Sorry about that....yep,add at 4018+7=4025.
We are now in 2 posns.
Saint
Extremely sorry for bringing this issue again....my nemisis, the Position Size.
Yes..you had explained it logically this Sunday and I seemed to get it...but i think im again confused.
See...we took 2 lots yesterday...at a risk of 120 per lot....now even if we buy 1 lot...we will be assuming more risk, as the stops are exactly where they were yesterday..on our original position. So basically we are risking 1.5% instead of 1% that we should be doing.
I am sure I am missing something important....wat is it, I dont know.
Kindly help in your spare time.
Sorry for bothering again,
Rakesh
ps: by lots i mean the basic unit...it may be 50 for some...200 for others. the idea is of risking a certain % of cap and buying/selling accordingly.