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simplegreen

05/26/11 7:59 PM

#78902 RE: Qui-Gon Kagi #78900

Its all about trend as you well know..the book speaks of how rotten retail traders are at trading the trend which BTW is where the real money is at...large positions are unnecessary if on the right side of a trend...small positions in the direction of the trend grow hour by hour or day by day but the risk is low.Most retail traders can do well on tiny positions but make no money worth mentioning..but with a trade solidly with the trend I say once again that risk is low and reward is higher than one would think.Notice that you may often do really well and increase the trade size..all of a sudden the wheels run off and you cannot get in a winning trade.Strange I know..but I also know it happens like some weird diabolical plot against the trader.
Bottom line is its not the trade size thats important..as I try to tell my wife its making positive gains(pips) consistantly thats important.If you have high percentile gains even at a dime a pip..just slowly raise the bar til you not only make good pips but make good money.