Disliked{quote} Hey Luxing First, I must say I am very impressed with anyone who would go as deep and simulate his own trading concept within the guidelines of the program. I urge any candidate to do the very same. It is a great thing that you have outlined this in your words because sometimes people relay a wrong understanding of a guideline. In your case, I think you have mixed the term exposure with stoploss. So please allow me to clarify both objectives. We require a stop loss of 1.5% max per each trade. You could have multiple trades, each could be...Ignored
I can have 6 simultaneous trades, but the max. lot size per trade is 0.1 to comply with the "0.65 rule".
My total cash at risk = 6 trades x 0.1 lots per trade = 0.6 lots x 15 pips stoploss @ $ 6 per pip = $ 90.
$ 90 cash at risk / 52k account = 0.17%. My risk per trade would be 0.17% / 6 trades = 0.03%, simple as that.
It does not change my perspective on the program, my conclusion is still the same.
From my point of view, a maximum altogether lot size of 0.65 does not make sense.
The above numbers clearly explain why it does not make sense...
LuXing
Wisdom begins in wonder
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