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In today’s MTPredictor video I take a look at how the use of correct Position Sizing would have helping when trading the US e-minis yesterday, Nov 22:
As you can see from the video, the two loses (one on the ES and one on the NQ) was more than made up buy the +6R Profit on the YM. So overall it was a good day for MTPredictor, especially on the YM where the TS4 buy setup nailed the very Bar of the low of the day !
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Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance track record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under or over compensated for the impact of certain market factors, such as the lack of liquidity. Simulated training programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profitable trades similar to those shown.
All trades shown are hypothetical, they were not executed. There are just shown for illustration and training purposes only.
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