Dislikednothing wrong with ur calculations,the problems is with the volatality one will have to face near ur stop loss levels and the time market going to spend in that area affecting ur confidence when the market take u out of the position so many time that by the time a real move start u will be so exhausted defending ur position that the first time u see some profits and sitting on it and market dont move in ur favour further u take a small profit and run and then market again start to move and u cant take a position becos the point where risk and reward...Ignored
risk management is of course only calculations, and SL should have margin volatility
regardless of account size, each must have appropriate and comfortable MM.
do a good disciplined RM, is a good principle for all types of accounts, because if the principle is just not being leveraged and concentrated in larger TF, one runs the risk of not getting out of a losing position in good time and end by having a greater loss than if had done a good RM which allowed leverage.
in the example I gave, would not leverage the second account and end up out of position with a loss greater than $100. this can easily happen, believe me.
smaller the account more accurately the entries. for it shall be considered all TF since the larger and the smaller will allow much precision at the entrance.
in larger accounts, we can not be as precise and adjust the position size. because seeing an amount of loss proportionately larger, on the account, does not affect so much psychologically.
I'm not so newbie, only in forex, just one year. i'm trading futures over several years and what i told above is what i consider the best, but each must find his way to go, i guess