Posted by philosoraptor on 24th of May 2011 at 11:56 am
Susan, remember that although Matt's charts are based on $100k
per trade (purely for illustrative purposes), he personally is
committing $250k per trade using the multi-entry system.
As such, a 40% scale-in is $100k, pretty close to your initial 2
x e-mini contracts. At a level of 1,000 on the S&P500, you and
he would be in effect trading the exact same amounts. Who knows, we
could be there or lower by year end...
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Susan, remember that although Matt's
leverage
Posted by philosoraptor on 24th of May 2011 at 11:56 am
Susan, remember that although Matt's charts are based on $100k per trade (purely for illustrative purposes), he personally is committing $250k per trade using the multi-entry system.
As such, a 40% scale-in is $100k, pretty close to your initial 2 x e-mini contracts. At a level of 1,000 on the S&P500, you and he would be in effect trading the exact same amounts. Who knows, we could be there or lower by year end...