DislikedDepends what is one's definition of "An Account". If it refers to all of your working capital then 2% is a bit too high for a trader who's win/loss ratio is no better than 60/40. Forty straight losses would drastically reduce operating capacity.
My normal risk apettite is 1% of amount set aside for a month's trading (i.e. amount I am willing to lose in a month). But everyone has a diffirent system and risk management mechanism, follow your own calculations.Ignored
- Joined Apr 2009 | Status: Live and learn. | 21,847 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!