Red Panda new setup

 3..21.2022

idea: cut profit in half. and more contacts (10)

Sample 

contract size 5

stop loss 10    

profit 32

option A: lose the 1,562. 

option B: win the 5,000

option C: win the $625

My scenario:

contact size 10

profit 16 ticks

stop loss 5 ticks 

How much is a tick? 

how much a contract is? 5 contract is 150 a tick. 

31.25 cents per tick

$31.25 is cost of a tick* 10 contracts*16 ticks=5,000

31.25 ct *10 contracts*5=1562.5

Alaka: trade real money, once direction is right. lock in profits faster. dont lock in at 10 ticks,lock in at 5 ticks. 

con- its too easy to kicked out. same problem with the nadaq (in the current setup)