Hey
I'm learning to trade with the Wealth builder on the daily chart. I'm starting to get a little hang on how to read candlestick pattern on when to act and not. So far I have never put up a trade that will risk me more than 2% of my account. But! My real question: In the document it says:
<quote>
"For those not inclined to try and trade the market with the 1 hour or 4 hour tunnel methods [or any other method or system for that matter], currency pairs should represent approximately 60 to 80 percent of your trading equity."
</quote>
I don't understand this. Could anyone please explain this to me? Does it mean I should risk more than 2% of my equity? As far as I had understood from other reading, that is a big NO NO ?
I'm learning to trade with the Wealth builder on the daily chart. I'm starting to get a little hang on how to read candlestick pattern on when to act and not. So far I have never put up a trade that will risk me more than 2% of my account. But! My real question: In the document it says:
<quote>
"For those not inclined to try and trade the market with the 1 hour or 4 hour tunnel methods [or any other method or system for that matter], currency pairs should represent approximately 60 to 80 percent of your trading equity."
</quote>
I don't understand this. Could anyone please explain this to me? Does it mean I should risk more than 2% of my equity? As far as I had understood from other reading, that is a big NO NO ?