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TFC Commodity Trading Forum

Re: 7-10 Rules
In Response To: Re: 7-10 Rules ()

That is not discussing it. That is pointing me to a link. explain the rules.

Also, to rebutt the comment about how I trade. Nice and all. However I am much more comfortable taking many small slices in order to minimize my risk of loss in order to protect my account. I don't want to get wiped out by a bunch of losses in a row. If I had 50K, I could easily Spear Point trade and run the entire trend at one time. In that case, I'd have the funds to weather drawdowns.

I don't have 50K, I have 10K. My rules only allow me to operate with 1/3 of my capital, so I am really reading with 3300.00 (although I do extend that for the energies and other markets if I see a near perfect set up)

I get the whole trend anyway, I just do it a slice at a time with many smaller trades, rather than one Hail marry pass. So, if YOU caught a whole trend and made money, chances are, I did too.