Trader Comments: MomentumDoubler.com 2017-02-09T12:26:57+00:00

Note: testimonials may not be representative of the experience of other clients;
testimonials are noguarantee of future performance nor success;
no compensation is ever paid for any testimonial.

March 26 7:18AM

“Position lets me profit on all moves with equal risk based on stop loss amount. My question: How do you decide to exit your trade to maximize the profit ? Do you scale out ?” – Law S.

March 26 6:54AM

“Have been doing this but not systematically. Teach me please” – Alan A.

March 26 6:05AM

“The stoploss that you use for day trading is that the same for a swing trade or is here a different strategy needed ? Thanks.” – Mielke S.

March 26 3:31AM

“Whenever I’m in a losing trade, my reflexive feeling is to double up and average down, but it seems to backfire over and over.. so instead, I’d like to learn how traders make money by doubling up on winning trades.” – Vladimir G.

March 26 2:57AM

“Yes, I want to learn the differences between position sizing for day trading and for swing trading, I’m sure there must be slight differences to look for, and just what are those differences?” – Janice Lynn J.

March 26 12:26AM

” I already have a positon sizing method, so it will be interesting to see another approach.” – Paul C.

March 26 12:03AM

” I am a fairly new options trading. I need to learn all I can about position sizing, risk/reward ratio, and trade management.” – Jim W.

March 26 12:01AM

“I really want to learn how to add position in winning trades & how to exit at loosing trades at minimum loss. I guess Momentum Doubler is the key for that.” – Mohit S.

March 25 11:22PM

“I am curious about scaling in and scaling out technique” – Francois C.

March 25 10:52PM

“Ken – please share rules about how you add to positions based on the price of the stock …. also what 3 things do you look for as a cautionary sign to decide against adding to a position even when the stock seems to be breaking out ?” – Anjali S.

March 25 9:55PM

“Learning out to scale in and out of trades would be most helpful.” – A.F.

March 25 9:50PM

“Using position sizing to take advantage of moves in my direction makes sense to me, but I don’t know how to do it. If I add on when prices rise, for example, aren’t I “averaging up”? Do I move stops to break even? Are there other applications for using position sizing?” – Mary K.

March 25 9:25PM

“Scaling in and out of both winning and losing trades is something I want to refine.” – Steven M.

March 25 8:48PM

“breakouts plus sizing.whats better than that.” – Gary W.

March 25 8:35PM

“Hi Ken, I need info Re:Position sizing as most of my losses relate to mismanagement of trade funds .” – David C.

March 25 8:21PM

“Your position sizing are new to me, however, I like what I’m learning and I’m sure that I will have use for that in the future. Thank you very much.” – Mariusz K.

March 25 8:09PM

“I’ve been with Ken a number of years and never regretted it. I couldn’t trade without his suggestions.” – Joy S.

March 25 7:53PM

“Good position sizing will enable me to let my winners ride the momentum, and cut my losers short. I want to know whether your method applies to forex too.” – TJ

March 25 7:36PM

“Will you also short with this technique” – Dan H.

March 25 7:04PM

“…scaling in and out of stock positions is a great way to manage risk.But its hard to keep up with all the charts if you dont want to trade only from your P&L…” – Chris S.

March 25 6:42PM

“Position sizing has a good press. Many analysts praise its importance, but few shed clear light on it. Looking forward to seeing some light.” – Gary B.

March 25 6:20PM

“For swing trading, should I add to a position on a dip?” – Eric B.

March 25 6:15PM

“I often trade forex with the minimum size (1 mini lot), thus I cannot scale out and do not dare to add, which means I stay in the trade or get out and usually do the wrong thing. Do you have any suggestions how to better decide whether to stay in or get out?” – Karin D.

March 25 6:14PM

“Hi Ken. I am a novice trader. I like the idea of putting the odds in my favior. I didn’t understand all that you explained, because of my trading abilities.I will continue to learn until it becomes understandable. Thanks.” – Tyrone P.

March 25 6:12PM

“Is your stop moved up to break even on first pos as you add more positions and do you put a tighter stop on the newly added” – Greg M.

March 25 6:10PM

“Ken you are among the best I have seen. Thanks for all the trading tips. Position sizing is one of the most important elements of successful trading, I am looking forward to your take on the subject.” – Stu M.

