Position Size - forex trading times london

Position Size ~ forex trading times london

A position sizing rule determines the number of contracts or shares that are committed to each trade.

It is very easy to see the impact of position sizing at either extreme.

If we trade a position size that is too small—for example, one S&P con- tract per $1,000,000—our trading equity is not being used at optimal levels. Conversely, a position size that is too large—for example, 100 S&P per $100,000—for our capital can increase our risk of ruin to certainty.

Only the most naive and inexperienced of traders will be ensnared by either of these extremes. It is in the area between these two opposite ends of the spectrum, however, where a sizing rule will have the most impact on strategy performance, whether positive or negative.

The best and most efficient sizing principle will be the one that applies our trading capital in an optimal manner so as to achieve maximum returns with an affordable risk.

We will look at four position sizing examples:

1. Volatility adjusted

2. Martingale

3. Anti-Martingale

4. The Kelly method

A volatility adjusted sizing rule uses the size of the account and the size of the risk assumed per contract per trade.

Definition: Volatility adjustedposition sizing determines the number of contracts or shares per trade as a fixed percentage of trading equity divided by the trade risk.

For example, assume:

1. A risk size of 3 percent of equity

2. A risk per contract of $1,000

3. An account size of $250,000

The trade unit would be seven contracts and is calculated as follows:

Total Equity to Risk = $7,500($250,000 × .03)

Number of Contracts = 7($7,500/$1,000 = 7.5 rounded down = 7)

An example of a well-known money management rule is the Martingale strategy. It is derived from a gambling money-management method.

Definition:The Martingale sizing rule doubles the trade size after each loss and starts at one unit after each win.

There are a number of variations on this theme. One such variation is anti-Martingale.

Definition: The anti-Martingale sizing rule doubles the number of trading units after each win, and starts at one unit after each loss.

Optimal f (fixed fractional trading) was introduced by Ralph Vince in 1990. It is based on a formula derived from the Kelly method, which was, in turn, applied by Professor Edward Thorpe to gambling and trading.

Let us look at one implementation of the Kelly formula.

Kelly% = (Win% ? Loss%)/(Average Profit/Average Loss).

Position size

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Prince William noshes on nachos and wings during U S trip - forex trading time zone indicator

Prince William noshes on nachos and wings during U S trip ~ forex trading time zone indicator

Prince William noshes on nachos and wings during U.S. trip










Royal Nachos!

When you are of royal blood and a celebrity, even the food that you eat gets reported. Eh William! Tau sa pia you want?
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Peko Money Tracker Gold Strategy - forex trading new zealand

Peko Money Tracker Gold Strategy ~ forex trading new zealand

Gold strategy!

The highest points in Peko are achieved by hitting gold, and the jackpot chance it brings along. Therefore it is the aim of every player to hit gold as many times as possible. However this is a game of roulette and luck plays an important role in hitting the gold spot, but wait a minute! Do we really want to depend of luck for this money spinning game? Why not try this gold strategy i have listed below and is tried and tested by many peko players. 

Let the gold hole; on the roulette turn to about the 1 oclock position. Then release the ball with the least strength possible. Thats it! Try and see if this method works for you. Good Luck! :)

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The Little B Money Tracker - forex trading hours app

The Little B Money Tracker ~ forex trading hours app

Having a baby is probably one of the most amazing thing that can happen to parents but can also be financially draining at the same time. And yes! The announcement of the coming of our Little B can finally be made as it is now more than 3 months since conception! (It is considered bad luck to announce within the first trimester.)

Therefore i am taking this step to track how much it would actually cost to be a parent these days.

(This list does not include gifts and presents which we received, would be receiving or pass downs from colleagues, friends, relatives and family. I cant put a price tag on all such gifts as they are all a token of love. Therefore a heartfelt thanks to all of you.) 

Special thanks to;

Evon my sister for providing us the baby cot, play pan, baby mattress, milk bottles and other accessories.

Janet, Yan yan and Meixin for providing us tons and tons of pre-loved baby clothes.

Rykiel for providing us some maternity wear. 

Money spent on Little B since conception;

$16.00         Feb 2014  Pregnancy tests at polyclinic                

$85.00         Feb 2014  Baby scan at NUH                     

$6.00           Mar 2014  First piece of clothing for baby                        

$244.00       Mar 2014  Baby scan (10 weeks)                         

$31.00         Mar 2014  Milk powder                               

$25.00         Apr 2014  Bio Oil (stretch mark prevention)        

$9.00           Apr 2014  Bra strap extenders                              

$177.00       Apr 2014  Baby Scan / blood tests(15 weeks)    

$900.00       Apr 2014  Delivery package (12 gynae visits)

$29.00         Apr 2014  Towels / Napkins / Bed sheets

$15.90         May 2014 Book of recipe for maternity month

$57.00         May 2014 Maternity pants x3

$9.00           May 2014 Top and shorts for Little B x3 (sale item leh)

$8.70           May 2014 Lactus - Constipation relief

$163.70       May 2014 Detailed Ultrasound Scan for baby body measurements

$74.00         May 2014 Medication / Supplements (Baby Checkup @ 18 weeks)

