Risking yesterday's profits

...cont'd from yesterday...

Day Two.

Risk 1D on each trade PLUS one third of yesterday’s profit. In this case that would be
= Risk 1D + (Yesterday’s Profit of 3D/3)
= 2D

Then:

Trade One: lose 2D
Trade Two: lose 2D
Trade Three lose 2D
Trade Four: win 4D
Trade Five: win 4D
Trade Six: win 4D

Net profits for the six trades today is (4 +4 + 4 - 2 -2 -2)D = 6D

...cont'd tomorrow...

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Copyright 2008 Raymond T. Lee. All rights reserved.
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