Disliked{quote} One word of caution I'll give you though Mizi is be sure you have a reasonably solid exit strategy, by that I mean one that protects the loss on your account when price trends away and does not come back. The strong trend will eventually strike and if the traders mindset is something like this; "It'll be ok price will reverse soon, its always reversed for me over a hundred times in a row... I'll keep the trades running..." Then the fact is that the account will eventually end very very badly. Long term account survival depends on having...Ignored
Just a quick comment on the following....
Reducing the risk by spreading margin across several pairs (Sum [Pair A floating P&L + Pair B floating P&L + ... + Pair N floating P&L]);
Even with single pair multi-position strategy, I am a firm believer that we should always base position size (for %risk position sizing) from "Available Margin". Open 1st position, x% of accountequity()...free margin depletes
Open 2nd position, x% of free margin
The beauty of this is a more balanced exposure and if you can visualize this, a far "optimized" use of margin..... you can literally squeeze every penny worth of free margin under a certain threshold to avoid MC. This model is far superior than a higher %risk bigger lot position sizing.
Staying in my lane...