Dislikedhello traders.i am an active trader as i have been trading for two years now of which i had made some reasonable profit.the problem is that i lost vitrually 80% of my investment a month ago and i am trying to get back on my feet but as i have just 200$ left in my account with "cmsfx brokage "firm and they have changed lowered their leverage to 100:1 of which i tried to follow my trading rules which is peterbrain's "mechanical system" to be discipline,i realize that i do have pressure on my self and loose more.i really appreicate any kind of...Ignored
Anyway, read a bit about "fixed fractional position sizing" which basically just means that you risk a fixed percentage of your account for each trade (for example you lose 2% of your account if your trade hits your initial stop loss). It's really the most important thing there is to learn about "money management".