Disliked{quote} Appreciate the advice RH, I consider myself quite inexperienced but the rigorous backtesting has really helped me stay disciplined. A question for you traders...
1. How many trades would you recommend per week?
2. I use the daily and don't have my exposure over 2% in any currency at a time so I look for the best long and short for any currency. Should I just keep cranking this machine? I mean from what I've seen its got a positive expectancy, but then I'm conscious of DD. I'm hungry to learn. Regards, iSintimIgnored
1. There is no one correct answer. A casino has a statistical advantage on virtually every bet (table games and slots), therefore they let you bet as many times as you want (but they limit the size of any single bet). Why not do the same thing if you have a "statistical advantage on virtually every bet" trading the Forex?
2. 2% is a good amount to risk per currency (on a small account), provided that you are not in too many pairs that are correlated such as the: GBPJPY, AUDJPY, EURJPY, CADJPY, etc.
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