March 25 5:48PM

“Always enjoy Kens hi energy teaching.backed this up by owning all his earlier DVD’s” – Alan H.

March 25 5:48PM

” I’m interested in hearing how you might be able to use position sizing to ride out the choppiness of brief price pullbacks.” – Steve B.

March 25 5:32PM

“I like the concept of keeping position size small on losers and adding to winners up to a maximum position size. I would like to refine this concept in my trading plan.” – Patsy G.

March 25 5:32PM

“Position sizing helps me get into issues without a lot capital.” – Don C.

March 25 5:14PM

“Hope to learn how to take less big losses by scaling. Sometimes I stay in thinking it will go my way and it doesn’t. This way I have a chance to win but, will take less loss if it doesn’t.” – Mike L.

March 25 5:01PM

“scaling in/out is fine if you catch the ‘break-out’…but not in a sideways motion…correct…?” – Dennis D.

March 25 4:58PM

“I think position sizing is one of my major problem. I need to be more confident instead of being afraid that I’m going to lose a lot of money” – Rudy

March 25 4:54PM

“I’ve always wondered how to do position sizing and think this webinar will help me learn hoe to do that.” – Donald G.

March 25 4:33PM

“Hi Ken, I agree the position sizing is an important technique to keep the capital which keeps the trader ticking. Looking forward for your seminar, always a pleasure to hear your presentation. Good work Cheers” – Kuma

March 25 4:30PM

“the ability to mitigate risk and reset the cost bases” – Tom B.

March 25 3:11PM

” I don’t know anything about this, but am eager to learn. It sounds important.” – Carl B.

March 25 2:39PM

“All serious traders should know about position sizing very important in trade management.” – Perry S.

March 25 1:53PM

“I use position sizing to minimize portfolio risk” – Orlando F.

March 25 1:48PM

“I believe you size your positions to limit your amount of risk per trade. Am I wrong and/or should I view position sizing differently?” – Mike G.

March 25 1:34PM

“without position sizing we can always lose. We can be winning and suddenly loose all your account and become with no money to invest and lots of fear to do it.” – Carmen P.

March 25 1:33PM

“Ken, Thanks. Before learning position sizing I was taking substantial losses by jumping all in or all out, never testing the waters first. Your strategy of scaling in and out of positions has been a major turning point in my short, part-time trading career. I’m the first to admit that I have a lot yet to learn. Especially how to tell when a stock in not going to recover and trading discipline. It’s all too easy too get caught up in the excitement of a fast paced trading session.” – Scott T.

March 25 1:22PM

“It’s important to know how to use correct position sizing to add to high probability moves, but avoid larger positions on moves that aren’t as promising.” – Tim H.

March 25 1:20PM

“I’d like to learn what indicators to look for, when I wish to add to a position in my portfolio” – Marlene E.

March 25 12:55PM

“I need to advance my knowledge about position sizing.” – Yim L.

March 25 12:54PM

“I am a beginner in trading. I have heard about position sizing but don’t know exactly what it is.” – Gopalan N.

March 25 12:45PM

“Money management is where it is at. Good reminder with the recent drop. Interested to hear what you have to add to this topic.” – Jo

March 25 12:43PM

” Which Trin value would be the best to use, Trin or Trinq, both have different value when using .7 thru 1.5?” – Tom G.

Reply from Ken: Hi Tom, good question. For swing trades it’s not as important; for intraday it’s best to scale up when both TRINs are close to each other in value (eg longs when both TRINs are < .7). If they’re divergent, eg TRIN at 1.02 and TRINQ at .68, that means buy/sell ratios are different across markets and it’s smarter to trade lighter size since no strong cross-market rally or selloff.

March 25 12:25PM

” I am very interested in position sizing and would like to learn how scaling up can improve profits.” – Jae L.

March 25 12:24PM

” I would like to learn more regarding Position Sizing. Thank you” – Rob B.

March 25 12:02PM

“Ken is a great teacher. I always leave his webinars with new knowledge to use the next day in the markets. Thanks for all you do.” – Bill H.

March 25 11:45AM

“Position sizing is a very confusing topic, which I hope this webinar will enlighten me on” – Gary G.

March 25 11:42AM

“Position sizing has always been somewhat of a mystery to me, especially as it relates to how you adjust the position sizes when scaling into a trade…” – Doug M.

