A typical martingale system. One strong move after averaging down so heavily and the account goes down 90%.
I see you already got some margin calls in those 2 weeks.
I have an aggressive strategy.
It’s true.
But I do not use martingale.
You constantly add to losing positions. You start with 4 contracts and end up with 40.
I wish all the best to you and even more to those who may follow your signals.
I’m not only increasing my position.
I’m cutting back on the position.
I actively manage the position.
http://image.prntscr.com/image/8342411abb3d465cbe64fd7143ba6dc3.png
how is anyone suppose to trade this size? scaling small won’t even work as starting positions won’t get filled.
2 Likes
I started with 50,000.
Now cash accounts are 196,862.
To maintain the growth rate, I increase the size of the trading position.
If the subscriber joins later and his account is less, then you can use scaling. Set not 100%, but 50% or 25%
Just one question.
In your professional opinion, if a person has 50 000 $ for trade, how many ES contracts should he trade?
And I actively manage my trading position.
I buy and sell without a full closing position.
Is this a question for me?
Yes. Please, answer.
Thank you
the other day you had 96 ES. even at 25% that could blow up an account. why not start a new system, limit es size to only 10 max and I people will join.
1 Like
Not in the US session, the maximum size - 6-7 contracts.
During the American session, the trader can increase the size of the trading position to 20-25 contracts.
IMHO
Thank you.
So, you recommend 50 : 1 margin?
What are the risks of blowing entire account?
Look at the details of this transaction.
And other deals.
96 is not the maximum size of a trading position.
This is the total amount of traded contracts in this transaction.
I then increased, then reduced the size of the position, without a complete closure.
No, thanks for the suggestion. I will continue this strategy. In the future, perhaps I will make a rescale strategy.
I wrote in the beginning of the topic - this is an aggressive strategy. Potentially high income. But it is logical that there is a high risk. While the market is supportive and I manage to avoid losses.
I do not recommend anything to anyone.
I just wrote my own idea. Fits me.
From my understand C2 does not calculate day trading margin.
@ES E-MINI S&P 500 CME 50 USD 18:00 17:00 18:00 17:00 $5,625 $4,500
On this trade… 3/30/17 9:49
@ESM7
E-MINI S&P 500
SHORT
96
2362.56
3/31 1:37
2361.53
n/a
$4,684
Looks like you had 74 contracts short at one point. Good luck to your sir and best of luck to followers.
1 Like
Now I have a short for 16 contracts.
And I still have the power at $ 174,453.
Intraday margin is $ 1407.
That is, I can add 174 453/1407 = 123 contracts.
And the total size can be 123 + 16 = 139 contracts.
This is the maximum size at the moment. But I do not use it.
http://image.prntscr.com/image/6e1a85005e0547c182bce370d359b1b8.png
Right.
And thank you for your kind wishes.
Although I understand that you are being ironic.
