But how about the second group moves in different direction?

Thanks for all replies. Trading at 10K with 40 pips S/L only comprises of 1% risk. I think that sounds reasonable, given that when I was a bank dealer I risk 1m with 30 pips S/L for each trade, when translated to live account it is $100K with $300 ...

But 10K is already minimum. Can't be smaller

I have come up with a few systems. 1. Given a trend, when the price retraces to 61.8 level of the trend, long or short in the direction of the trend. 2. At 12:00 GMT, trade GBP/JPY, go long at the highest price of the previous twelve bars and vice ...

When I am a bank dealer, the minimum trade amount is $1m. My daily limit is $3000, monthly limit is $15000. I then usually risked the whole $1m and place 25 pips S/L, implying maximum loss of $2500 daily. But I still manage to earn about $8000 to ...