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Old 04-30-2008, 05:33 AM
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dpaterso dpaterso is offline
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Hello Nick!!! (I was wondering what happened to you)!!!

How are things???

My money management rules are based on 'the old mans' rules if you look carefully. I've assumed that he was trading at something like 50:1 leverage so I've just 'converted' mine to what I believe the equivalent rules are / should be for 200:1 leverage (somewhere back I posted a table with this info).

Do you make good returns and profits??? HELL YEH!!! AND without the 'stress' created by overtrading!!! As an example (to put it in 'real monetary terms'): the account that I have open in front of me RIGHT NOW (I'm busy reconciling it at the moment to produce a statement) has a balance (with all positions closed) of $4 403 and it started the month with a balance of $2 742. That's CLEAR profit of $1 661 on a starting balance of $2 742. I THINK that's what you're asking!!! Good enough??? And that was made by ONLY following these money management rules, forex pairs ONLY, and a combination of the SI System, VS, and RT System trades. REMEMBER LEVERAGE!!! 'Handled' correctly it CAN become your 'best friend' as opposed to your 'worst enemy'!!!

Edit:

Actually: just expand on my answer (above) to Randon using this account as an example. within a calendar month the maximum margin used per position / instrument has increased from $51 to $82 and the maximum amount of margin to be in use at any one time has increased from $411 to $660. See how fast it CAN grow???

Last edited by dpaterso; 04-30-2008 at 05:52 AM.
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