MoneyTec Traders Community Forum - View Single Post - Trade Like a Dealer: (And Avoid Death by a Thousand Stops)

rockinride · 09-02-2005, 15:31

Doesn't the inevitable losing streak eat up all the profits? If not your entire account? I guess I can see how financial institutions can trade posistions like this, but the retail trader simply would not have the bankroll to sustain himself against what can be massive losses at those stop levels. 2 or three consectutive losses your out if you are the normal trader.
I am starting to think some of you are exclusively demo traders.

P.S. I am assuming you all have 100 thousand dollars in your account.
1000 Pips at ten bucks a pip is still 10 grand anyway you look at it.
500 Pip Stop losses, Come on, I don't think we are in Kansas anymore.

09-02-2005, 15:31	#17
rockinride level 1 Join Date: Aug 2004 Posts: 69 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Trade Like a Dealer: (And Avoid Death by a Thousand Stops) Doesn't the inevitable losing streak eat up all the profits? If not your entire account? I guess I can see how financial institutions can trade posistions like this, but the retail trader simply would not have the bankroll to sustain himself against what can be massive losses at those stop levels. 2 or three consectutive losses your out if you are the normal trader. I am starting to think some of you are exclusively demo traders. P.S. I am assuming you all have 100 thousand dollars in your account. 1000 Pips at ten bucks a pip is still 10 grand anyway you look at it. 500 Pip Stop losses, Come on, I don't think we are in Kansas anymore.