Comments on: How to Scale Your Trading From $500 To $5,000,000 https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/ Discover Your Grail Trading Strategy Sat, 09 Mar 2024 05:09:39 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Hugh Kimura https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-25344 Mon, 07 Nov 2016 15:57:28 +0000 http://www.tradingheroes.com/?p=7301#comment-25344 In reply to Andrew.

Hi Andrew,

It’s not possible on the current version. Would be great though, huh?

]]> By: Andrew https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-25337 Sun, 06 Nov 2016 21:13:55 +0000 http://www.tradingheroes.com/?p=7301#comment-25337 Hi Hugh
Do you know if I can change to pips only on the MT4 IPhone app?

]]> By: Hugh Kimura https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-24555 Thu, 15 Sep 2016 01:27:36 +0000 http://www.tradingheroes.com/?p=7301#comment-24555 In reply to MICHAEL S BRYANT.

Cool, thanks!

]]> By: MICHAEL S BRYANT https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-24540 Tue, 13 Sep 2016 17:34:53 +0000 http://www.tradingheroes.com/?p=7301#comment-24540 Nice article and nice advice. I watch pips on my MT4 platform.

]]> By: Hugh Kimura https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-14531 Fri, 15 Aug 2014 09:01:25 +0000 http://www.tradingheroes.com/?p=7301#comment-14531 In reply to Kim Krompass.

Thanks for the input Kim!

]]> By: Kim Krompass https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-14529 Thu, 14 Aug 2014 15:01:55 +0000 http://www.tradingheroes.com/?p=7301#comment-14529 Hi Hugh,

I watch pips too…it helps me smooth out the powerful emotional money triggers we all have that are triggered at both the thought of making money and the thought of losing money. It doesn’t matter which one happens…we all experience the exhilaration of winning and the pain of losing money.

Given the current forex market conditions of the last several months, in our group of price action traders, we are going for bites…20-25 pips in profit while only risking 8-12 pips max on any pair. We don’t look at the dollars or euros…we look at our pips…win or lose.

Thanks,

]]> By: Hugh Kimura https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-12650 Wed, 18 Sep 2013 03:57:25 +0000 http://www.tradingheroes.com/?p=7301#comment-12650 In reply to Canadian Trader.

Hi Shawn,

Glad you liked it, good luck!

Hugh

]]> By: Canadian Trader https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-12649 Wed, 18 Sep 2013 02:05:51 +0000 http://www.tradingheroes.com/?p=7301#comment-12649 Hi Hugh,

I came across trading heroes on youtube and followed the link on your fifty pips interview (the Second One) I appreciate the time you take to provide us with good information. I have traded equities and futures for a while but I am now looking for some FX exposure.

I’ll be reading and listening to a lot of your info. I also like how blog isn’t littered with ads.

Shawn

]]> By: Hugh Kimura https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-12635 Mon, 09 Sep 2013 08:13:59 +0000 http://www.tradingheroes.com/?p=7301#comment-12635 In reply to Daniel.

Hi Daniel,

Glad to hear that you are focusing on percentages and that is working for you. Thanks for sharing!

Hugh

]]> By: Daniel https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-12631 Sun, 08 Sep 2013 11:43:04 +0000 http://www.tradingheroes.com/?p=7301#comment-12631 I had the same issue. I remember doing really well for about six months last year (I’m an options trader) and I was getting pretty confident. I increased my position sizing anticipating the momentum continuing, but instead, my profits started dwindling. Over the next two months, I lost most of what I had made over the six months so I shut down my trading and took a closer look to see what happened (it wasn’t clear to me yet). Wouldn’t ya know it, it was exactly at the point where I increased my sizing that my accuracy went down. My mind was just not ready for the bigger sizing values. They made me nervous and that is not good for a trader.

I don’t think I can concentrate just on points or dollars because of the more complicated pricing of options, but I AM working on focusing strongly on the PERCENTAGE of account value size rather than the dollar amount of the position.

]]> By: Hugh Kimura https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-12628 Thu, 05 Sep 2013 03:01:33 +0000 http://www.tradingheroes.com/?p=7301#comment-12628 In reply to Stefanus.

Cool, let me know how it goes.

]]> By: Stefanus https://www.tradingheroes.com/how-to-scale-your-trading-from-500-to-5000000/#comment-12622 Tue, 03 Sep 2013 08:50:42 +0000 http://www.tradingheroes.com/?p=7301#comment-12622 I never thought switching P & L value to pips can make a better emotion. I will try this 🙂

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