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Using full account size on each trade


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Using full account size on each trade

  #1 (permalink)
 
toddma's Avatar
 toddma 
vancouver canada
 
Experience: Intermediate
Platform: multicharts, ninjatrader
Trading: forex
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Thanks Received: 6

Hi - this should be quite simple but does anyone know how you would use all of your current capital on each trade with MC.

Example:
$100 initial capital (and first trade size)
$10 profit on first trade
Reinvest $110 (second trade size)

Thanks!

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  #2 (permalink)
 
toddma's Avatar
 toddma 
vancouver canada
 
Experience: Intermediate
Platform: multicharts, ninjatrader
Trading: forex
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solved:

it was simple as expected:

var = initialcapital + netprofit;
sharecount = var/close;

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  #3 (permalink)
 Itchymoku 
Philadelphia
 
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I would suggest to have a set average for a number of trades over a period of time before increasing the size of the next trade. The reason for doing this is to ensure gradual growth instead of sporadic growth and decline. If you always bet the amount you gain on the next trade then you're guaranteed to eventually occur a loss that'll wipe out all of your gains, or a large amount, and then you'll have to start back from the beginning.

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
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  #4 (permalink)
 
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 paco 
Sacramento CA/USA
 
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what is the strategy to knock this question from top of list 2 days?
I try answer.

the question is defined incompletely. It needs probability of profit and defined stop.
My rule of thumb, all people who can't define a problem, will blow up in < 20 cycles.

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alejo's Avatar
 alejo 
madrid spain
 
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toddma View Post
Hi - this should be quite simple but does anyone know how you would use all of your current capital on each trade with MC.

Example:
$100 initial capital (and first trade size)
$10 profit on first trade
Reinvest $110 (second trade size)

Thanks!

whats MC mean?

and what happens if
$100 first size
-$100 loss on first trade

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #6 (permalink)
 ABCTG   is a Vendor
 
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alejo View Post
whats MC mean?

and what happens if
$100 first size
-$100 loss on first trade

alejo,

MC stands for the trading platform Multicharts.

Regards,

ABCTG

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  #7 (permalink)
 theLeprechaun 
Dublin
 
Experience: Advanced
Posts: 8 since May 2020
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Itchymoku View Post
I would suggest to have a set average for a number of trades over a period of time before increasing the size of the next trade. The reason for doing this is to ensure gradual growth instead of sporadic growth and decline. If you always bet the amount you gain on the next trade then you're guaranteed to eventually occur a loss that'll wipe out all of your gains, or a large amount, and then you'll have to start back from the beginning.

sounds good, but how can you do this? I'm new to coding...
I was also thinking to increase the size after a number of trades but I got no idea how it can be done in MC. any help would be highly appreciated
thx

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  #8 (permalink)
 tr8er 
Europe
Market Wizard
 
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theLeprechaun View Post
sounds good, but how can you do this? I'm new to coding...
I was also thinking to increase the size after a number of trades but I got no idea how it can be done in MC. any help would be highly appreciated
thx

The posting is 5 years old and the (great) trader you are asking died in 2018!!

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  #9 (permalink)
 theLeprechaun 
Dublin
 
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tr8er View Post
The posting is 5 years old and the (great) trader you are asking died in 2018!!

ok,
this is life, we come, we go......
thx anyway for the quick replay.

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