March 25 11:37AM

“I have been interested in this for some time, want to go into a trade with two “units” to get one out at 50%, move my stop to break even and ride the second while managing stops.” – C.S.

March 25 11:32AM

“That’s what I’m interested in ( Day & Swing Traders). Thanks” – Hala

March 25 11:29AM

“Position sizing and scaling are key to successful trading. Can’t wait to know how to do it right.” – RJ.

March 25 11:25AM

“Position (sizing) trading a way to take a profit And stay in” – Chris B.

March 25 11:16AM

“Ken, your stock selection methods save a lot of time for prep for the next days market.” – Louis G.

March 25 11:09AM

“I want to minimize my stop losses in my P&L mananagement so position sizing is key to being successful.” – Bud S.

March 24 2:07AM

” I would enjoy learning when to add to my position especially in a trending market…” – Kathleen M.

March 23 11:40PM

“You enter the trade with small lot and start adding to your trade if stocks moves up. Timing the entry and exit is the key” – Jake B.

March 23 12:03PM

“Your seminars are always excellent, and full of useful information. I look forward to this webinar.” – Barry S.

March 23 10:06AM

” I already learned the had way not to add to a loosing position. I would like to learn the best way to add to a profitable one.” – Isabel

March 23 9:24AM

“Your knowledge on entries and exits is phenomenal,and I’ve learned that as you said scaling in and out is the most important aspect to the trade.” – Phillip B.

March 23 9:09AM

“Proper position sizing can be used to preserve capital.” – Dorothy

March 23 8:09AM

“How much should you risk per share in a trade? Does the price of the share determine how much to risk?” – Jeff B.

March 23 7:37AM

“As a swing trader, “cup” trading has enabled me to make better decisions regarding my trades. Now to get the info to better manage the money involved.” – Bryan P.

March 23 7:18AM

” i am a spot currency trader (retail) working from home, because of the volatility that happens in that market i keep my positions conservative.But i would like to increase the size of my positions if i had a good strategy?” – Bill

March 23 7:03AM

“In my opinion money management (especially limiting losses) is the most important part of investing. I look forward to hearing your methods in this area. Thanks!” – Joel G.

March 23 1:51AM

“great system, great attitude, and great master. thanks.” – Sean S.

March 23 1:15AM

“I have my own sizing and positioning system – always interested in learning more.” – Dennis

March 23 12:30AM

“Position sizing can be way to “dip your toe” in the water, & if it moving the way you want, put the rest of your foot in.” – Rick

March 22 11:23PM

“I do make some trades when i think momentum is on my side
would like to join your webinar and learn more.” – Stan S.

March 22 8:56PM

” Position sizing controls risk, with stops.” – Frank F.

March 22 8:53PM

” I will add to a winning trade but never add to create a double position. Seems risky?” – Jerome B.

March 22 8:37PM

“I would like to know as early in a trade when to increase the size.” – Terry B.

March 22 8:10PM

“I am very Interested in learning to trade your system” – Herbert P.

March 22 7:31PM

“Does adding to a winning position increase the risk of the whole trade?” – Dave W.

Reply from Ken: Hi Dave, good question; risk for added-to positions would mainly be increased in special situations like holding an overnight large position into earnings release overnight, that’s generally not a good idea. By adding incrementally to successful positions, the goal is to have enough of a safety buffer of positive unrealized P&L profit in the trade to absorb pullbacks on subsequent trades.

March 22 7:05PM

“Ken, other than your NY presentation, I haven’t come across anyone who talks about scaling-in to profitable trades. Good ideas always seem “obvious” in hindsight, and are sometimes buried in opaque texts. I use ATR to establish statistical profit targets for my futures trades; this also limits my per-contract profit potential. Do you think your Buy-Stop strategy will work for breakouts of crude or gold futures ? I think crude, gold, or even forex would work better than the equity futures (ES, NQ) because the former tend to have larger runs when they do eventually breakout.” – Alex M.

March 22 6:59PM

“How can you know when to get out of a losing trade the earliest” – Terry B.

March 22 6:53PM

“Good basis for building a growing business.” – Neal B.

March 22 6:41PM

“Proper positioning when entering a bad trade keeps your losses small.” – Edward B.

March 22 5:56PM

“Love some ideas on how to scale out of potential losing trades” – Peter E.

March 22 5:49PM

“Sizing trades is what keeps you in the game.” – Jeff S.

