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TFC Commodity Trading Forum

Re: Risk: Our Achilles Heel- Wayne

Harold said his next move is to trade 2 contracts. I don't day trade, I scalp/position trade. I never make any real money until I quit trading single contracts and started trading 3 at a time. I sell one to cover cost and a small profit. That takes a lot of pressure off. I let the others run until a pull-back stops me out. Now I think in 3's. 10 contracts. Sell 1/3 (3 or 4)to cover cost. 100 contracts... you get the point. I like real tight stops like Spike always said.

Keep on Truckin,


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Re: Risk: Our Achilles Heel- Wayne