Thanks a lot Brit
Are you sometimes adding to a good run, (like the EURNZD) or do you just stick with the original trade?
Thx again
PC
Are you sometimes adding to a good run, (like the EURNZD) or do you just stick with the original trade?
Thx again
PC
DislikedI am trading 15 pairs as per screenshot on Post #1
For MM typically 5% of reserve and this is sort of based on my trading accuracy and pips win/lose ratios. If I get a loss I instantly reduce my stake on the next trades until the account recovers and then back to 5%.
This will make a difference on your lot sizes when you are trading the higher ATR(7) values such as the eur/ and gbp with nzd for example.
Risk:Reward - per my recent posts and using the TP1 and TP2 approach a minimum of 1:1Ignored
Less is more...