Guys i'll tell you the rules i use in my MM and RM they might help you a little
i never exceed 2.5% of my account in opened positions
for 3 weeks i started to divide the 2.5% into 3 positions
40% + 40% + 20% = 2.5%
i use the 20% in the positions that looks more risky or in the pairs which am not familiar with.
i use the 40s in the low risk positions and JPY cause i have be following it for a long time now
i try to take position that meets at least 1:1 risk reward ration
my situation today is as follow
20% EUR GBP -66
40% EUR JPY in the green
40% USD JPY in the green
i am covered my day is done thanks for the MM
i really wish you all the best
i never exceed 2.5% of my account in opened positions
for 3 weeks i started to divide the 2.5% into 3 positions
40% + 40% + 20% = 2.5%
i use the 20% in the positions that looks more risky or in the pairs which am not familiar with.
i use the 40s in the low risk positions and JPY cause i have be following it for a long time now
i try to take position that meets at least 1:1 risk reward ration
my situation today is as follow
20% EUR GBP -66
40% EUR JPY in the green
40% USD JPY in the green
i am covered my day is done thanks for the MM
i really wish you all the best
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