Traders Laboratory - View Single Post - Staying on Track and Pushing for More...
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Old 04-13-2008, 05:58 AM
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BlowFish BlowFish is offline
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Join Date: Mar 2007
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Re: Staying on Track and Pushing for More...

I have a soft spot for real estate. Guess now is not the best time to start scaling in! I really should be scaling out but London seems to be holding firmish. A subject for another thread.

If you are really confident that your intraday strategy is on track why not trade more contracts as your account size grows. Basically risking the same percentage? Exponential growth is fearsome. Simply averaging 2 ES points a day and risking 2% of a 10k account starts making millions in less than a year (from memory easy to crunch numbers in excel). Of course most people hit psychological walls as they trade more contracts on each trade. Still there's a challenge for you. I always used to have a longer term ambition to trade 100 cars (ES) without emotional overload. Of course have rules for taking chunks out so you can buy the Browns!

How about setting some capital aside for swinging some other instruments? Go on, I know you want to from your contribution to other threads

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