March 22 5:18PM

“MM offers a structure to the trades I take on both an individual and portfolio basis” – Darren S.

March 22 5:11PM

“There are meny methods for money / Risk management. Please adresss your recomendation for entry quantity as total basket percentage/as volatility factor. if volatility is the factor then what is best parameter to use: ATR or maybe imitate VIX somehow(looking @ the options of a security)” – Zvika G.

March 22 4:55PM

“Position sizing gives the trader the opportunity to reduce risk and increase profits and better manage the trade.” – Harry S.

March 22 4:42PM

“Often it is difficult to determine how strong the trend is in the beginning and then it tough to put a full-size order. It would be interesting to hear your opinion on how much and when it is time to go into the trade.” – Owe F.

March 22 4:41PM

“Ken that is the key of doing something, adding to winners position, and I don’t know how to do it, and I know that I can trust you, because you are very honest person, thanks for sharing with us, what it works for you!” – Tere S.

March 22 4:34PM

“Is it more profitable to scale in/out of a position or to go all in/out?” – Robbie C.

March 22 4:31PM

“I expect position sizing will keep me responsible and avoid over leveraging” – Denis P.

March 22 4:25PM

“I’m getting the impression that portfolio managers are either unwilling or unable due to time constraints to micro manage clients portfolios and tend to work with broad brush strokes….a comment on the above and how position sizing could improve the situation would be appreciated” – Stephen C.

Reply from Ken: Hi Stephen, right re as active traders we don’t want to sit through large drawdowns (in fact my approach is to set all stop-loss values at no more than $30-$50 per trade max as a goal), by using small size to get started, then adding once it’s “proven itself” by being in the money. Then, once in the money, we can start to add to a position. As individual traders we absolutely need to manage our positions tightly, to avoid large drawdowns (which is another way of saying unrealized losses), which we avoid at all costs.

The key is working in small at first, taking small stops on minor drawndowns, and leveraging up on in-the-money trades, which is where the best potential trading wins are at. I use 1.5 points (or two day lows) for swing trades, and 0.5 pts max intraday as my targets for max stop losses. “Trade cheap when you’re wrong, trade rich when you’re right” is my motto.

March 22 4:24PM

“To be shown how to scale into a trade for maximum profit and minimum stress. thank you.?” – Rex M.

March 22 4:16PM

“position sizing – as in scaling in and out – at different levels… sounds like what (financial tv personality) recommends?” – Alan G.

March 22 4:14PM

“How do you recommend that we manage the big down days that seem to occur almost every month ?” – Gerry M.

Reply from Ken: Smart question, Gerry. A quick answer is to take a look at a longer term chart (15-day, or 55-day) and see how far the broad market moves in current timeframes during single runs, before pullbacks, and manage trades accordingly. So if the market has moved for example in 7-10 day trends, part of the answer is to manage your trades within these “time-based” trends, and scale up at least a few days before the market’s due to pivot, and/or price levels get taken out.

March 22 4:14PM

” I am interested in getting my timing better on trades,lately i’ve been too early and got stopped out or too late for a larger risk.” – Jerry R.

March 22 4:08PM

“Would like to learn how to leg in a trade in a trending move and how to manage it.” – Wen O.

March 22 4:02PM

“Adhering to position sizing lets traders sleep at night.” – Elaine K.

March 22 3:46PM

“Ken, your webinars are the most professional and informative of Any that I have seen. It is a Privlige to attend.” – Mike S.

Reply from Ken: Hey Mike -thank you. I’ve got to work hard to “do it right”, since there’s so much bs out there in the trading industry (like ripoff $2,000+ software) that’s unethically overcharging traders. So I work hard to differentiate myself from those people, and deliver professional training instead… I’m glad to get the kind words, it means a lot.

March 22 3:32PM

“Momentum, (it’s) difficult to know when it is shifting, starting or ending…after the fact is too late.” – Neil K.

March 22 3:16PM

“Do you approach position sizing differently for swing trades (55 day charts) and 2 day Hi/Lo breakouts?” – Bret H.

Reply from Ken: Hi Bret, yes… there’s a big difference in what kind of technicals and confirmation signals to use in 2-day high breakouts (which are mostly for day trading), and the 55-day chart continuation swing trade breakouts. Remind me in the webinar and we can go over a few charts to explain the specific differences, and how to trade them… thanks.

