Why you should trade 1-2% of your account on a trade! | Page 4 | Forex Factory

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Why you should trade 1-2% of your account on a trade!

  • #61
  • Edited 8:47am May 13, 2018 8:34am | Edited 8:47am
By "all your trades" from START you mean from 3 weeks before until now (starting 24th March 2018)? That's a reasonable period of time to determine ones results... Yeah, sorry then...
  • #62
  • May 13, 2018 8:37am May 13, 2018 8:37am
Quoting Samson85
{quote} With this type of stratergy you're likely taking 2-8 trades per month.
Around 15 in average actually (thats including skipping trading days because i need to go out to do something), maybe even 20 (1 per day) if the market isnt crazy by something OR i catched london and new york sessions. Latelly i dont care to much about how many trades i get, i just wait for the perfect trades according to my rules and thats it; a day or 2 just waiting doesnt bother me at all =)

Quoting mr.brown
{quote} ok super smart, answer this one what will happen when u r floating w 20% account risk n a reverse spike hit...!!??
I never get "reverse spike hit" ever; if you were more humble/open minded you will know why

Quoting mr.brown
{quote} even if u have stop loss it will most probably not fill...!!! account MC too many smart asses here, u have no clue what u r talking about, rookie talk, rookie talk
Thats right man, YOU have no clue who are you talking about, YOU have no idea how people trade, what they trade or even how are they reading the price !! you asume to many things.. dont try to be a "super smart" guy =)
  • #63
  • May 13, 2018 9:28am May 13, 2018 9:28am
2% (or whatever the value) risk% is subjective.
out of curiosity, how do you guys calculate that?

example:
Balance = $1,000
Leverage 1:300
EURUSD price = 1.195
Spread = 10point
Stoploss = 200point
Commission perroundtrip = $4/standard lot
Trade BUY.

so how much is the lotsize, if we risk 2%?
  • #64
  • May 13, 2018 9:31am May 13, 2018 9:31am
Quoting TakeUrPills
By "all your trades" from START you mean from 3 weeks before until now (starting 24th March 2018)? That's a reasonable period of time to determine ones results... Yeah, sorry then...
Hey you liked the results right? The gbp/USD trade prediction of it hitting 1.40 lol. I'm sure you also caught the trade which shows me buying gbp/USD when the rate hike was priced in? Over 200 pips caught hmmm.....

I had only decided then to start posting every trade so that others can see fundamental analysis as an option to trade with.

You can also see heavy trade examples on this thread also.

You have said you're not good at trading but I hope this changes for you.

I commented on this thread openly to state I had a heavy loss which is the 1st one this year but with that said I have had many big winners.

So you want to grill me for being transparent which many traders fail to do then that's on you.

The last losing month I had was in January. The loss I had this month can be recouped trading the right fundamentals and risk events.
  • #65
  • May 13, 2018 9:38am May 13, 2018 9:38am
Quoting Hairi
2% (or whatever the value) risk% is subjective. out of curiosity, how do you guys calculate that? example: Balance = $1,000 Leverage 1:300 EURUSD price = 1.195 Spread = 10point Stoploss = 200point Commission perroundtrip = $4/standard lot Trade BUY. so how much is the lotsize, if we risk 2%?
Risk for me is simple.

£20k trading account means the most I would allow a loss to run for is £200 to 400 pound. The lot size is dependant on how good the entry is on a manual trade.
  • #66
  • May 13, 2018 9:43am May 13, 2018 9:43am
I'm a newbie trader. I have just recently started using real money. At first, I was using 2% risk. But I think it's a lot when I saw a few consecutive losing trades. Now, I have moved to 1% risk. Winning trades only make a couple of $ of profit but losing trades also don't hurt a lot. I have realized that have a good win rate is what matters at this stage and not the amount of $ I make. Once I have figured out strategies that are consistently winning, I can always increase my deposit while sticking to 1%.
  • #67
  • May 13, 2018 9:54am May 13, 2018 9:54am
Quoting Samson85
{quote} Risk for me is simple. £20k trading account means the most I would allow a loss to run for is £200 to 400 pound. The lot size is dependant on how good the entry is on a manual trade.
how good is good, that worth £200 to 400 pound?
  • #68
  • May 13, 2018 10:03am May 13, 2018 10:03am
Quoting Hairi
{quote} how good is good, that worth £200 to 400 pound?

It really depends on the entry.

This is why most would argue that swing trading is better as it's less headache but take into account we have data releases which could ruin trades.

When trading shares for example you really only have to worry about quartery earnings which is why I feel most technical traders should be trading stocks/shares and not currencies.
  • #69
  • Last Post: May 18, 2018 2:23pm May 18, 2018 2:23pm
Actually risk percentage depends on many factors. How much you can tolerate is a factor. It also associated with your winning ratio. A trading strategy is a combination of all factors according to your skills, capital, risk tolerance power. You have to make a system so that you can survive in the market and make profit.
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