Update on Short Entries & Implementation of Risk Assimilation
All short limits should have filled to a short holding of 1.2 standard contract - averaging $37.325
Position dynamics explained on chart.
I will be implementing the Risk Assimilation matrix outlined on the chart (Black box).
This is a money management technique used to securing a position without the use of stop losses.
Currently place limit sells at
10k @ $38.20
10k @ $38.30
10k @ $38.40
Place limit TPs @ $37.00 for 30k of short holdings, ONLY If ABOVE LIMIT SHORT ENTRIES ARE FILLED.
I will strictly adhere to the following Risk Management requisite:-
Over all position Risk on a $10,000 account will be held between (-12%to -15%). reward from ($37.5 entry --> $32.5 target) around +50% on a 10,000 account.
Take Care & Stay Safe
Position dynamics explained on chart.
I will be implementing the Risk Assimilation matrix outlined on the chart (Black box).
This is a money management technique used to securing a position without the use of stop losses.
Currently place limit sells at
10k @ $38.20
10k @ $38.30
10k @ $38.40
Place limit TPs @ $37.00 for 30k of short holdings, ONLY If ABOVE LIMIT SHORT ENTRIES ARE FILLED.
I will strictly adhere to the following Risk Management requisite:-
Over all position Risk on a $10,000 account will be held between (-12%to -15%). reward from ($37.5 entry --> $32.5 target) around +50% on a 10,000 account.
Take Care & Stay Safe
ملاحظة
<38.20-38.40> fill. Position average = $37.52 for 1.5 standard contract.place TP on 30k @ $37.30
Take Care & Stay Safe
ملاحظة
Close 30k at market <$37.40> = $90*3 = $270 in profitPosition average $37.52 for 1.2 standard contract
Take care & Stay Safe
ملاحظة
Correction :- that was $10 x 3 = $30 in profit - Not $270Sorry for the miss calculation. Position average however has been raised to $37.52 and reduced to 1.2 standard lots
Take Care & Stay Safe
ملاحظة
Holding a 1.2 standard contract size shorts @ 37.52 averageAdd limit short orders as follows:-
10k short @39.10
10k short @ 39.20
10k short @ 39.30
If Above are filled place TP for 30k at $37.80
contract size becomes 1.5 standard contract shorts @ 37.856 average
In this manner we should be raising the short position average again to assimilate risk
Take care & Stay safe
تم فتح الصفقة
Holding 1 standard contract short averaging $37.826Add Short Limits as follows
10k@ 39.90
10k@ 39.80
10k@ 39.70
10k@ 39.60
If filled position average becomes $38.37 for 1.4 standard contract- Risk at $40 is -23% (-$2300). Risk @ 440.50 = -30% (-$2982)
Target same @ $32.50
Take care & stay safe.
تم فتح الصفقة
<$39.60-$39.80> filled, to a contract size = 1.3 averaging $38.25Remove 10k short entry @ $39.90
Risk assessment remains as outlined above. Target remains @ $32.50
Correction:-
"440.50" above should read "40.50" Sorry for the Typo
Take care & Stay Safe
تم فتح الصفقة
The position has reached risk @ $40.50 = -30% for 1.3 contract size on a $10,000 account. So I will work to assimilate1/3 the risk.Place Tp for short holdings $39.60-$39.70-$39.80 @ $39.20
Place Tp for 1 x 10k short acquired at $37.826 also at $39.20
$39.20 is y'day's low, and the lower 1HR BB.
If filled contract size gets reduced to 0.9 at 37.826 average.
Risk @ $40 becomes -$1962 = ~20% on 10,000 account
Targets for 0.9 contract remains the same @ $32.50
Take Care & Stay Safe.
تم فتح الصفقة
There is a Bear Motive on the 1HR chart now doing a wave-3Remove TPs @ $39.20
Holding 1.3 contract shorts averaging $37.826 targeting $32.50
Add Short limits @
10k @ $40.10
10k @ $39.90
All to same target $32.50
Take care & Stay Safe
تم فتح الصفقة
10k @ $39.90 filled to an overall average $37.97 for 1.4 contract size.take the 10k @ $40.10 limit short down to $39.25
TP for all remains @ $32.50
Take Care & Stay Safe.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.