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Old 05-16-2007, 09:14 AM
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BlowFish BlowFish is offline
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Re: if you had to start over...

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I understand that you are trying to keep the risk to a small % - but explain to me please what is the difference from the trades perspective if you place 2 contracts with a 5K account or 2 contracts with a 25K account. The market doesn't know.

--Snip--
The reason people keep limit risk on any single trade percentage of there margin is to prevent blowing up. Your risk of ruin grows significantly as you put more margin at risk on any single trade.

As an example if you had a rigged roulette table that paid red 60% of the time would you bet all of your stake each spin? How long would you last? Would you bet 2%? 10%? 50%? Why?

If you had a roulette table that paid 70% of the time would you risk more? How much more?

The objective is to stay in the game, money will come if you do (and you have a positive edge of course).

Cheers.

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