Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
You do not always average in - that is the problem.
When a trade does not hit all your entries, then you are left with only a 1/3 or 2/3 position.
For the purposes of your paper calls you count this as a full trade.
do yo know my trading account ?? are you trading my account ?
incorrect again my friend, why do people make false assumptions without any proof?
that is why you have caused me so many problems
i always average into a position
for example
take ftse position right now
I started to enter @ 5510
, now say if it rallied immediately to 5515 and I would then enter a few contracts @ 5515
let it settle and then enter a few more
what it measn is that my average will be poor @ 5514 or 5512
now 5505 ???
this happens very rarely but i alaways get 4/5 contract on every trade
now when yo batting @ > 90% then it is fine
but if you batting @ 60% you are in real trouble ???
the most important point being is that my stop loss always remains stagnant ??
on this occasion = 5465
my stop loss never moves ??
never moves !!