March 22 3:14PM

“What is the best way to decide on when to increase/decrease your position size?” – Dick P.

March 22 3:12PM

“Position sizing techniques help to maximize gains and lower losses.” – Sam A.

March 22 2:58PM

I’m interested in knowing the best time to add to a winning position and where to place the new stop.” – Shaun T.

March 22 2:58PM

” It reduces the risk of getting the portfolio out of balance.” – Austin B.

March 22 2:57PM

“Like position sizing because it can be used in both Day Trading and Swing trading.” – Bernard S.

March 22 2:48PM

“How do you maximise a winning position and make huge trades?” – Mark M.

Reply from Ken: Hi Mark, great question — the real trick is not just adding to winners, but doing it in a way that keeps your stop loss above breakeven while staying in the trade through pullbacks (while a trade is still “in the money”). It’s this “surviving pullbacks”, on both swing and day trades, that takes the real skill. That’s one of the key objectives in the Momentum Doubler webinars, is showing what specific patterns to look for, and how to set and manage entries and exits correctly throughout the trade. Thanks.

March 22 2:47PM

“I like trading in lots of 1000 and concentrate on going in or out quickly. If I add to positions , it is in lots of 1000. If I exit a position as my technicals tell me to, I then wait and look for a re-entry point.” – Ernie R.

March 22 2:39PM

“I am a currency trader. Not Forex but Euro futures on Globex. I have to very successful mentors and have 3 different individuals talking to me about funding my account. I am humble and believe in continual education. Price Action and momentum are a big part of my trading…Your package looks interesting…” – Bart B.

March 22 2:38PM

“Not putting all the egg in one basket. I have had bad experiences and lost lots of money. When I start using small positions I started to enjoy trading more. Lesson learned: keep is small and simple.” – Ernest C.

March 22 2:31PM

“I’m an intraday DAX future trader … and I never scaled in or out a trade. I’m very much interested to see how you use this technique.” – Filippo P.

March 22 2:28PM

“Ken, thanks for doing the webinar, it will be great.” – Anthony P.

March 22 2:27PM

” I am very interested in (adding to winners) techniques as I know this is how (other traders) made money” – Mark B.

March 22 2:19PM

“…I realize Mr. Calhoun is a top-notch trader that I’m looking forward to hearing, and over time, taking courses from.” – Dennis B.

March 22 2:18PM

“When is the best moment to add to a position” – Eric R.

March 22 1:58PM

” Is position sizing recommended for Day trading,or it is better only for swing trading?” – Salvador D.

March 22 1:55PM

“What I like best about the idea of position sizing is it will help me understand how to use it for profit and stop loss.” – Joshua S.

March 22 1:37PM

“Position sizing allows you to stay in the game until experience takes over. Position sizing allows you to turn a hobby into a career.” – Dave D.

March 22 1:36PM

“By scaling into trades on small share size you don’t run the risk of losing a lot if the trade goes against you. On the other hand, you can add to winning trades more confidently if you are in the money.” – Larry D.

Reply from Ken: Exactly… good point, Larry. Confidence to enter more trades, more often (though on small size) is one of the single biggest advantages to using position sizing. Then leveraging in to the winners only, while scaling out of ones going against you gives a big edge. For example I entered over 8 new positions in my Fidelity swing trading SEP-IRA account for high-probability swing trading position size setups, and all were under just $500 or so per trade, to get started. More to come — thanks.

March 22 1:35PM

“Position sizing allows us to eke out even higher profitability even if we don’t hit the best entry point.” – Daniel C.

March 22 1:23PM

“I’d like to know more about (position sizing) indicators..” – Ardeshir Z.

March 22 1:12PM

“Scaling into trades is a good idea. And, yes easing out of a trade to control your winnings is the right thing to do.” – Rupert B.

March 22 1:07PM

“Position sizing and risk management are essential disciplines/strategies necessary for a positive net profit in your overall account.” – Wendy M.

Reply from Ken: Hi Wendy, right… many traders try hit-or-miss trades with large size from the beginning, and I’m convinced that it is too risky to trade like that. It’s best to start small and then scale up into winners (whether you’re trading forex, stocks, ETFs or eminis). We’ll be going over how that all works in the webinar (plus “how to trade the week ahead” plays exclusively for webinar attendees). Thanks for being the first to comment!

Thanks to all the traders who thoughtfully posted comments!