Forwarded from VIP Leaks Pool [Announcements]
#EdwardMorra | VIPLeaksPool
🛎
POSITION SIZING AND RISK MANAGEMENT
[READ]
There are a lot of people who misunderstand the "risk only 1-2%" per trade rule.
Risking 1-2% per trade doesn't mean you can only use 1-2% of your trading stack. It means that if you get stopped out, your LOSSES should only amount to that much.
Example: Trading stack = 100k. 2% risk of that is $2000. I enter a trade with a stop loss 8% below my entry. so, 8% of how much is $2000? or .08x = 2000, which comes out to $25,000. So you'd actually be using a 25% of your stack but only risking 2%
If you're a halfway decent trader and your trades have R/R ratios of at least 2:1 you will make money with this method.
Formula: (% Stop loss is away from Entry)x = 2% of equity
% Stop loss is away from entry should be in decimal form, so 5% = .05, 12% = .12, etc(edited)
I start with 2% risk on capital per trade
After a losing trade, I will reduce risk to 1% and will only return to 2% after I recoup half my losses from the losing trade.
If I get two losers in a row, I reduce risk to .5% and will only return to 1% after I recoup half my losses from all losing trades, then follow the above step until I'm back to 2%
🛎
POSITION SIZING AND RISK MANAGEMENT
[READ]
There are a lot of people who misunderstand the "risk only 1-2%" per trade rule.
Risking 1-2% per trade doesn't mean you can only use 1-2% of your trading stack. It means that if you get stopped out, your LOSSES should only amount to that much.
Example: Trading stack = 100k. 2% risk of that is $2000. I enter a trade with a stop loss 8% below my entry. so, 8% of how much is $2000? or .08x = 2000, which comes out to $25,000. So you'd actually be using a 25% of your stack but only risking 2%
If you're a halfway decent trader and your trades have R/R ratios of at least 2:1 you will make money with this method.
Formula: (% Stop loss is away from Entry)x = 2% of equity
% Stop loss is away from entry should be in decimal form, so 5% = .05, 12% = .12, etc(edited)
I start with 2% risk on capital per trade
After a losing trade, I will reduce risk to 1% and will only return to 2% after I recoup half my losses from the losing trade.
If I get two losers in a row, I reduce risk to .5% and will only return to 1% after I recoup half my losses from all losing trades, then follow the above step until I'm back to 2%
Crushed short then long. Multiple channels with 100% accuracy lately. Bitmex is all about accuracy.
Forwarded from VIP Leaks Pool [Benchwarmers]
#BitcoinMasons | VIPLeaksPool
**#contributor-center**: https://twitter.com/CryptoniteChain/status/1012842153599307778
**#contributor-center**: https://twitter.com/CryptoniteChain/status/1012842153599307778
Twitter
#TheCryptoConnoisseur 📈 🚀🌔⎝('¬')⎠💰 🛡 🧐 ⚡
No price correlation to Tether being issued #Tether #USDT
Forwarded from VIP Leaks Pool [Announcements]
#CryptoRand | VIPLeaksPool
To sum up. We have some really nice setups around. In other market conditions I would made like 5-6 buys today at market price. But as always, being cautious until BTC clears up the way a little. Don't fall for FOMO and go only for fully secure moves setting SL's and locking profits on a conservative way. A trader is good for its results at the end of the year, not for catching a couple of big pumps. And the only way to arrive alive to the end of the year is by being constant, protecting capital and choosing the trades carefully, you could miss some nice moves but you won't either lose money with risky moves. I think it was on J Murphy book about TA where he stated that you will make 80% of your annual profits during a couple of months (bull runs), what will set the difference is who is able to protect those gains the rest of the years.
To sum up. We have some really nice setups around. In other market conditions I would made like 5-6 buys today at market price. But as always, being cautious until BTC clears up the way a little. Don't fall for FOMO and go only for fully secure moves setting SL's and locking profits on a conservative way. A trader is good for its results at the end of the year, not for catching a couple of big pumps. And the only way to arrive alive to the end of the year is by being constant, protecting capital and choosing the trades carefully, you could miss some nice moves but you won't either lose money with risky moves. I think it was on J Murphy book about TA where he stated that you will make 80% of your annual profits during a couple of months (bull runs), what will set the difference is who is able to protect those gains the rest of the years.
Forwarded from VIP Leaks Pool [Announcements]
21_Cryptos_07_2018.pdf
18 MB
Top 5 for July: BAY; BNB; ADA; UTK; MAN
Join for custom scripted Algo trading by multiple traders. Best way to trade right now in these markets.
Forwarded from VIP Leaks Pool [Announcements]
#EdwardMorra
#BTC
Ok, i don't usually post such risky plays for members, in the middle of the range, but since I legitimately slept over that green box I put couple of days ago (kudos for anyone who longed there, though i doubt if anyone did, which is ok). Sad nobody called it. I am taking more risky entry now. I am ok with this risk, entering this long on a pullback (layers couple of orders from 7375 to 7300, purple lines on my chart can be used as reference). SL 7265 (pretty tight). Personally using x5 lev for this. Targeting 7600-7700 for the beginning, and possible higher up to 7800-7900 depending on momentum, will fix partially (will update of course). To note: this is countertrading h&s pattern so definitely some risk involved, but because SL is so tight, i am taking this trade. If we dump a bit more, i see a lot of support all the way down to 6900ish, so will long from there in that case.
https://www.tradingview.com/x/28CXoYkx/
#BTC
Ok, i don't usually post such risky plays for members, in the middle of the range, but since I legitimately slept over that green box I put couple of days ago (kudos for anyone who longed there, though i doubt if anyone did, which is ok). Sad nobody called it. I am taking more risky entry now. I am ok with this risk, entering this long on a pullback (layers couple of orders from 7375 to 7300, purple lines on my chart can be used as reference). SL 7265 (pretty tight). Personally using x5 lev for this. Targeting 7600-7700 for the beginning, and possible higher up to 7800-7900 depending on momentum, will fix partially (will update of course). To note: this is countertrading h&s pattern so definitely some risk involved, but because SL is so tight, i am taking this trade. If we dump a bit more, i see a lot of support all the way down to 6900ish, so will long from there in that case.
https://www.tradingview.com/x/28CXoYkx/
VIP Leaks Pool [Announcements]
#EdwardMorra #BTC Ok, i don't usually post such risky plays for members, in the middle of the range, but since I legitimately slept over that green box I put couple of days ago (kudos for anyone who longed there, though i doubt if anyone did, which is…
If you followed this you’re up 20% on just 5x
VIP Leaks Pool [Announcements]
#EdwardMorra #BTC Ok, i don't usually post such risky plays for members, in the middle of the range, but since I legitimately slept over that green box I put couple of days ago (kudos for anyone who longed there, though i doubt if anyone did, which is…
Premium has booked 75% of the profit. Let the rest ride with SL no weakness yet