Traders' Roundtable

Is there any material difference between pyramiding (ie adding to an existing position that has gone in your favour) and opening a new position in another market as your first position has gone in your favour?

For example :

Pyramiding - risk 1% of account on Bund - stop at 100.00, entry at 101.00 ...

"I would be more concerned about my system's ability to stay reasonably solvent after multiple, significant gaps through my stops (say, multiple simultaneous 5R losses.) Curtis Faith discussed one horror story with a Eurodollar position in his Way of the Turtle book."

I was thinking about this the ...

I thought perhaps the OP might have a definitive answer. Obviously there are other ways to estimate it.

So on that basis, it looks like it is just the front month.

Great, thanks.

Thanks for that, very useful. Just one question (possibly a silly one)- is the futures daily volume given just for the front month contract or for all the quoted months?