The purpose of this threat is pure journal about trading equity millipede, to track my trades, preparations and results
Building an equity millipede 7,437 replies
Trading Equity Millipede Concept by Concept 53 replies
Equity Millipede - Trading Journal 30 replies
Equity millipede & Flying Buddha trading journal 9 replies
Application Development - Journal of Building an equity millipede 14 replies
DislikedHow long would you keep your positions if they go positive? 5 minute time frame seems way to short for opening positions you want to keep multiple months...Ignored
Dislikedthe logic behind the millipede is slightly different, in the terms that you never risk more than position or two, because every position should be moved to BE, before adding another one. In that case, you never risk more then one "trade", you never risk more that your "maximum amount"Ignored
Disliked{quote} Yes, that is understood. While on the surface it looks like you are risking a constant amount at all times, you are really paying for it with your position in the trade. Adding more full sized trades has the effect of increasing your correlated risk. This method maximizes the gains from large trends but increases your portfolio heat in their absence.Ignored
Disliked{quote} Hey, If by " increases your portfolio heat in their absence" you mean huge fluctuation in unrealized profit, than yes, but the difference is that I do not consider unrealized gains as profit or loss.Ignored
QuoteDislikedBTW how do you arrive to the conclusion about optimal starting risk when you do not know how far the market will go??
Disliked{quote} Not only this. You may also face more fluctuations in realized profits {quote} Simple. Think of the maximum amount you would risk on a trade and only pyramid to that amount.Ignored