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In a message dated 2/4/00 12:52:47 PM Pacific Standard Time,
prosys@xxxxxxxxxxxxxxxx writes:
> 3% loss of $5,000 would end up to be a $50,000 loss for 10 contracts
In MB's example there's a $160,000 drawdown on 24 contracts if I read him
right.
Interesting number, that's a drawdown of $6666.66 per contract. Just playing
the devil's advocate here, what happens if you hit a string of losers with 24
contracts on deck? How fast can position size shrink?
Thanks,
Bill Wynne
http://smarttrades.com/
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