You get it didn't happen in 1 day, or 1 hour, or 1 min, it happened in 0.01seconds, your SL hit, went market order and your down 30,000pts or...
Here is a new Tutorial on TradersStudio
I disagree. It's impossible to have a meaningful conversation about anything unless you can atomically isolate the topic. I could have written a...
...waist of energy. So it does not demonstrate the power of money management at all. And stops are no guarantee that you will not lose more...
OP: disingenuous / ulterior motive.
...Again, note that this is a highly hypothetical and highly simplified example. But it should still illustrate the power of this money management...
First of all I want to say that I don't take pleasure in other people's misery or bad luck. Second: I also wiped out a 50K account in past in...
The black swan event happened in market hours, overnight has nothing to do with it.
...I like to trade in Gold. Actually, I always follow proper money management policy in my trading. Because, I need a consistent profit not sudden...
What does that mean?
The event should not have wiped anyone out if they using sound money and risk managment. If you risk 100 pips as 1% of your account. Then a 1000...
Agree but many hold 100x, the suckers I mean.
this is bollocks: The pair did not drop down 30 or 40 percent. There were tons of fills done above parity. Sure, even a 10%-20% hit would badly...
...not be giving the correct answer, but holding a 4x margin position overnight does not sound like good money management. That seems super high risk.
...themselves. Even if you had placed a stop and used good money management, your entire account was done. Period. If that stop was not honored...
It seems to fall on deaf ears, I have not heard a single legitimate defense from IB other than the vague "regulators make us do it" which is...
In part it depends on your time frame ... letting your profits run sounds great but for a day trader you're constrained somewhat, assuming you...
...that matter a 3 to one trader) a loser, no matter what money management system he has going for him. 90% is money management, 10% is guessing...
Sad, and/but True!
...it! @bone Thanks for your feedback. I agree that money management is too often merely an afterthought, and that it can't really be distilled...
Separate names with a comma.