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Old 2009-08-27, 09:09 PM   #215 (permalink)
jerrycollie
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Smile Clones

Hi Pipdetector,
Yes, you are correct.
However, I have compensated by spreading my risk level over the 6 clones. Usually they do not all trade on the same day; so I am able to run a little hotter than with just one Megadroid. As I have mentioned above, I intend to manually close any MD trades which do not close on time, like if the trade runs past 01:00 GMT; so this also compensates. If worse comes to worse and I blow up, I will just have to write my broker another check. It happened once before, when I first started trading about 3 years ago. I blew away $3,000 trading manually and got margined out. I was in shock; but like Rick says, it is only money. When my palms start to sweat, then I know I am running too hot!
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