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I guess its relative to your account size.......to some, trading 3-4 contracts is too much risk...but if I were some big shot treader..I probably wouldn't really be too worried about 32 contracts.....
Risk tolerance is based on the size of your account right? |
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My risk tolerance is based on a psychological comfort level that I don't want to exceed, not on the size of my liquidity, net worth or size of account.
I'm not looking to buy a helicopter and a villa on an exclusive island so there is no need to press the contract size and thus the risk with a commenserate rise in anxiety. So I guess that puts me out of the big shot trader league, but I'm not complaining.
A successful trader can make a very good living consistently winning 2 points per day on 32 contracts.
Anyway, we're getting off topic here so if you care to continue the dialogue, email or pm me.