Day four of risking yesterday's profits
...cont'd from yesterday...
Day Four.
Risk 1D on each trade PLUS one third of yesterday’s profit. In this case that would be
= Risk 1D + (Yesterday’s Profit of 9D/3)
= 4D Risk
Then:
Trade One: lose 4D
Trade Two: lose 4D
Trade Three lose 4D
Trade Four: win 8D
Trade Five: win 8D
Trade Six: win 8D
Net profits for the six trades today is (8 + 8 + 8- 4 -4 -4)D = 12D
...cont'd tomorrow...
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Copyright 2008 Raymond T. Lee. All rights reserved.
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