Dislikedexactly.which is why I say my patience is not gonna allow me to watch pa go more than 25pips against me without doing something.The thing I have found to be the most frustrating thing about fx is drawdown.It still keeps me up and thinking "what if."So if his mm is good enough to allow such huge drawdowns,not blow up any accounts,and be green,I say congrats and how did you do it.
whenever I'm brainstorming to figure out a new approach to mm, I always run into a central problem: how can you allow for a reasonable sl and still allow for...Ignored
You have to cut losers very quickly when scalping - have a nominal 25 stop say , but if a trade goes against you - you can get out at -5 or -10.You have to be really quick on the trigger - and thats why its good to have the plan firmly in your head before you pull the trigger - so that as soon as your plan has been proven wrong , you just get out automatically without thinking
By all means go for 2% - 4% a day but do allow for days at breakeven and days at a loss - if you can get 10% a month consistently then you are a really good trader - think about it... 120% a year without compounding is an extremely good result many professional traders would give their right arm for - and yes consistency is king