Love your educational videos and live trading. Can you please elaborate on these risk management issues? What is the % you are willing to risk of your account per trade? I know it is common for that to be 1-2%. So, if your account is $50,000, you would risk no more than $500-$1000 per trade. What are your thoughts on this? What is the maximum drawdown % per day. Or maximum losing trades? How do you calculate that? For consistent profitable day traders, what is a reasonable % profit of your account to achieve daily.
how is the view/subscriber count for this channel so low? great content as always. can I ask what sizing the team is generally working with? with stops, marketable or otherwise, slippage is such a big concern particularly if you're sized in pretty heavily. is it just something you just have to factor into loss management or is there another way to manage that slippage?
We have to flex the stop loss to evade the stop hunters, which throws the P ratio off and makes it difficult to get a 2:1. Why the heck are stop hunters trying to take us out?
Thanks for the video although you didn’t cover situation when STP LMT orders do not trigger. Happens to me on IBKR occasionally.
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thank you so much team!! love the videos, love the content! you've helped me so much :)
Our pleasure! We are happy to be helpful! Keep up the good job and stay tuned, we post educational content everyday!
Awesome as always
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Love your educational videos and live trading. Can you please elaborate on these risk management issues?
What is the % you are willing to risk of your account per trade? I know it is common for that to be 1-2%. So, if your account is $50,000, you would risk no more than $500-$1000 per trade. What are your thoughts on this?
What is the maximum drawdown % per day. Or maximum losing trades? How do you calculate that?
For consistent profitable day traders, what is a reasonable % profit of your account to achieve daily.
Good luck on your trading path!
Please stay tuned, we post educational content everyday!
but which broker do you use you
people
Neal and Shawn use the PPro8 Trading Platform. Learn more: dttw.com
Please stay tuned, we post educational videos everyday!
great stuff
Glad you liked it! Please stay tuned, we post educational content everyday!
I love ur videos....
Glad you like it!
Please stay tuned, we post educational content everyday!
how is the view/subscriber count for this channel so low? great content as always.
can I ask what sizing the team is generally working with? with stops, marketable or otherwise, slippage is such a big concern particularly if you're sized in pretty heavily. is it just something you just have to factor into loss management or is there another way to manage that slippage?
Use limit orders, it helps a lot with slippage on entries
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We have to flex the stop loss to evade the stop hunters, which throws the P ratio off and makes it difficult to get a 2:1. Why the heck are stop hunters trying to take us out?
Please stay tuned, we post educational content everyday!
First :p
Please stay tuned to see more educational videos!