Annoying RiskManager

Posted by Deb | Day Trading Journey | Thursday 9 June 2011 8:39 am

I was determined today to make some profit, so as to get encouraged. I opened the trader, and then realized I had yesterday set it to be on the demo for today. I decided to stick to that, although I did fill the need to do real trade. Though having another failure today would have set me to more failures.

I opened my mail and found a message from the TransAct RiskManager that they had set my contract limit to 3. That blew me off. That will really limit me. I need a limit of 5. I guess I will try trading like this for a few more days and when I hopefull have a few good days I will ask them to get my contract limit bigger.

Anyway, I traded today on the demo with 3 contracts, and made a profit of $100. I may try trading “on real” later today.

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Ok, I did do some real trading. Of course, I was overly cautious, and the 3-contracts limit was annoying. I made $75 over 4 contracts.

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1 Comment »

  1. Pingback by Futures Trade Blog » The RiskManager Limit — June 14, 2011 @ 2:45 pm

    [...] Annoying RiskManager [...]

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