to win large, MM gets in the way of this.

  6. #6
    Quote Originally Posted by ;
    Sorry not here to lose slowly, I am here to win large, MM gets into the way of the.
    I really like your 1min TF ribbon, along with your contributions here are tremendous...
    but see that sentence and tell me that seems like the suitable trader mindset.

    Only my 2 cents, I am getting destroyed recently. . .so maybe you are right.

  7. #7
    Quote Originally Posted by ;
    I really like your 1min TF thread, and your gifts here are tremendous...
    but read that sentence and tell me that sounds like the suitable trader mindset.

    Just my 2 cents, I'm getting ruined recently. . .so maybe you are correct.
    Well Until firstly...

    Yep thats the way the trading mindset needs to be, aggressive and confident not afraid to take chances knowing full well over all if you risk more you will over all make longer, its only different to the standard risk 1% of your account each commerce mindset and eliminate money slowly.

    Would you want to get rich and retire?? Or create 10% each year??

    And again to Demo for you, begin from a blank slate, workout whats working currently, practice subsequently do this, and when it stops since it will, repeat!!

  8. #8
    Why profit on Demo when you can lose for Real?


    (only a little joke, cheers!)

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