$25.00         May 2014 Bio Oil x2

$6.00           May 2014 Changing Mat

$9.50           May 2014 Cot Sheets 

$7.90           June 2014 Fan for stroller

$21.00         June 2014 Maternity Dress

$4.00           June 2014 Clip-ons for stroller

$21.40         June 2014 Iron-ons for baby bibs

$595.00       July 2014 prenatal insurance 

$1200.00     July 2014 savings plan insurance 1st year

$50.00         July 2014 good as new baby stroller (heavily discounted, U.P $300) - thanks Aliza 

$59.40         July 2014 Medela milk bottles x6 (price after trade in)

$10.00         July 2014 Nursing Bra

$74.00         July 2014 Medicine & Supplements (Baby Checkup @ 27 weeks) 

$90.00         Aug 2014 Tonic and Herbs

$55.00         Aug 2014 Medicine & Supplements (Baby Checkup @ 31 weeks) 

$24.00         Aug 2014 Maternity dress and Top

$199.25       Aug 2014 Accu Check Test Kit for Glucose Level

$120.00       Aug 2014 Maternity Photo Shoot

$75.80         Aug 2014 Wet wipes, shampoo, detergents

$10.00         Aug 2014 Liverpool Romper

$10.00         Aug 2014 Milk bottle stand for milk bottles

$15.00         Aug 2014 Breastmilk storage bags 

$8.00           Aug 2014 Spill free cup

$39.90         Aug 2014 Baby Carrier

$16.90         Sep 2014  Ginger Shampoo from Bodyshop

$2.30           Sep 2014  Container for Mittens and Booties

$50.00         Sep 2014  Infection Test (Baby Checkup @ 36 weeks) 

$18.00         Sep 2014  Sauces and Herbs for Confinement meals 

$6.60           Sep 2014  Mittens and Booties 2 sets

$150.00       Sep 2014  Chinese Name from Visiber

$15.00         Sep 2014  CTG scan (Baby Checkup @ 37 weeks) 

$12.95         Sep 2014  Chicken Essence

$9.00           Sep 2014  Coconut (Every friday for 6 weeks) 

$5.90           Sep 2014  Pureen Baby Shampoo 

TOTAL COST : $4,867.10

($8011.66 including delivery and hospitalization charges)

And Finally!!!! In the early hours of 30 September 2014. Chloe was born!!!

After months and months of eager anticipation and preparation, we finally got down to this very day!!! What an amazing journey it has been!!! The road ahead is definitely going to be more challenging in monetary terms but definitely one that will be filled with much love, joy and happiness and of course...sleepless nights. 

I will try to keep this money tracker list going on for as long as possible. But for now lets start with some real world costs; 

Real World Costs 

$4.50               Oct 2014  fever patch

$4.00               Oct 2014  nose cleaner

$120.00           Oct 2014  First checkup with Gynae after giving birth

$20.00             Oct 2014  pillow set with 2 bolsters

$10.00             Oct 2014  swaddle

$15.00             Oct 2014  romper pack of 5

$7.00               Oct 2014  syringe for milk

$18.00             Oct 2014  polyclinic for jaundice checkup 

$42.00             Oct 2014  Birth certificate registration at Mount Alvernia

$5.65               Oct 2014  Petpet newborn diapers

$3144.56         Oct 2014  Baby delivery plus hospital costs ($2100 deduct from medisave)

In Robert Kiyosakis book, Rich Dad Poor Dad. Poor Dad says "The reason i am not rich is because i have your kids." Rich Dad says, "The reason i must be rich is because i have you kids." My goal is to be in line with Rich Dads philosophy, and in order to achieve that, i am working on my aggressive savings plan along with investments in the financial markets.  

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Position Trader - forex market hours monitor software

Position Trader ~ forex market hours monitor software

The position tradert is playing fundamental direction and is seeking very large moves of 150 to 300 pips. This trader doesn’t want to sit and watch the screen but play the longer moves and forces behind forex. This requires trading daily, and even weekly charts and setting with risk control to target a 3-to-1 ratio of pip profits over losses.

Position traders are usually sophisticated investors with two distinct characteristics: Their astute reading of the fi nancial markets makes them totally unconcerned with the short-term or even the medium-term move- ments of the currency market, and they own a large trading account. This

size is necessary because capital is needed to withstand large floating losses should trades go against the trader for an extended period of time.

Position trading offers these top three advantages:

Lower transaction costs. Brokers charge a spread for every position executed in the forex market. Thus, scalpers incur the highest costs by virtue of their trading frequency. Position traders are on the opposite end of the pole.

One disadvantage is psychological. Set-and-forget trades are slow and take a long time to complete. In contrast, an advantage is that all it takes is three out of seven wins to be profitable.

The trader wants to enter on the side of the predominant trend, put on the trade with proper limits and targets. Channel and patterns fit this style.

Position Trader

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Rui Ens 5 figure insured dress by Romona Keveza - forex trading hours in south africa

Rui Ens 5 figure insured dress by Romona Keveza ~ forex trading hours in south africa

As the saying goes, "the clothes maketh the man.", and this stunning piece really brings out the beauty in Rui En. However the 5 figure sum insured for this dress really amazes me. Does this dress come with the gold belt? Is the dress made of some kind of rare material, or perhaps is scented? I can only wonder.
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