I in my first year of live trading i had a couple of years study and testing so still new to the game I was thinking 5% per month would good return im keeping risk 1% or less per trade depending on the set up compounding still learning every day. my tp1 is normally 1 to 1 or better so i need 50% win rate on tp1 to have a small edge if 10% of my winners hit tp 2 normaly 3 to 1 or better I should do ok only time will tell i guess.
top man, and been very nice to take his time to help some of us out on hereI now risk about 2% per trade, aiming for 2:1 or 3:1 (depending on the vol of pair).....learnt to be extremely patient, and only take a few trades max per day now. Has to hit my marks, or i dont trade. So can be no trade days. Started, like many, throwing trades everywhere, doubling up on losing trades etc.....tripled my account in the first months.....thought i was a god of the markets.....then lost it all in one day on the Dow!
